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.
The United States, the world's largest economy, accounts for approximately 25 percent of Nominal world GDP, and the seven largest economies (amalgamating the European Union economies as one) account for 75 percent of the total. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year.