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"[Bubba] Bush blames the 2001 recession and the costs of the aftermath of the Sept. 11 attacks and the war on terror for the increase in red ink.

But Democrats say his tax cuts are responsible for squandering the surplus he inherited into a deficit they say threatens the future of Social Security and the Medicare health care program for the elderly.

'Only George W. Bush could celebrate over a record budget deficit of $422 billion,' Kerry said in a statement on Tuesday.
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CBO also forecasts that the federal government will reach its $7.384 trillion debt limit in October. The U.S. Treasury has asked Congress to raise the borrowing ceiling for the third time in three years, a sensitive vote Republicans would like to avoid ahead of the election."

Now, the question one could ask is: are the US voters keeping track of the economy? If yes, then they'll want a Clinton back in the office.