Today White House chief strategist, David Axelrod, wrote on op-ed for the Washington Post rebuking comments made by Karl Rove this week, in which he said that President Obama's administration has raised the deficit higher in 1 year than in Bush's 8 years in office.  Mr. Axelrod proceeded to point out that the Bush administration, "took over from President Bill Clinton in 2001, America enjoyed a $236 billion budget surplus -- with a projected 10-year surplus of $5.6 trillion. When the Bush administration left office, it handed President Obama a $1.3 trillion deficit -- and projected shortfalls of $8 trillion for the next decade. During eight years in office, the Bush administration passed two major tax cuts skewed to the wealthiest Americans, enacted a costly Medicare prescription-drug benefit and waged two wars, without paying for any of it"

Read the whole piece here.