Apr 11, 2013 ... Obama, April 10: My budget will reduce our deficits by nearly another $2 trillion,  so that all told we will have surpassed the goal of $4 trillion in deficit reduction ...  Obama, April 10: Over the past two years, I've signed legislation that will reduce  our deficits by more than $2.5 trillion — more than two-thirds of it ...
Feb 19, 2013 ... “Over the last few years both parties have worked together to reduce our deficits  by more than $2.5 trillion,” Obama said in a speech at the White House in ... on  the top one percent, it puts us more than half way to the goal of $4 trillion in deficit  reduction that economists say we need to stabilize our finances.
Sep 17, 2015 ... President Obama 2/19/13: “Over the last few years, both parties have worked  together to reduce our deficits by more than $2.5 trillion. More than two-thirds of  that was through some pretty tough spending cuts.” (President Obama, “Remarks  by the President on the Sequester,” The White House, 2/19/13).
Feb 28, 2013 ... [3] We calculate that changes in the economic outlook since the summer of 2008  account for over $400 billion of the deficit in both 2009 and 2010 and smaller  amounts in later years. We estimate that the downturn has pushed up deficits by  $2.5 trillion (including the associated interest costs) over the ...
Feb 24, 2014 ... Over the last few years, both parties have worked together to reduce private  sector income by more than $2.5 trillion -- mostly through spending cuts, but also  by ... For three consecutive years during the war, joblessness was below 2%, and  yet we continued to run huge deficits to finance the war effort.
In the last two years, we have reduced the deficit by $2.5 trillion.