The following are quotes taken from a Chris Matthews interview on who's responsible for the current debt crisis. When Bush took office, we had a debt of about $6 trillion. The projections from the CBO were that we were going to run a $6 trillion surplus. By this point, if we had done nothing, we would have paid off the dead debt, but we added about $3 trillion of tax cuts. We lost about $3 trillion of revenue because of the slower economy and added about $6 trillion of spending, largely due to two unfinished wars and a Medicare drug benefits and a lot of other things. So, instead of getting â€” paying off the debtâ€“we ended up with about a $14 trillion debt. I think the dirty secret is that Obama is a moderate conservative. If I were a liberal democrat, I probably would be upset. I think a good chunk of the Republican caucus is either stupid, crazy, ignorant or craven cowards, who are desperately afraid of the tea party people, and rightly so. Who would dare say such a thing? Any guesses?