Republicans, Citing Past Democratic Promises, Question Democrats' Credibility on Wall Street Reform - Political Punch

Republicans, Citing Past Democratic Promises, Question Democrats' Credibility on Wall Street Reform - Political Punch:

Republicans are beginning to attack the financial regulatory reform bill by attacking the Democrats pitching it as simply not believable.

“Just think about some of the things Americans have been told,” Senate Minority Leader Mitch McConnell, R-Kentucky, said on Thursday. “As a senator, the current President railed against deficits and debt. He said America has a debt problem and that it was a failure of leadership not to address it. Yet last year his administration released a budget that doubles the debt in five years and triples it in 10. The debt has increased over $2 trillion since he took office. And in February, the federal government ran the largest monthly deficit in history.”"