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Obama blames GOP for increasing debt

(Mark Kegans / GETTY IMAGES)

David Nakamura

President Obama struck back Thursday against criticism from rival Mitt Romney over the spiraling national debt, arguing that his administration has allowed federal spending to grow at the slowest rate in six decades.

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Vice President Joe Biden looks out the window as President Barack Obama talks on the phone with House Speaker John Boehner in the Oval Office to discuss ongoing efforts in the debt limit and deficit reduction talks, Sunday, July 31, 2011. (Official White House Photo by Pete Souza) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House.

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