Just how much of that deficit can be blamed on Obama? There’s the 400 billion dollars from the 700 billion dollar TARP bailout — 350 of which was handed over to Henry Paulson before Obama took office with virtually no oversight. Almost 400 billion dollars a year goes towards interest on the Reagan/Bush/Bush debt.
That leaves 600 billion dollars.
200 billion dollars from the stimulus package has been spent so far. Because of the high unemployment, revenues have been greatly decreased. The money for the two wars was not previously included in the budget, but it is now.
So it’s a little dishonest to blame Obama for the massive defict.
DRUDGE RETORT 