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This was a campaign promise President Obama made in 2009, and as of 2012, he has not fulfilled it. However, in fairness, it should be noted that many candidates (and many presidents) have made campaign promises that they were unable to keep, for any of a number of reasons.

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Q: What was the last day that Barack Obama made the promise of having the national debt reduced by half by the end of his first term in office?
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