Despite $6.1 trillion being added to the national debt since President Barack Obama took office in January 2009, ex-House Speaker Nancy Pelosi (D-CA) says that there are no spending cuts left to make in the $3.8 trillion federal budget.
The comments came in an interview on CNN’s State of the Union, in which host Candy Crowley pressed Pelosi, who currently serves as House Minority Leader, on a different issues currently dominating politics in Washington, including the Continuing Resolution and debt ceiling. But Crowley pressed Pelosi on limited government and spending.
“None of us of comes here to have more government than we need. So, we should subject everything we do to real scrutiny to say is this needed because most of it is an expenditure,” Pelosi told Crowley, later knocking what she called the “anti-government ideology” of Republicans in Congress.
Pelosi accused Republicans of purposefully trying to shutdown the federal government over ObamaCare, calling concerns about the law “an excuse.” The conversation shifted to spending and the debt ceiling. Crowley noted that past presidents — including Reagan, Clinton and Bush — had negotiated on the debt ceiling and spending cuts. But Pelosi astonishingly disputed that there is any place to make further cuts.
“[T]he cupboard is bare. There’s no more cuts to make,” declared Pelosi. “It’s really important that people understand that. We all want to reduce the deficit.”
“We’re all committed to that. Put everything on the table. Review it,” she added. “But you cannot have any more cuts just for the sake of cuts. Right now, you’re taking trophies.”