FROM CNN's Jack Cafferty: You gotta love it. President Obama is submitting a $3.8 trillion budget. It contains a deficit of $1.6 trillion just for this year. That's an all-time record. [cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2010/images/02/01/art.budget.jpg caption="Pres. Obama, flanked by Treasury Sec. Timothy Geithner (L) and White House budget director Peter Orszag, speaks about his proposed $3.8 trillion … Continue reading How would you cut government spending?