Barack Obama actually said...

"Government has to start living within its means, just like families do."

"I ran for President because I believed in an America where ordinary folks could get ahead."

"We have to cut the spending we can't afford so we can put the economy on a sounder footing and give our businesses the confidence they need to grow and create jobs."

"That means looking at every program and tax break in the budget--every single one--to find places to cut waste and save money."