Debt Has Increased $5 Trillion Since Speaker Pelosi Vowed, ‘No New Deficit Spending’
Monday, October 25, 2010
By Terence P. Jeffrey


House Speaker Nancy Pelosi holds one of the pens used by President Barack Obama to sign the health care bill, Tuesday, March 23, 2010, in the East Room of the White House in Washington. (AP Photo/J. Scott Applewhite)

(CNSNews.com) - When Rep. Nancy Pelosi (D-Calif.) gave her inaugural address as speaker of the House in 2007, she vowed there would be “no new deficit spending.â€