News & Politics

Obama vs. Bush: The Red Ink Showdown

Sign The Petition Today! “By the time I took office, we had a one-year deficit of over $1 trillion and projected deficits of $8 trillion over the next decade,” Obama said in his State of the Union speech.

“The Bush administration’s swing from surpluses to deficits added more debt in its eight years than all the previous administrations in the history of our republic combined,” David Axelrod, a senior strategist for Obama, wrote in The Washington Post.

The theme is clear. According to the Obama Administration deficits as far as the eye can see are the fault of one man: George W. Bush. They relentlessly push this message from the Obama White House. Let’s do a little fact checking.

First it is important to understand that an Administration only suggests a budget. Under our form of government, Congress is actually in charge of appropriating money. Hence, you have a mad scramble every two years, when committee assignments are passed out with Members of Congress elbowing each other to get a seat on the aptly named “Committee on Appropriations”.

So when Obama uses speeches to whine about the “fiscal disaster” he inherited from Bush, he should actually be complaining about the Democratic Congress run by Nancy Pelosi and Harry Reid that appropriated and adopted the budget during the later years of the Bush term.

As the party that controlled Congress since January 2007, it is the Democrats that have held all the cards in the budget debate. They essentially wrote the budgets for FY 2008, FY 2009, as well as FY 2010 and FY 2011. Oh, and if we need to remind him, Barack Obama served in these Democratic majorities, so he cannot feign ignorance of the process. Article Continues…