As calculated by the CBO. The single largest cause of the deficit, year in and year out, will be the Bush tax cuts, which currently comprise over 30% of the deficit, and by 2019 will comprise over half. The second largest is the economic downturn, wholly attributable to W. Bush. Obama must take the blame for the continuing cost of the Bush wars, which have so far cost at least $4 trillion and may wind up as high as $10-11 trillion. He should have ordered the troops home by the end of his sixth month in office.
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