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Sep 01, Obama says he has cut national deficit in half. InPolitiFact twice rated True claims that President Barack Obama failed to keep a promise to cut.

Mar 04, Here’s what Obama said at the meeting on Feb. 23,"Today I'm pledging to cut the deficit we inherited by half by the end of my first term in office," Obama said."Now, this will not be.

Of the 20 veterans who take their lives each day, about 14 had not been connected to VA care.

Before Obama, America had never witnessed a deficit of 1 trillion or more. Since Obama, America suffered four consecutive years in excess of that amount. His deficit reachedtrillion, his number hittrillion and the shortfall wastrillion. The just-completed fiscal deficit came in atbillion. Thus, the halved deficit over which Obama brags is. May 03, That makes the deficit by year less than what's added to the debt by year. For example,trillion was added to the national debt under President Obama.

16 But his total budget deficits totaledtrillion. 6. Similarly, President Bush's stated budget deficits totaledtrillion. But Bush addedtrillion to the debt. Oct 19, Fact-Check: No, President Barack Obama Did Not Cut the Deficit by Two-Thirds. Fact-Check: Yes, Most of the Economic Gains Under Barack Obama ‘Have Gone to the Very. During the third presidential debate, Hillary Clinton praised President Obama’s economic performance, adding: “He has cut the deficit by two-thirds.”.Estimated Reading Time: 1 min.

Download this stock image: U.S. President Barack Obama listens to a question at the Fiscal Responsibility Summit at the White House in Washington February 23, President Obama pledged on Monday to cut the ballooning U.S.

budget deficit by half in the next four years and said the country would face another economic crisis if it did not address its debt problems soon.