Wont work, Michael.
The President does not want a solution to the deficit. The current ruinous trajectory is part of his plan to humble the US and make of us just one more mediocrity in the "community of nations". Without us as a superpower it will lead to an international government, possibly through the UN. Our lives will be much less prosperous and comfortable, but it will be our just deserts to atone for our racist and colonialist past.
See Dinesh D'Souza's "2016" or Mark Steyn's "After America". They get it.