1. "We're taking steps to reign-in the deficit"... read, "I ran the deficit up by an additional $3Trillion in my first 14 months, now I'm raising the shit out of taxes to pay for it". 2. "Rising costs have cut care for older patients"... read, "My healthcare bill pulls $500B out of Medicare that I don't want wasted on elderly people's care... rather that $500B go to some new entitlement to buy me votes".
Translation: I'm just glad a fellow liberal is in the White House, so I don't care that he's a liar. Besides, I can still poo poo on Bush even though he's no longer relevant.