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 fiscal deficit rose to 6.2% of GDP in 2008â09 against the target of 3% set by the Act for 2008â09. However, IMF estimated fiscal deficit to be 8% after accounting for oil bonds and other off budget expenses.