"Our administration is concerned about deficits, and the way they deal with deficits is you want to control spending. And I hope Congress lives up to their words. When they talk about deficits, they can join us in making sure we don't overspend. They can join us and make sure that the appropriations process is focused on those issues that -- those items that are absolutely necessary to the American people. I'm pleased that members of the Congress are talking about deficits. It means they understand their obligations not to overspend the people's money."
President Bush on January 6, 2003
Link here
He really thinks the American people are not smart enough to remember his words or he doesn't even understand what he says.
At this rate, this country will be bankrupt even before this man is voted out of office next year.