President Obama's Deficit and Debt Reduction Plan
President Obama presented his plan for lowering the federal budget deficit and reducing the national debt to students and faculty at George Washington University. The plan includes a goal of $4 trillion in deficit reduction in 12 years or fewer. Among his comments, the president vowed to reject portions of the House Republican budget plan, saying the President George W. Bush-era tax cuts for the wealthy would never be extended again during his presidency. close
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Telephone lines were open for viewer comments on President Obama’s speech about his plan for reducing the budget…
House Republican Reaction to Obama Deficit Plan
House Republicans responded to President Obama’s plan for decreasing the federal deficit and reducing the national debt.
Telephone lines were open for comments on President Obama’s budget deficit and federal debt plan.
Federal Deficit and Debt Reduction
President Obama talked about his plan for lowering the federal budget deficit and reducing the national debt. He spoke…