The entire speech revolved around the budget deficit in one way, shape or form.

Taking action and learning from my own mistakes allowed me to develop my skills and find the resources I needed to compliment my deficits.

The house payment is $2,500/month - proposed rent of $1,700/month = $800/month deficit paid out of owner's pocket

As a small city-owned power company that does not run a power deficit, they must feel empowered to behave poorly.

@Mike M.I would also add the looming and growing national deficit.

They don't need to be at 700k, but they need to be in the 600s so fam can walk away with something, or get something else to make up for the deficit. 

They also revealed a several million dollar deficit.  

For me, there would have to be a heck of a lot of meat on the bone to burn calories pursuing something like this....

@Dennis Johnson start by educating your self and evaluating your skills and deficits.

While most investors seem to expect the Fed to stop raising interest rates around the 3.5-4.5% range there is a lot of evidence (required financing for both federal deficit and national debt) that would indicate rates could raise much further than most people are anticipating.