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Old 07-08-2015, 04:11 PM
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Barack Obama claims deficit has decreased by two-thirds since taking office | PolitiFact

President Obama claims the deficit has decreased by two thirds since 2009. He made this claim in his state of the union speech on Jan 20, 2015. Politifact rates this claim as mostly true.

Look at the charts contained in the article.
There has not been a surplus since Eisenhower. Check out the climbing national debt. When they claim they are reducing the deficit, they are referring to the BUDGET deficit. That means that they are reducing the amount OVER the budget that they spend. Unfortunately, since Obama never had a budget, he can say anything he wishes.
Clinton did NOT have a budget. Go to Treasurydirect.gov and look at the stats. He signed a budget for Bush's first year that was unrealistic. There was no pay down of the national debt, therefore no reduced debt.