The Obama administration has never even had a budget.<quoted text> Just like with the George W Bush Administration , the Obama Administration budget can only be funded in two ways by either borrowing from foreign countries like Bush did with Communist China or raise the Government revenue stream with taxes and balancing our huge trade imbalances by placing import tariffs and heavy fines and penalties on U S Corporations that off-shore capital and labor. We import more in finished goods ( mostly from China and India thanks to Clinton and George W Bush granting China and India most favored nation status) than we export in raw materials like coal, and oil ).
The debt will increase perpetually at 8 percent every year with no plan for that to ever end.
The economy is growing at only 2 percent, and most of that is growth in government, which is an expense on the economy and the reason the debt will increase at 8 percent every year.
The government is certain to collapse under this plan.
Coincidentally, while the Republicans controlled all the purse strings of government, the public debt increased only 3.5 trillion dollars during a war. Since, the Democrats have controlled the purse strings of government and have doubled that debt to the 17 trillion it is today.
You obviously don't know how the government funds itself. Here is a link to a document that explains it in detail:
Please use this description of how the government is funded so you don't appear so ignorant when you make statements like the president borrows the money.