Barack Hussein Obama II ( (listen); born August 4, 1961) is an American politician and attorney who served as the 44th president of the United States from 2009 to 2017. Obama signed many landmark bills into law during his first two years in office. The purchase of an adjacent lot—and sale of part of it to Obama by the wife of developer, campaign donor and friend Tony Rezko—attracted media attention because of Rezko's subsequent indictment and conviction on political corruption charges that were unrelated to Obama.In December 2007, Money Magazine estimated Obama's net worth at $1.3 million (equivalent to $1.6 million in 2019) . Obama and the Congressional Budget Office predicted the 2010 budget deficit would be $1.5 trillion or 10.6% of the nation's gross domestic product (GDP) compared to the 2009 deficit of $1.4 trillion or 9.9% of GDP.
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[{"budget_deficits": "$1.5 trillion", "year": "2010", "year_after_1940": "yes", "less_than_500_billion": "no"}, {"budget_deficits": "$1.4 trillion", "year": "2009", "year_after_1940": "yes", "less_than_500_billion": "no"}]