The president states there is a caveat with miss projected budget deficit. However, at this point, we can't believe anything he say because the president is full of crap. The idea he can decrease the deficit in half by his term is up is ridiculous. Only a moron would believe in it. You can't spend like a drunken sailor and cut the deficit in half at the same time. Duh?!?!
(USA Today) President Obama's proposed 2013 budget will forecast a $901 billion deficit for next year, falling far short of his goal to halve the deficit in four years.
The budget, an outline of which was released by the White House Friday night, will show a higher deficit this year than in 2011, up from $1.3 trillion to $1.33 trillion.