- FACT: When President Bush took office in 2001, he inherited a $236 billion budget surplus, with a projected 10-year surplus of $5.6 trillion. When he ended his term, he left a $1.3 trillion deficit and a projected 10-year shortfall of $8 trillion. http://www.politifact.com/truth-o-meter/statements/2010/jan/15/david-axelrod/axelrod-claims-bush-saddled-obama-big-deficit/ 123 comments politics
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