BBC, cutting the deficit is impossible when you do spending cuts. Impossible. That's the point. That's why Obama has cut the deficit far more than the UK Tories, who only managed to cut a bit by loosening the austerity. Come on. Think.
And I have a sneaking suspicion you mean debt. And that's the same. How can you reduce it by cutting taxes and services? It's just pure voodoo. Wake up BBC.