There was a time that Democrats like Nancy Pelosi and Chuck Schumer screeched about ‘Our poor Children and Grandchildren will have to pay for the Republicans out-of-control deficits.
Then Barack Obama was elected President, and the Democrats controlled both the House and Senate and shockingly they screeched ‘America shouldn’t worry about deficits because it’s no big deal.’
Of course, after President Trump passed his historic tax cut, Nancy Pelosi screamed ‘What about our poor children and Grandchildren.”
Now the Democrats Stuttering Alcoholic Speaker of the House Nancy Pelosi is once again ‘making it rain’
House and Senate Democrats said on Friday that the cost of their coronavirus aid package has increased to $3.7 trillion but added that they are willing to shave off $1 trillion to cut a compromise deal with the White House.
White House officials said the escalating cost of the Democratic demands has complicated efforts to secure a bipartisan deal that would also extend expired unemployment benefits and critical small-business loans.
House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer said White House negotiators have refused their offer so far but are hoping for a compromise when the two sides meet later in the afternoon.
In May, House Democrats passed a $3 trillion coronavirus aid package. Earlier in the week, Pelosi said the cost had increased to $3.4 trillion to include a quadrupling of the initial $100 billion for schools and universities.
On Friday, Pelosi said the bill will cost $3.7 trillion unless Republicans agree to repeal parts of the 2017 tax reform law and raise taxes by $250 billion in order to lower the price back to $3.4 trillion.
“If they don’t want to repeal that, then our bill is like $3.7 [trillion],” Pelosi said.
Democrats Who Cried ‘Our Poor Children and Grandchildren Will Be Paying The Bill’
Maryland Democratic congressman Steny Hoyer
“We’re lying to ourselves and our children if we say we can maintain our current levels of entitlement spending, defense spending, and taxation without bankrupting our country.”
Paul Krugman crying over Obama’s out-of-control budgets
The same president Obama that has run up the largest budget deficits in US history and supported massive spending bills that our great grandchildren will be paying for.
Nancy Pelosi 2007 Speaker of the house acceptance speech
“After years of historic deficits, this 110th Congress will commit itself to a higher standard: pay as you go, no new deficit spending.
House Democrats 2006 ‘A New Direction For America“
Over the past decade, the Republican majority in Congress has taken our nation in the wrong direction. Too many Americans are paying a heavy price for those wrong choices: record costs for energy, health care, and education; jobs shipped overseas; and budgets that heap records debt on our children.
- Democrats are fiscally responsible and do not run large deficits year after year.
- We object to passing on excessive debt to our children’s grandchildren.
Democratic response to Bush’s 2006 State of the Union address
Virginia Governor Tim Kaine asks rhetorically, “Why should we allow this administration to pass down the bill for its reckless spending to our children and grandchildren?“
Hillary Clinton’s 2008 Convention speech
The biggest deficit in our nation’s history. Money borrowed from the Chinese to buy oil from the Saudis.
Nothing less than the fate of our nation and the future of our children hang in the balance. I want you to think about your children and grandchildren come election day.