What horse-shit this is.
"Expected deficits" are cut because Obama, like any good Socialist, wants to snatch a little extra from the Producers in this country---the people who work and save and exercise self-reliance.
This is nothing more than an announcement that Obama means to Raise Taxes on the people who Work in this Country.
Where are the CUTS in irrational Federal Spending all over the country? Where is a Balanced Budget?
And this is assuming that you know the difference between a yearly "deficit" and the national "debt" built up under Obama. He railed at a debt under Bush of 5 trillion; and now he has it at close to 19 trillion.
He claims he can borrow less if you will pay more taxes...but that is a lie. He'll piss it all away...buying votes for Socialists.
Buying votes.
De Toqueville said (in Democracy in America, 1842) that our democracy would last until the Central Government realized it could buy votes with the taxpayer's money....bribe the voters with their own money. That's done, and we have moved into buying votes with money borrowed from our children.
The very last key to finishing off this democracy---which with faults as are attributable to the imperfect human condition; has nevertheless created the greatest society in the history of this orb....is to get enough illegal Mexicans voting in Texas to turn it into a Blue State, like Massachusetts and Connecticut....then its over...the Socialists will have won.
Buy them votes.
With enough time, they will do it; their race is against Bankruptcy....which is nearly inevitable now....only the date is unknown.