This upcoming Sunday marks the end of the fiscal year and the fourth straight time that the federal deficit has surpassed $1 trillion—posing a problem for President Obama, who campaigned in 2008 on the promise that he’d bring the federal budget deficit down by half by the end of his first term. Obama’s already tackled the coming criticism head-on by explaining that the deep deficit—which he’s quick to remind he inherited—will, in fact, be cut in half, but a year later than planned. Solving the deficit problem is also the one key issue that, according to polls, voters feel Romney can handle better than Obama.
