James Carville as Debt Passes $16.6T: ‘The Debt is Going Down'

March 4, 2013 - 5:08 PM

James Carville

James Carville, a Democratic campaign consultant and one-time advisor to Bill Clinton (AP Photo)

(CNSNews.com) – James Carville, a Democratic campaign consultant and one-time advisor to Bill Clinton, asked Friday “Why do they want to cut anything? The debt is going down.”

Last week, the national debt surpassed $16.6 trillion--an increase of more than $6 trillion since President Barack Obama took office in 2009. (See Earlier Story)

Interviewed by Sean Hannity on Fox News, Carville saw no need to cut spending.

“Why do they want to cut anything?” Carville responded. “The debt is going down. We can't have a long run problem. The health care cost numbers are looking good. Right now, we have to keep to the extent to have a recovery and keep it going. The best private forecasts, macroeconomic advisors, says it's going to take a half percent off of GDP. We don't half a percent to give right now, Sean.”