Fox News Blames Debt Crisis on Obama’s Lavish Lifestyle

According to the O’Reilly Factor’s “No Spin Zone,” the debt ceiling wouldn’t have to be raised if President Obama weren’t living so high on the hog.

“Liberal loons like to pretend that our country is facing an economic crisis because of the wars in Iraq and Afghanistan, or tax cuts for the rich,” said O’Reilly. “Yet somehow Obama continues to collect his $400,000 annual salary and fly around on his private jet like some sort of big shot.”

According to tax returns, O’Reilly made over $20 million in 2010 as a political pundit and author, but John Boehner says that’s beside the point.

“Obama makes 10 times the amount of a school teacher in Wisconsin for Christ’s sake!” balked the Speaker of the House.  “And have you seen the size of his house?”