(CNN) -- President Obama's address to Congress was full of lofty promises to make unprecedented investments in government programs, even as he aims to cut the deficit in half by the end of his first term.



President Obama on Tuesday outlined an ambitious agenda to help revive the economy.



But it takes more than a proposal to bring about real change. Will Obama be able to meet his goals?



CNN political analyst David Gergen says the answer will be "one of the greatest political dramas of our time."



White House Press Secretary Robert Gibbs says the budget Obama sends to Capitol Hill Thursday will help show how the president plans to tackle his ambitious agenda.



Here's a look at some of Obama's goals, and what experts are saying about them.



Economy



Promise: "To ensure that a crisis of this magnitude never happens again, I ask Congress to move quickly on legislation that will finally reform our outdated regulatory system."



Promise: "I held a fiscal summit where I pledged to cut the deficit in half by the end of my first term in office."



Promise: "My administration has also begun to go line by line through the federal budget in order to eliminate wasteful and ineffective programs. As you can imagine, this is a process that will take some time, but we have already identified $2 trillion in savings over the next decade."



Analysis: Democratic strategist Lisa Caputo said so far, Obama is taking the right steps to revive the economy, but the country needs to see his plans put into action. He's already passed a massive stimulus bill, and he has a housing bill and a banking regulatory reform bill in the works.



"He's doing all the right things. Hopefully he'll come forth with a balanced budget. ... He's saying all of the right things. He's got to do them," she said.



Republican strategist and CNN contributor Ed Rollins pointed out that what Obama did was put forth proposals, not an action plan.



"This was a speech about aspirations. There was not a strategy or the details. They may come later, but it's an overly ambitious program, and if he can accomplish just the financial part of it, he'll move the country forward," he said.



The success of Obama's budget goals will fall heavily on Speaker of the House Nancy Pelosi, Rollins said.



"Can she control her members? The last two years the Congress has controlled the spending, it's been a Democrat Congress. It's still a Democrat Congress and will be for the foreseeable future. There's a lot of pet projects these people want, there's a lot of entitlements that people aren't willing to cut," he said.



Larry Winget, a personal finance expert, said he agrees with everything that Obama said needs to be done, but said he doesn't agree that the country can borrow or spend its way out of debt.



"If you came to me and said, 'I'm in a financial crisis, I've screwed up everything based on all of my bad decisions, what should I do?' the last thing in the world I would tell you is to go borrow more money or go try to spend something that -- money you don't have on something you don't need," he said.



Winget said instead, the country should work its way out of debt.



"The practical thing would be to put more money in the hands of people, which would always go back to, we need to give bigger ... tax cuts," he said.



Education



Promise: "By 2020, America will once again have the highest proportion of college graduates in the world. That is a goal we can meet."



Promise: "It will be the goal of this administration to ensure that every child has access to a complete and competitive education, from the day they are born to the day they begin a career. That is a promise we have to make to the children of America.
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Promise: "My administration has also begun to go line by line through the federal budget in order to eliminate wasteful and ineffective programs. As you can imagine, this is a process that will take some time, but we have already identified $2 trillion in savings over the next decade." by the end of his first term. Obama's the end of his first term. President
question: What goals did the president set?, answer: Promise: "My administration has also begun to go line by line through the federal budget in order to eliminate wasteful and ineffective programs. As you can imagine, this is a process that will take some time, but we have already identified $2 trillion in savings over the next decade." | question: When did Obama promise the deficit would be halved?, answer: by the end of his first term. | question: who set high goals for economy, energy, education and health care?, answer: Obama's | question: By when did Obama promise a deficit cut?, answer: the end of his first term. | question: who promises to halve the deficit by 2013?, answer: President