Posted by: The Elephant Owner in Congress,Debt on June 2nd, 2011

This is wildly off the mark…even for a factually-challenged Democrats. Steny Hoyer claimed (on MSNBC of course) that:

We went from a $5.6 trillion surplus that George Bush inherited to over a $11-plus trillion debt when George Bush left office.

George Bush inherited a $5.8 trillion debt and a recession.
Federal Debt for last 10 years
But Hoyer was almost right. He used a “5″ in his claim. That’s could enough for his supporters to yell…Yea! The debt is all George Bush’s fault!
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