Spending for 2013 will be 23% of GDP up from 20% historical levels, and revenues will be 18% creating a 5% of GDP deficit to be funded with increased debt.

FORBES: The Spending Must Stop

He has promised that the health care plan he supports will increase access to health services and improve their quality, but simultaneously will not increase the size of the federal deficit or be funded with tax hikes - and this is impossible.

CENTERFORSECURITYPOLICY: An enfeebled Obama

In effect, almost all the British government's budget deficit this year has been funded by the Bank of England.

ECONOMIST: The dilemmas facing policymakers