1 A resolution censuring the President is not contemplated by the rules of the House. 2  This means it has no inherent privilege; it is not a question of the privileges of the House, nor is it a matter of personal privilege. 3  Thus, there is no framework for considering it.
The data shows that for fiscal year 2009, the deficit as a percentage of GDP was 9.8 percent, while the projected percentage for fiscal year 2014 is 3.7 percent. But the timing of the Office of Management and Budget figures donât coincide with Obama taking office.
Barack Obama says deficit fell from 10 percent of GDP to 3 percent on his watch. By Louis Jacobson on Monday, October 6th, 2014 at 3:49 p.m. President Barack Obama addressed the economy in a speech at Northwestern University in Evanston, Ill., on Oct. 2, 2014. We checked one of his claims.