There will be no spending cuts but O will go down in history as the largest spender in all of history. He's already made Bush look like the stingiest mofo that ever lived.
Boy the Right is stupid, and obviously ignorant of what drives spending that increases more rapidly than inflation and population increase.
So time for a primmer:
Spending goes up organically. Imagine a Social Security card, then when paper and printing prices increase, along with the need for more to be printed. Cost rises.
So, as a rule, 3 or so percent annually is to be expected, if no new pork or spending programs are added. But once they are, they keep on keeping on until Congress de-appropriates them. Bush 43 creates Medicare Part D, with a nice piece of Big Pharma lobbyist payback in the form of guarantees that market forces of supply and demand will not affect their higher prices to Americans than any other citizens on planet Earth. And until Congress eleminates it, it's in the cost of the Executive's spending requirement. Ditto on wars started because Neo Cons thought Bush 41 stopped short of total victory in Desert Storm. Also, Home Land Security which still needs funding as long as Congress continues to appropriate 10s of Billions we know about and untold other monies which are classified.
And to see the effect, merely track percentage increases from year-to-year:
Clinton: about 4% annually
Bush 43: about 8% annually
Obama: about 2% annually (actually a cut, since it's less due to inflation and population)
So if you think Bush 43 was miserly, you're ******* clueless.