“It’s a good thing President Obama and the Democratic Congress just agreed to raise the federal debt limit by nearly $2 trillion — they’re going to need every penny of it.
And fast. Last year, Obama swept into office promising to make tough choices — and then released a budget proposing the largest debt-and-spending spree in American history. This year, he’s at it again: Over 2010-2019, his new plan boosts spending another $1.7 trillion and the deficit by $2 trillion over what he proposed last year.”