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Posts:
8,635
Registered:
3/9/03
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(1 of 5)
When exactly is Obama going to cut the deficit in half like he promised
Nov 6, 2009 12:38 PM
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President Barack Obama's pledge to cut deficit in half a huge challenge
Experts say numbers defy halving shortfall by end of his term
Washington Bureau
February 26, 2009
WASHINGTON — As President Barack Obama presents his first budget Thursday, the most daunting goal he sets may not be the ambitious proposals for economic recovery, health-care reform or revamping the nation's energy policy. Big as those challenges are, they may be child's play compared to his promise to slash the federal budget deficit in half by the end of his term.
Two problems already are apparent if he is to cut the $1.3 trillion deficit to $533 billion. First, many of the methods he says he will use have often fallen short in the past—cutting waste, imposing new budget rules, curbing defense outlays and raising taxes on the affluent.
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Posts:
2,720
Registered:
9/11/04
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(2 of 5)
Re: When exactly is Obama going to cut the deficit in half like he promised
Nov 7, 2009 4:54 PM
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He'll cut it in half... after he first quadruples it.
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You can fool some of the people all of the time, and all of the people some of the time, but a presidential candidate only has to fool most of the people once. Are you one of them?
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Posts:
6,652
From:
California
Registered:
5/7/06
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(3 of 5)
Re: When exactly is Obama going to cut the deficit in half like he promised
Nov 7, 2009 5:07 PM
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February 26?
Anyway, wasn't it Bush whose final budget was a record $1.4 trillion who promised to cut the deficit in half? And Bush promised half of $400b. Obama, apparently, is only working for half of $1.4 trillion.
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Posts:
5,814
From:
Maryland
Registered:
12/23/06
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(4 of 5)
Re: When exactly is Obama going to cut the deficit in half like he promised
Nov 7, 2009 5:40 PM
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As soon as he puts on those ruby red shoes, clicks his heels and says: "Cut the deficit in half...cut the deficit in half....cut the deficit in half."
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The above post may or may not have partisan-based comments. If you don't like them, too bad. This is America. I have a RIGHT to my opinion and to express it. Anyway, you have a nice day, sunshine.
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Posts:
6,652
From:
California
Registered:
5/7/06
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(5 of 5)
Re: When exactly is Obama going to cut the deficit in half like he promised
Nov 7, 2009 5:42 PM
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Warning, warning! Logic too strong! Deflect, deflect!
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