The Federal government knowingly and purposefully walked guns into the hands of Mexican drug cartels as part of a scheme to uncover and bust the cartels. Later the guns we sent over were used to kill our own border patrol agents, and now the administration is in full lie mode. Glenn had more on radio in the clip above.
Lie 1: Fast and Furious started under the Obama administration and didn't start in Washington DC but in the field. President Obama: First of all, I think it's important for us to understand that the Fast and Furious program was a field‑initiated program begun under the previous administration.
More damning audio and quotes can be found in the clip at the top of this page.