In 2008, Barack Obama promised to cut federal spending, cut wasteful programs, reform Medicare and Social Security, and create "5 million new jobs" in a "new energy economy." At Buzzfeed, Andrew Kaczynski has four videos of Obama making those promises at the town hall debate in 2008. Here, for instance, is Obama talking about the need to reform entitlements in his first term:
"We're going to have to take on entitlements, and I think we've got to do it quickly," Obama said to a question from moderator Tom Brokaw about reforming Social Security and Medicare. "We're going to have a lot of work to do, so I can't guarantee that we're going to do it in the next two years, but I'd like to do it in my first term as president."
And here's Obama saying his plan cuts more spending that it adds:
Obama also promised to go "line by line" through the federal budget to cut or reform programs that were costly and wasteful: