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Public Statements

Issue Position: Deficit and Debt

Issue Position

Location: Unknown

Our debt is approaching $16.5 trillion. In the first three years of his presidency, President Obama has increased our federal debt by $5 trillion. Due to historically reckless spending, the President and his liberal allies in Congress created record deficits of $1.42 trillion, $1.29 trillion and $1.3 trillion in the last three fiscal years. More than 41 cents of every dollar is borrowed and 47% of our federal debt is owned by foreign nations with China leading the way.

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