December 7, 2014
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5:05Now PlayingWatch the full "Debt vs. Deficit Video by We the Economy here
“Reince Preibus has some harsh words for President Barack Obama when it comes to the federal debt.
Days after the federal debt surpassed $18 trillion for the first time, the Republican National Committee chairman says no other president has failed worse than Obama, says he has “the worst record of any president when it comes to putting America deeper in debt,” according to The Hill.
He also blasted the increase in debt as "immoral" and said the outcome in the midterm elections showed Americans are "tired of Democrats' free-spending ways."
While the national debt has increased by $7.3 trillion since Obama took office, Obama's supporters say much of it came in the early years of his presidency as a carryover from a recession that began under George W. Bush's watch."* The Young Turks host Cenk Uygur breaks it down.
*Read more here:
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