Between Hope and History: on Budget & Economy

Cut the deficit to lower interest rates

Well, three and a half years later, we cut the deficit by more than half. In fact, we would have a budget surplus today but for the interest we pay on the debt run up in the twelve years before I took office.

Cutting the deficit further until we balance the budget is vital to our future. The burden of this deficit drags us down today and jeopardizes our children’s future tomorrow. Lowering it brings interest rates down so more Americans can buy homes and cars, start businesses, go to college, and build a better future for themselves and their families.