1. Declines in the rate of growth of health care and the decline of their actual cost are largely the reasons for the rapid rate of decline in the deficit. Medicare and Medicaid are some of the largest government programs and if the growth rate of their costs is decreasing, the budget deficit is decreasing on a large scale.
2. The President's proposed budget would continually decrease budget deficits every year. Soon that deficit is projected to fall under the deficit baseline of 3.4% and into a healthier 1.6%. With this dramatic decrease in the deficit, to allows for money to be spent on other issues to promote progress.
3. The President's budget is going to place money in areas where he personally thinks the economy will be affected in the best way, while still compromising and using Congress' efforts to try and allocate the spending. Obama is going to use the Opportunity, Growth, and Security Initiative in which he tries to invest money money in areas that need it the most and that achieves the goals of this initiative, such as investing money in 35 different promise zones, or zones that are economically challenged, further shrinking economic disability for people, something that has support from each party. All these initiative investments, including others as well, would lead to a total of $56 billion in investments and allowing most of it to go to defense, something not normal for Democratic ideology. This further displays how Obama is willing to still invest money in economic and social problems while, at the same time, is compromising with Congress' wants in allocating discretionary spending.
4. The President's budget proposal is projected to decrease the budget deficit by an outstanding amount. However, not everyone is going to benefit. This could mean that, in order to benefit one group, taxes will be raised on another. Healthcare programs will also suffer a bit due to half of discretionary investments being spent on defense. Although the proposal does has its cons in some areas, there are pros. The emphasis and target on education and reducing economic disabilities for some groups, while managing to stay under the budget deficit baseline, I think, makes this budget proposal a good one.