Monday, May 14, 2012

Republican National Committee Releases New Web Video Empty Promises: Debt & Deficits FULL TEXT TRANSCRIPT


WASHINGTON - The Republican National Committee (RNC) released a new web video "Empty Promises: Debt and Deficits" demonstrating President Obama's repeated broken promises when it comes to spending. Barack Obama promised to cut the deficit in half by the end of his first term but has run trillion dollar deficits every year since. Now, as he's campaigning for a second term, he's making the same empty promises he made four years ago.

FULL TEXT TRANSCRIPT:

"President Obama has broken his promise over and over when it comes to reining in Washington's out of control spending," said RNC Chairman Reince Priebus. "During the campaign, he lambasted the growing debt and, once elected, he pledged to cut the deficit in half by the end of his first term.

"Yet, President Obama's record has been to double-down on Washington's out of control spending by running trillion dollar deficits every year he's been in office. His serial disregard of the nation's finances is mortgaging our children's future, guaranteeing that the next generation will not be better off.

"Barack Obama is right--the American people are tired of politicians who talk the talk but don't walk the walk when it comes to fiscal responsibility. After four years of lip-service on spending, it is clear that Barack Obama is just a typical politician, saying one thing to get elected and doing another once in office."

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Paid for by the Republican National Committee Not Authorized By Any Candidate Or Candidate's Committee www.GOP.com Republican National Committee 310 First Street, SE Washington, DC 20003 info@gop.com p 202.863.8500 || f 202.863.8820

VIDEO CREDIT: Published on May 14, 2012 by rnc (The Republican National Committee) License: Standard YouTube License. Category: News & Politics.

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