D.C. jams spending pedal to the metal

The NASCAR season is heating up again, but race cars aren't the only things accelerating. So is spending in Washington.

In just two years, President Obama has accumulated $4.2 trillion in debt -- almost nearly as much as his predecessor accrued in his total eight years in the White House -- $4.46 trillion, which included the bulk of funding for the wars in Iraq and Afghanistan.

And any fiscal conservative must admit: Bush was a big spender, incurring nearly as much debt during his administration as his three predecessors -- Bill Clinton, George H.W. Bush and Ronald Reagan combined to spend -- $4.73 trillion. In just two years, the current administration accumulated 30 percent of the total debt going back to the end of World War II.

Wow.

We might need to create a new description of spender, considering how quickly the current occupant of public housing at 1600 Pennsylvania Ave. -- with a little help from his predecessors -- is placing future generations in fiscal danger.