Ted Cruz: “Our national debt is larger than our gross domestic product.”

“He asked a liberal Democrat to round up the votes on the floor against the bill, and he killed the bill because he didn't want to stand and fight Obama. Our country is in crisis. We're going broke. Our national debt is larger than our gross domestic product. And the unhappy truth is it has been career politicians in both parties that have gotten us in this mess.” (03:11–03:15)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.