Obama's Debt Is Bad According To The Congressional Budget Office

Personally, I'd call it a train wreck, but to each his own.

From the Washington Examiner;

The 2011 Long-Term Budget Outlook, released Wednesday morning, reports that the “the combination of automatic budgetary responses” and Obama’s stimulus “had a profound impact on the federal budget.” According to CBO projections, before Obama’s stimulus became law, federal debt equaled 36 percent of GDP and was projected to decline slightly over the next few years. Instead, thanks in large part to the stimulus, debt reached 62 percent of GDP by 2010.

Ouch.  Sounds like President Bush may have been doing something else right.