That was Nancy Pelosi nearly a week ago where she also said she was, “very, very proud of the work that was accomplished by this Congress.”
CNS News gives us more detail on what was accomplished:
The federal government has accumulated more new debt–$3.22 trillion ($3,220,103,625,307.29)–during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury.
That equals $10,429.64 in new debt for each and every one of the 308,745,538 people counted in the United States by the 2010 Census.
The total national debt of $13,858,529,371,601.09 (or $13.859 trillion), as recorded by the U.S. Treasury at the close of business on Dec. 22, now equals $44,886.57 for every man, woman and child in the United States.
In fact, the 111th Congress not only has set the record as the most debt-accumulating Congress in U.S. history, but also has out-stripped its nearest competitor, the 110th, by an astounding $1.262 trillion in new debt.
This is hardly what anyone would call an achievement, yet it was Obama who hailed what he saw to be progress in a news conference held after he closed out the 111th Congress:
The president sought to cast himself as heeding the wishes of voters who had demanded bipartisanship when they delivered a setback to the Democratic Party in the midterm elections. “We’ve shown in the wake of the November elections that we have the capacity not only to make progress but to make progress together,” Mr. Obama said.
If incurring more debt in this Congress than the first 100 Congresses combined can be considered progress, then clearly the call for the Republican majority in the 112th is to regress… and in a big way.
Here’s hoping they have the intestinal fortitude to carry out the mission.