Nancy Pelosi told Dana Bash on CNN that the deficit goes down under Democratic Presidents.
"Under Democratic presidents just look at the history, look at the facts, the deficit goes down under Democratic presidents, went down under President Clinton, went up under President Bush, tax cuts, tax cuts. And he had a giveaway to the pharmaceutical industry to which to the -- the national debt and to unpaid for wars. President Obama comes in. With President Obama came in the tax -- the deficit that January was $1.3 trillion; when he left it was $500 billion, a reduction of about 70 percent. "