Asserts the liberal-conservative Republican commentator in New York: "Obama was inaugurated as the fiscal year 2009 deficit eventually totaled $1.41 trillion. Had he halved this shortfall, FY 2012's deficit should have remained below $705 billion. Instead, it was $1.1 trillion -- $395 billion above Obama's pledge."
He continues: "Under Obama, America has made history: four consecutive annual deficits surpassing $1 trillion. After FY 2009's $1.41 trillion hole (which he and an all-Democratic Congress could have filled), the next three deficits were, respectively, $1.29 trillion, $1.3 trillion, and $1.1 trillion. Thus, Obama has swelled the national debt by $5.1 trillion, all in one term. Another record."
More: "As The Weekly Standard's Jeffrey H. Anderson recalls, Obama predicted in May 2009 that FY 2012's deficit would be just $557 billion. Obama underestimated the depth of last year's red ink by almost exactly half. Never take a diving lesson from this man."
Deroy Murdock: "Obama Is The King Of Debt"
