The Obama White House revised up 2009's budget deficit projections to $1.8 trillion Monday, and the press blamed it on George W. Bush.
Without considering how the current budget passed last year with virtually no Republican support, and that all spending associated with this record-breaking deficit was either approved by Senator Obama or signed into law by President Obama, news outlets echoed what Office of Management and Budget director Peter Orszag ascribed as the culprit in his blog:
The deficits in these years, now projected to be 12.9 percent and 8.5 percent of GDP, respectively, are driven in large part by the economic crisis inherited by this Administration.
The New York Times accepted this assessment without question in its article on the subject Tuesday...
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