The GOP wants people to believe that the majority of the massive deficit is President Obama's doing. Not even close.
The United States will probably feel the ill affects of the Bush presidency for many generations to come.President Obama's agenda, ambitious as it may be, is responsible for only a sliver of the deficits, despite what many of his Republican critics are saying.
Judd Gregg recently held up a chart on the Senate floor showing that Mr. Obama would increase the deficit — but failed to mention that much of the increase stemmed from extending Bush policies. In fact, unlike Mr. Obama,
Republicans favor extending all the Bush tax cuts, which will send the deficit higher.
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