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I thought of one right away: George W. Bush!

AnswerDon't forget George H.W. Bush, Ronald Reagan and Herbert Hoover.

George W. Bush came into office following consecutive years of budget surpluses. However, he decided to spend away these surpluses, declining to veto many of the most gregarious spending bills, passing large tax cuts, and bringing the US into two costly wars. His adamant refusal to either retract the tax cuts or stop spending led the US into its greatest deficits in history.

George H. W. Bush was not as fiscally irresponsible as his son, though deficits under Bush did increase to nearly $290 billion. Despite his plan to have "No new taxes," eventually the fiscal realities forced him to implement a tax increase, a key contributor to his 1992 defeat to Bill Clinton.

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