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I ran for office originally as part of this Tea Party Movement because we were upset with Republicans who've doubled the debt. We were upset with Republicans that bailed out the banks.

I invested all my money in debt.

President Obama has almost doubled our national debt to more than $19 trillion, and growing. And yet, what do we have to show for it? Our roads and bridges are falling apart, our airports are in Third World condition, and forty-three million Americans are on food stamps.

A national debt, if it is not excessive, will be to us a national blessing.

Remember, Republican economic policies quadrupled the debt before I took office and doubled it after I left. We simply can't afford to double-down on trickle-down.

The money the president wants to borrow for Iraq will come directly out of the American taxpayer wallets in the form of Medicare and Social Security receipts. That's your money.

I will never forget the debt we owe to those who have fought to keep America safe.

It took the first 204 years of our Nation's history to accumulate $1 trillion in debt. And now we are doing that every 2 or 3 years.

What did I owe the rest of the world? Nothing.

Today, as we look back on the history of our nation and take note of how far we have come as a people, we are reminded that we owe a great debt to those who fought valiantly for the freedoms that we easily take for granted.