In response to:

White House: $1.2 Trillion Deficit in 2012

r111f Wrote: Jul 28, 2012 8:39 AM
If ZERO is not at least somewhat responsible for all the spending.....i agree that spending is the responsiblity of Congress......but directed from the Oval Office........THEN WHY DO ALL THE LIVERALS AND THEIR CO-CONSPIRATORS IN THE MEDIA KEEP SAYING WAS IT ALL BUSH'S FAULT.........WHY IS IT THEN THAT RONALD REAGAN INCREASED THE DEFICITS........WHEN IT WAS HIS D-RAT CONGRESS THAT KEPT SPENDING..........YOU LIBERALS CAN'T HAVE IT BOTH WAYS..........

Just so you know, this deficit is totally out of context and was certainly not built by President Obama:
 

The Obama administration projects a budget deficit of $1.211 trillion this year, though that is $116 billion lower than an estimate released earlier in the year. "This reflects lower-than-expected spending, partially offset by lower-than-expected receipts," Budget Director Jeffrey Zients wrote on the White House website. In unveiling the administration's midyear budget review, Zients reported that this year's deficit is estimated to be 7.8% of Gross Domestic Product. That is less than the 8.5% projected in a...