It's Your Money. He Just Spends It

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The president has vowed to cut the deficit in half by the end of his term, and his budget plan shows that happening. But getting there means leaving out some big-ticket items likely to come up

White House's deficit projection for 2010 -- 1.3% of DGP ($207 billion)

2010 projection, adding items not in the budget -- Operations in Iraq; war on terrorism/Alternative Minimum Tax reform/Social Security private accounts -- 2.4% ($385 billion)

Sources: Office of Management and Budget; Congressional Budget Office; Social Security Administration; Center for Budget and Policy Priorities