EXCLUSIVE: Greg Palast | The Deficit Is Not Default of Obama
Greg Palast, Truthout: "Let's talk about how we ended up in this pickle, bucking up against the 'debt ceiling.' From 2001 to 2008, a Republican president took an annual surplus of $86 billion left for him by Bill Clinton and ran up the budget deficit to over half a trillion in a year ($642 billion in 2008). Altogether, George W. Bush blew up the national debt by over $3 TRILLION - then left the bills to Barack Obama."
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