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.
In dollar terms, 2014 was the lowest federal deficit since 2008. And in the category most important to economists â the deficit as a percent of Gross Domestic Product â the 2014 deficit was 2.8 percent of GDP, the smallest since 2007. There are several ways to look at this.