What he says is the government should live within its means and reduce spending.

http://youtu.be/V1fA9-SryzY

What he's done and will continue doing. He's been absent most of the budget talks. After excoriating Congress last week for not working hard enough, he went to a fund raiser. Since taking office he's played 76 rounds of golf, taken 48 days of vacation, and held 149 fundraisers. Bush quit playing golf in 2003 saying,  "I don't want to some mom whose son may have recently died to see the commander-in-chief playing golf... And I think playing golf during a war just sends the wrong signal." He was mocked at the time for being shallow. 'That's a sacrifice?' kind of response. Bush also spent time working at his working ranch and was mocked for that. Bush was a RINO, but at least he was engaged, and didn't say one thing and do another. Of course all this is still Bush's fault, two and a half years into the Obama regime.

After saying we need to cut spending etc., here's what we've got.

Our debt at this pace will soon exceed the value of all US assets and GDP.