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Weekly Address: Reining in Budget Deficits
Posted by Jesse Lee on January 30, 2010 at 06:00 AM EST
The President pledges to rein the deficit, citing three specific steps to this end. He praises the Senate for restoring the pay-as-you-go law, discusses his proposal for a freeze in discretionary spending, and calls for a bipartisan Fiscal Commission to hammer out further concrete deficit reduction proposals.