"Two trillion in savings"
From the NYT:
...Mr. Obama pledged to cut the deficit in half by the end of his first term, saying his administration had “already identified two trillion dollars in savings over the next decade.†In an interview, an administration official said those savings reflected reduced spending on the war in Iraq and higher revenues from letting the Bush administration’s tax cuts for the wealthiest Americans lapse after 2010.
In other words, the "savings" involve winding down the war in Iraq, which was going to be wound down anyway, and massive tax increases.
Meanwhile, on the heels of the "stimulus" bill, Congress just passed a $410 billion bill for domestic spending, mostly along party lines, containing 8,570 earmarks.
On top of that, Obama's budget is coming out tomorrow.
Obama says he's all about successful entrepreneurs and small businesses. But God help them if they get too successful. Tall poppies, and all that.