Running in the red: How the U.S., on the road to surplus, detoured to massive debt - The Washington Post

Blame it on Bush?

http://www.washingtonpost.com/business/economy/running-in-the-red-how-the-us-on-the-road-to-surplus-detoured-to-massive-debt/2011/04/28/AFFU7rNF_story.html