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.
Budget and Economic Outlook: Fiscal Years 2011 to 2021. For 2011, CBO projects that if current laws remain unchanged, the federal budget will show a deficit of close to $1.5 trillion, or 9.8 percent of GDP.