The 10% President
President Barack Obama, annotated by the Wall Street Journal.
When I came into office, I inherited the biggest deficit in our history. And over the last four years, the deficit has gone up, but 90% of that is as a consequence of two wars that weren't paid for, as a consequence of tax cuts that weren't paid for, a prescription drug plan that was not paid for, and then the worst economic crisis since the Great Depression.Click the link for context.
"Now we took some emergency actions, but that accounts for about 10% of this increase in the deficit, and we have actually seen the federal government grow at a slower pace than at any time since Dwight Eisenhower, in fact, substantially lower than the federal government grew under either Ronald Reagan or George Bush.
Short version: As Mary McCarthy famously said of Lillian Hellman, "every word [he says] is a lie, including 'and' and 'the'."