IR#04: Pelosi: "We Don't Have a Spending Problem..."

Pelosi On The National Debt

Pelosi on national debt says, we have a spending problem.

Published on February 17, 2013

Another IDIOCRACY REPORT brought to you by Level9News

Our Congressional Consensus

This report features Nancy Pelosi when earlier this week in response to the looming sequestration on the horizon she stated “We don’t have a spending problem…we have a budget deficit problem…”
And she’s not alone in this consensus…Obama, Dick Durbin, Steny Hoyer and Tom Harkin to name a few support Pelosi‘s opinion.

MOBILE APP VIEWERS:
There is a correction at 1:38 into this video…speech bubble notation does not show up on these apps…decimal point error – correct amount per every man, woman & child is $3,143 for the deficit and $248,571 for every man, woman and child in America for the unfunded liabilities…thank you to NHPreppah for catching this.

Pelosi on the national debt was quick to point out that we don’t have a spending problem, we have a budget deficit problem. I guess no one explained to that when you spend more than you have, you end up with a deficit. This report features Nancy Pelosi when earlier this week in response to the looming sequestration on the horizon she stated “We don’t have a spending problem…we have a budget deficit problem…” And she’s not alone in this consensus…Obama, Dick Durbin, Steny Hoyer and Tom Harkin to name a few support Pelosi‘s opinion. Pelosi also stated she opposes a cut in congressional pay because it would diminish the dignity of lawmakers’ jobs. Besides, we don’t have a spending problem. Pelosi on national debt is oblivious.