Hoyer: "The Country Has A Paying For Problem," Not A Spending Problem
MICHELLE CARUSO-CABRERA: Does the country have a spending problem sir? Does the country have a spending problem?
REP. STENY HOYER (D-MD), HOUSE MINORITY WHIP: Does the country have a spending problem? The country has a paying for problem. We haven't paid for what we bought, we haven't paid for our tax cuts, we haven't paid for war.
CARUSO-CABRERA: How about what we promised? Are we promising too much?
HOYER: Absolutely. If we don't pay, we shouldn't buy.
CARUSO-CABRERA: So how is that different than a spending problem?
HOYER: Well, we spent a lot of money when George Bush was president of the United States in the House and Senate were controlled by Republicans. We spent a lot of money. (Squawk Box, February 12, 2013
REP. STENY HOYER (D-MD), HOUSE MINORITY WHIP: Does the country have a spending problem? The country has a paying for problem. We haven't paid for what we bought, we haven't paid for our tax cuts, we haven't paid for war.
CARUSO-CABRERA: How about what we promised? Are we promising too much?
HOYER: Absolutely. If we don't pay, we shouldn't buy.
CARUSO-CABRERA: So how is that different than a spending problem?
HOYER: Well, we spent a lot of money when George Bush was president of the United States in the House and Senate were controlled by Republicans. We spent a lot of money. (Squawk Box, February 12, 2013
http://www.realclearpolitics.com/video/2013/02/12/hoyer_the_country_has_a_paying_for_problem_not_a_spending_problem.html
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