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President Obama on Tackling our Debt and Deficit

Barack Obama's White House Presidential Office (D) posted a Blog Post on July 11, 2011 | 6:53 pm - Original Item - Comments (View)

Earlier today, President Obama held a press conference to give an update on the ongoing efforts to find a balanced approach to get our fiscal house in order and reduce our nation’s deficit to help our economy grow. The President believes this is the moment to put politics aside, rise above the cynicism, and prove to the American people that Washington can solve problems and do big things.  As he has said, “If not now, when?”   

To solve our deficit problems, the President is willing to make tough choices -- it’s time for members of both parties to do the same. But, solving our fiscal problems requires shared sacrifice -- which means the wealthiest and special interest should pay their fair share. 

Here are a few highlights from today’s press conference:

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