It’s a Shame President Bush Dictated the Terms of the Federal Budget the Last Two Years

President Obama, last night: “I suspect that some of those Republican critics have a short memory, because, as I recall, I’m inheriting a $1.3 trillion deficit, annual deficit, from them.”

That’s funny, because as I recall, Congress controls the purse strings of the federal budgeting process, and Democrats have controlled Congress for the past two years.