This is primarily the fault of the left. They spend in utterly massive irresponsible ways and borrow and print the money to do so, never even bothering to pretend they give a damn about a "budget."
The sequestration notion came from the President's "team" as Carney admitted (unless the President's press secretary spoke without knowing what he was blabbering about which seems unlikely since Obama never corrected him for it). It is certainly true that Boehner and the GOP majority of Congress went along with it. So they are ALSO somewhat responsible.
But the lion's share of blame goes to the liberal Democrats. They don't even BOTHER passing budgets. We spend TRILLIONs and they quibble and *****, moan and groan about cutting maybe a few dozen billion. They fool nobody.
It would be a good START (if only a small one ) to just let the sequester happen.
Okay..I will take you to task:
The Bush administration spent lots o' Cash on:
1. Missile Defense Program.
2. Joint Strike Fighter.
3. Department of Homeland Security.
4. The Invasion of Afghanistan.
5. The Invasion of Iraq.
6. The Medicare Prescription Drug Benefit.
7. The Bush Tax Cut Part 1.
8. The Bush Tax Cut Part 2.
9. No Child Left Behind.
10. Troubled Assets Relief Program.
Those and others added around 4 trillion dollars to America's debt. That's a pretty conservative estimate, since there's no real way to audit alot of the Bush initiatives. Like cutting interest rates to zero. By most estimates, Obama's spending as added about 1 trillion dollars to America's debt.
But heck..if you can think of things he spent money on..
Feel free.
List away.