Obama reduced annual deficit spending? How did he do that when not one penny can be spent or reduced from the budget by any president without going through the congress first? It was the republicans in control of the house that have reduced the deficits, not Obama. By the way, from FY2004 through FY2007, the annual deficits went from 466 billion to 166 billion. Then the democrats controlled the house for FY2008, in which the deficit went up to 464 billion. That was while paying for two wars. Facts are a real downer for liberal fairy tales.