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Obama Planning to Slash Deficit, Despite Stimulus

Feb. 22, 2009
President Obama will set a goal this week to cut the annual deficit at least in half by the end of his term, according to officials.
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Balanced budget not Obama's first priority

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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
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Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler