Our federal government must balance its budget. During his three years in office, President Obama has led America in the opposite direction. He's shunned fiscal responsibility for exploding deficits and placed our country on the treacherous path down which nations like Greece and Italy are traveling today. The President has allowed spending to explode on his watch, from a historical average of about 19% of GDP up to 25% of GDP. While no other president had ever run a $1 trillion deficit, he will run one every year of his administration.