When President Obama unveiled his budget on Monday, it became clear that he would break his pledge to cut the deficit in half in his first term in office. But the White House website is still prominently touting the promise.
When visitors to the White House website click on “Fiscal Responsibility” under the “Issues” section, they are directed to a page that includes the following:
Cut the deficit in half by the end of the President’s first term. On January 20, 2009, the President inherited a $1.3 trillion budget deficit. The President has put forth a budget that will halve this deficit by the end of his first term, bring non-defense discretionary spending to its lowest level as a share of GDP since 1962.
Though that would mean cutting the deficit to $650 billion, Obama’s budget projects deficits of $1.3 trillion in fiscal year 2012 (ending this September) and $901 billion for fiscal year 2013. Non-defense discretionary spending is not at the lowest level since 1962, either (more like 2008 or 2001, depending on whether you’re comparing it to this year or next).