$483 billion just $483 billion deficit is shrinking deficit is shrinking deficit is shrinking Under Obama the deficit has dropped dramatically just $483 billion just $483 billion growth in the US budget deficit Under Obama the deficit has dropped dramatically Under Obama the deficit has dropped dramatically in the years since 2008 deficit is shrinking Under Obama the deficit has dropped dramatically Under Obama the deficit has dropped dramatically deficit is shrinking federal deficit deficit is shrinking deficit is shrinking Under Obama the deficit has dropped dramatically deficit is shrinking just $483 billion