Cutting deficits---again

There's a story out this evening on President Obama welcoming the idea of nations cutting deficits. Naturally, this will have to include us, the US, cutting ours. The American people are for it. Republicans take this position, as do Libertarians, of course and even most Democrats, publicly and, for some of them, privately, too. But here's the thing--We, the Democrats, did this once, during President Clinton's 2 terms. We cut the deficit and deficits, thank you very much. We had pay/go provisions, everything. The Republicans did away with them during dumb-dumb W's 2 presidential terms. So you know what? Here we go again. For once, the Republicans will have to be FOR something--this cutting of spending and deficits--and not just the "party of no" as they have been for the last 2 years, since this President attained the White House. Won't and wouldn't that be refreshing? Link to story: http://news.yahoo.com/s/ap/20100627/ap_on_bi_ge/obama_8