Under President Obama the budget [[deficit]] reached over $1 trillion for the first time in history. When asked over the fate of the United States' going into bankruptcy, Biden stated at an [[AARP]] meeting, "Now, people when I say that look at me and say, "What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’" Biden said. "The answer is yes, that's what I’m telling you." <ref>http://www.cnsnews.com/public/Content/Article.aspx?rsrcid=51162</ref> | Under President Obama the budget [[deficit]] reached over $1 trillion for the first time in history. When asked over the fate of the United States' going into bankruptcy, Biden stated at an [[AARP]] meeting, "Now, people when I say that look at me and say, "What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’" Biden said. "The answer is yes, that's what I’m telling you." <ref>http://www.cnsnews.com/public/Content/Article.aspx?rsrcid=51162</ref> |