Just for laughs

Just for laughs....here's a 2013 deficit projection from 2009....expect to hear more of the same about the end of the second term

OBAMA, BREAKING 'FROM A TROUBLED PAST,' SEEKS BUDGET TO RESHAPE U.S. PRIORITIES - NY Times
By the last year of his term, in the 2013 fiscal year, Mr. Obama projects a deficit of $533 billion, or 3 percent of the overall economy, a level that economists consider sustainable. Even so, he foresees the level of the nation’s debt held by the public rising from 58.7 percent in the current year to 67.2 percent in a decade, a level not seen since 1951.

The current 2013 budget description....
Budget Overview | The White House
Including the $1 trillion in discretionary cuts, the Budget includes more than
$4 trillion in balanced, deficit reduction so that, by 2018, we cut the deficit to less than 3 percent of GDP, stabilize the debt-to-GDP ratio, and achieve primary balance.