Deficit figures

$1.75 trillion. Keep in mind that this is the same administration that convened a fiscal responsibility summit earlier this week.

The Club for Growth offers some perspective:

It is:

• more than all taxes and other receipts collected by the federal government from 1789 through 1965.
• essentially equal to all the taxes collected by the federal government in 2003.
• more than all the deficits incurred from 1789 to 1985.
• more than all the spending of all 50 state governments.

To balance such a budget, income tax collections would have to be 65% higher.

Words fail me. Keep in mind that the first one trillion dollar budget wasn't passed until the 1980s.

Update: And that's why they call them tax and spend liberals.