$8.4 trillion? Barack Obama has only been in office for a little over a month!

"The Obama budget claims to cut the deficit in half by 2012, but relies on audaciously optimistic economic forecasts that no one believes in. Adding the 'stimulus' bill to a realistic budget baseline yields a projected 2010-2017 cumulative budget deficit of $8.4 trillion – 2.5 times the size of President Bush’s deficits over the same eight-year period." The Heritage Foundation