There is a legitimate debate about so-called deficit spending and Keynesian Economics, and whether in the long term it helps or hurts economic growth, but there is no debate about whether federal spending is ever reduced after increases -- maybe I misunderstood him. He's old and I'm older. But here's the picture that's worth a thousand words.
|Outlays, Receipts & Deficits as % of GDP|
Republicans say they're focused on creating jobs, but actions speak louder than words. They manufactured two debt crises in the last two and a half years. In the first one they managed to get an across-the-board cut -- the sequester -- causing all kinds of chaos (which they then tried to reverse with selective appropriations). In the second they got basically nothing (except some $3b for a dam project in Mitch McConnell's state of Kentucky).
But they'll be back for more cuts, both in spending and taxes, as well as "fixes" to the Affordable Care Act. Everything they do will hurt the economy -- count on it!