Obama Cuts Budget Deficit by $138 Billion


Now, the annual budget deficit will hit $1.35 trillion dollars in 2010, down from $1.4 trillion in 2009. Out of that colossal total, Obama’s healthcare bill will cut a mere $138 billion over 10 years.

$138 billion over 10 years implies cutting the deficit by $13.8 billion per year. That’s like saving 1 cent for every dollar spent.

That will surely save the federal government from bankruptcy.