[bulldog149]

Guess what. The budget was balanced and had surplus before Clinton left and Obama asked and Congress approved pay as you go budget rules starting next fiscal year. Of course deficit is high in dollar terms,it has been much higher in percentage terms but due to economic meltdwon economists across political spectrum said spending was necessary or in fact deficit would be higher.
.Plus current health care debate. Reform drastically lowers deficit over next decade and lot more after that. And a lot of spening on bailouts etc. started under Bush though necessary too. But Obama is rightly focusing on deficit after economy straightens out.