when i took office 3 years ago, my administration was left an annual deficit of $1.3 trillion, or 9.2…

when i took office 3 years ago, my administration was left an annual deficit of $1.3 trillion, or 9.2 percent of gdp, and a projected 10 - year deficit of more than $8 trillion.... together with the deficit reduction i signed into law this past year, this new budget will cut the deficit by $4 trillion. - president barack obama, 2012 budget message of the president what is the purpose of the presidents statement? to show how changes in fiscal policy can affect the economy to show the size of the deficit relative to gdp to show how large the national debt was when he took office to show how he plans to reduce the national debt

when i took office 3 years ago, my administration was left an annual deficit of $1.3 trillion, or 9.2 percent of gdp, and a projected 10 - year deficit of more than $8 trillion.... together with the deficit reduction i signed into law this past year, this new budget will cut the deficit by $4 trillion. - president barack obama, 2012 budget message of the president what is the purpose of the presidents statement? to show how changes in fiscal policy can affect the economy to show the size of the deficit relative to gdp to show how large the national debt was when he took office to show how he plans to reduce the national debt

Answer

Brief Explanations:

The president mentions the initial deficit, the deficit - reduction law, and the new budget's cut to the deficit. He is outlining his plan to reduce the national debt. He doesn't focus on fiscal policy's effect on the economy, just the size relative to GDP, or the initial national debt size as much as his reduction plan.

Answer:

D. to show how he plans to reduce the national debt