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  • Obama: I Promise To Cut The Deficit In Half By 2013

    06/27/2010 5:23:26 PM PDT · by blam · 101 replies
    The Business Insider ^ | 6-27-2010 | Henry Blodget
    Obama: I Promise To Cut The Deficit In Half By 2013 Henry Blodget Jun. 27, 2010, 8:10 PM According to the AP, President Obama just promised to cut the US deficit in half as a percentage of GDP by 2013. That would certainly be a start. So can we get Congress to commit to that? If so, we'd be a lot more supportive of additional near-term stimulus spending (which, otherwise, we think will just become long-term structural overspending). Obama also said a lot of other stuff: By DARLENE SUPERVILLE and TOM RAUM, Associated Press Writers TORONTO (AP) — President Barack...