And I still believe that we can finish the job with a balanced mix of spending cuts and more tax reform.

WHITEHOUSE: President Obama on the Need for a Balanced Approach to Deficit Reduction | The White House

It is just as stunning now as it was then - high wooded hills plunging down to the lakeside and a castle perched atop a hill near the start, balanced by a church on an island near the finish.

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Now, I think this balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction.

WHITEHOUSE: President Obama on the Need for a Balanced Approach to Deficit Reduction | The White House

"I think this balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction, " the President said.

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This budget would finish the job by reaching balance in 1999 -- three years ahead of schedule -- and generate balanced budgets far into the future.

WHITEHOUSE: Franklin D. Raines Testimony to House Budget Committee, 02/03/1998 | The White House