Bush policies account for $7T: Washington Post
(NEWSER) - The United States started 2001 with a cozy nest egg of more than $2 trillion, and now the country owes about $10 trillion—but who's to blame? Put simply, Obama-era policies account for $1.7 trillion of the debt, and Bush policies for over $7 trillion, the Washington Post reports in an economic breakdown of the past 10 years. As the Post has it, America's biggest challenge entering the 21st century was figuring out how to spend its Clinton-era surplus—and Bush decided to throw most of it at tax cuts. More»