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Obama fights claims he's run up federal deficit

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  • Description

    President takes aim at Romney in Iowa

  • Duration 3:08
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This transcript is automatically generated

Campaign rhetoric can oftentimes be nasty but it's not always as gross as it was today.

Chief White House correspondent Ed Henry looks at let's call it mud -- At a campaign stop in Iowa President Obama tried a barnyard reference.

To describe Republican Mitt Romney's claims he's running up the deficit.

-- -- -- You know -- speech was more like I.

The problem is the president has run up the deficit and that -- Could be used to describe the president's week well I think he has stepped out a couple of times it's very interesting to see fellow Democrats say you know -- -- not sure sure it's a good idea for the president and the head of the Democratic Party.

To be seen ads attacking free enterprise it started with Newark mayor Cory Booker searing critique of the attacks on being capital -- kind of stuff.

North needing to meet the Republican National Committee notes at fourteen Democrats have raised doubts.

And now Democrat -- by the vast majority of people -- -- we are good honest people makes fifteen what voters are looking for is not -- kind of stuff.

It's who can take us to a better place was the plans moving forward.

To restore confidence to create jobs a top campaign aide tells fox -- full steam ahead on the strategy.

-- -- the hard hitting ad about baby shutting down a steel plant is getting so much traction they twice expanded the ad buy in Iowa if the main basis.

For him suggesting they can do a better job.

Is his track record than both.

The upsides and downsides are worth examining also getting close examination the president's claims he has not sharply increased spending.

-- spokesman Jay Carney warning reporters.

Do not buying into the BS that you hear about spending and fiscal restraint with regard to this administration the Washington Post today gave -- three put no PO is saying spending as a percentage of the economy.

Has hit highs not seen since the end of World War II.

The latest Fox News poll shows the president's overall job approval is up four points -- last month.

-- asked about his performance on the deficit only 36% approve 59%.

Disapprove showing he has real vulnerability.

On the debt issue.

Ed thank you.

As Ed just mentioned that debate is raging over whether President Obama as the administration claims.

Has kept federal spending rising at the slowest pace since president Eisenhower or whether he's presided over spending binge.

As critics claim.

This chart shows spending per day.

From President Reagan.

To President Obama as you can see president Obama's spending per day is the highest and another chart here it's the percentage of GDP gross domestic product.

Of the current deficit.

As compared to others.

The government ways -- about.

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