So says the Congressional Budget Office (h/t – Wall St. Journal):
As for the deficit, CBO shows that over the first three years of the Obama Presidency, 2009-2011, the federal government will borrow an estimated $3.7 trillion. That is more than the entire accumulated national debt for the first 225 years of U.S. history.
And how does our President define leadership on this and every other issue? By blaming Bush of course.