As fracking expands domestic oil and gas production, it likely will reduce U.S. demand for energy imports and shrink our trade deficit.

FORBES: How Fracking Can Reduce the Budget Deficit

Economist Peter Morici, for example, suggests dynamic job growth will be sparked by increasing domestic oil production, tackling the trade imbalance with China, relaxing regulations for big businesses and curbing health care mandates.

CNN: Promise of the American Dream is broken