Republicans Voted for Debt They Blame on Obama
www.bloomberg.com/news/2011-07-26/repub ... -voted-f...
Speaker Joehn Boenner, House Majority Leader Eric Cantor, House Budget Chairman Paul Ryan and Senate Minority Leader Mitch McConnell all voted for major drivers of the nation’s debt during the past decade: Wars in Afghanistan and Iraq, the 2001 and 2003 Bush tax cuts and Medicare prescription drug benefits.
They also voted for the Troubled Asset Relief Program, or TARP, that rescued financial institutions and the auto industry. Together, a Bloomberg News analysis shows, these initiatives added $3.4 trillion to the nation’s accumulated debt and to its current annual budget deficit of $1.5 trillion.
Both parties are attempting to claim a mantle of fiscal responsibility, both bear some of the blame. Many Democrats contributed to the expenses that are forcing lawmakers to boost the nation’s debt limit, as have Republican leaders.
But it is the Republicans who are lying and blaming the president for a mess they had a big role in making.
GEE ISNT BLOOMBERG A REPUBLICAN?