There really isn’t a spending problem in Washington, according to House Minority Leader Nancy Pelosi.
“It is almost a false argument to say we have a spending problem,” she said. “We have a budget deficit problem that we have to address.”
Pelosi gave an exclusive, pre-taped interview to Chris Wallace, which aired on Fox News Sunday this week. The two of the them spent the first part of their interview talking about the looming sequestration, and the best strategies for avoiding it. And while Pelosi advocated a balanced solution, for the House Minority Leader and her fellow Democrats, spending cuts really aren’t a big part of the solution.
“The fact is, we’ve had plenty of spending cuts,” she told Wallace. “$1.6 trillion in the Budget Control Act. What we need is growth — we need growth with jobs.”
Wallace questioned Pelosi’s assertion that tax increases need to be part of the sequester avoidance plan — especially since he noted even a 100 percent tax on those making more than $1 million a year wouldn’t even match the projected deficit for this year — and kept pushing her hard on spending cuts.
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http://redalertpolitics.com/2013/02/10/nancy-pelosi-says-its-almost-a-false-argument-to-say-the-u-s-has-a-spending-problem/