Today President Obama announced the budget for 2011.
http://video.foxnews.com/v/3996824/president-remarks-on-2011-budget?test=latestnews
He announced that 10 years ago we were in a budget surplus. He stated that we didn't pay for the two wars we have been in. He then announced what other stuff he was going to do, as in the video.
My Opinion: I don't think he is going to cut the deficit by adding $1.3 trillion to our deficit. That simply doesn't work. Hopefully he can cut the deficit, but in my book, spending more money doesn't get one out of debt. For further information that follows some of my opinions check out this: http://www.foxnews.com/politics/2010/01/31/obama-offers-budget-deficits-far-number-crunchers/?test=latestnews
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