Paul Ryan: Obama created unprecedented debt, he's done NOTHING to curtail spending sprees

Speaking at the Republican convention on Wednesday, Republican Vice Presidential candidate, Paul Ryan, noted that President Obama has managed to "add more debt than any other President before him, and more than all the troubled governments of Europe combined."

"One President, one term, $5 trillion in new debt", said Ryan.

The Republican Vice Presidential candidate added that, despite all of this, the President has done "NOTHING" to reverse this bad habit, but instead has opted to continue his reckless spending sprees."They have no answer to this simple reality," said Ryan. "We need to stop spending money we don't have!"