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Representative Bachmann speaks on the looming deficit

by Dan Barrett / /

Hailing from Minnesota’s 6th District, Michelle Bachmann greeted “the majority in waiting.” She cited the condition of the American political “bull market” with North Dakota’s polling numbers. After the Christmas Eve healthcare vote, many Dakota legislatures were surprised to see their approval go down with the lack of transparency and rushing of the big spending bill.

Bachmann went on to display a graph depicting the projected deficits for the last few presidencies and the looming increases under the Obama Administration – expected to cost the nation $9.3 trillion in the next decade. Quoting the CBO Director, “Serious long-term damage to the American economy” with regards to “massive national debt implosion in this country…and it doesn’t work out so well…it just doesn’t work.”