After Obama took office, he also paid for the wars by borrowing. What's more, the recession has increased deficit spending on programs that automatically ramp up during an economic downturn, such as food stamps and Medicaid. Borrowing also was required for the stimulus package.
As he winds down the wars, Obama is not exactly cutting up the credit card. In his State of the Union speech, he proposed using half of the money that would have gone to pay for the wars on a massive infrastructure plan.
Associated Press writers Jim Kuhnhenn and Christopher S. Rugaber contributed to this report.
EDITOR'S NOTE _ An occasional look at statements by political candidates and how well they adhere to the facts.
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