Obama Still Blaming Bush: 'Republicans Left Me With The Check For A Steak Dinner'

Alicia Powe | June 13, 2012
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At a fundraiser in Baltimore Tuesday President Obama said the debt and deficit he inherited is "baked in" structurally.

"I inherited a trillion-dollar deficit. We had a surplus, they turned it into a deficit, built it into a structural deficit that lasts for decades, " said President Obama.

"All of this stuff is baked in, with all the interest payments for it, it's like somebody goes to the restaurant, orders a big steak dinner, martini, all that stuff and then just as you're sitting down, they leave and accuse you of running up the tab," he said. "That's what they do."