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Bush Administration Put "Wars on a Credit Card:" Biden
The vice president spoke in Fort Myers Saturday
Saturday, Sep 29, 2012 | Updated 2:50 PM EDT
NBC6.com
Joe Biden
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Vice President Joe Biden was in Fort Myers Saturday and told a crowd of more than 2,000 that he and President Barack Obama had been on the job less than a week when a top economic adviser told them the country was facing a trillion-dollar budget deficit.
Biden says that Obama replied, "But I haven't done anything yet."
Biden blames the deficit on the previous Bush administration, adding that it "put two wars on a credit card" and gave tax cuts to the wealthy after inheriting a balanced budget and revenue surplus from the Clinton administration.
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Biden hammered GOP presidential candidate Mitt Romney for comments on a leaked video in which Romney describes 47 percent of Americans as paying no federal income tax and believing "they are victims."
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