Obama in February 2009.
Via National Review:
But, as you undoubtedly know, Obama hasn’t even come close to cutting the deficit in any significant way in any year of his presidency:
Fiscal 2009 budget deficit (technically the last year under Bush):$1.41 trillion.
2010 budget deficit: $1.3 trillion.
2011 budget deficit: $1.3 trillion.
2012 budget deficit projection in Obama’s numbers today: $1.33 trillion.