Obama Feb, 2009
...today I’m pledging to cut the deficit we inherited in half by the end  of my first term in office.
 This will not be easy. It will require us to  make difficult decisions 
and face challenges we’ve long neglected. But I  refuse to leave our 
children with a debt that they cannot repay — and  that means taking 
responsibility right now, in this administration, for  getting our 
spending under control.
   
  
 
 
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