#SOTU Factcheck: President Obama’s Words About Controlling Our Spending And Reducing Our Debt Are Meaningless

President Obama likes to talk a tough game on tackling our nation’s spending and debt crisis when he thinks the voters are listening.

In reality, President Obama has run up one of the worst records of fiscal responsibility in U.S. history.

In his 2010 State of the Union Address, President Obama committed himself to “meaningful steps to rein in our debt,” acknowledging that the coming debt crisis would “jeopardize our recovery.”

Where do we stand now?

Since President Obama took office, the national debt has jumped to more than $17 trillion. Remember when he promised that his proposals wouldn’t “add a dime” to the debt?

President Obama utterly refuses to sit down with Republicans to discuss meaningful spending cuts in exchange for an increase in the debt ceiling. “I shouldn’t have to offer anything,” he told Republicans in September.

He can’t even submit his budget on time! This year, the White House notified Congress that their proposed budget – required by law to be sent by the first Monday in February – would be late. This is the 4th time in 5 years his Administration has failed to deliver a budget on schedule.

The non-partisan Congressional Budget Office has already warned that the current fiscal path of the Obama White House will lead us to dangerous territory.

Meanwhile, Nancy Pelosi is trying to convince us that there are “no more cuts to make.”

As a Senator, President Obama called the national debt a “failure of leadership.” What is it now?