The debate over whether to increase the debt ceiling has included relentless assertions as to who is responsible for the nation’s debt having skyrocketed to its present state. The media has utterly failed in presenting the issue objectively. So here it is (pdf) from the non-partisan Congressional Budget Office:
The Republicans have increased the national debt far more than Democrats in the last five administrations, including that of the sainted Ronald Reagan. If the Tea Party were to honestly observe the reality of the nation’s economic history they would all be voting Democratic. Unfortunately, the Tea Party is a wholly owned subsidiary of the the Republican Party and Americans for Prosperity and is unlikely to alter their support for the GOP. However, that shouldn’t stop the press from accurately reporting the truth about the debt.