I know you all know that $500B is half a trillion. I simply enjoy using a T after dollar signs is all.
So the President's 10-year budget is going to cut the deficit by more than half by 2013. And yet it will still be half a trillion $s!!.
Increasing taxes on those who make more than $250K a year and winding down the war in Iraq contribute the most to reducing the deficit. Let's hope the Afghanistan mission does not devolve into a destroy the Taliban mission.