Obama Sets July 7 Debt Meeting, Urges Long-Term Deficit Solution
Tuesday, 05 July 2011 05:23 PM EDT
July 5 (Bloomberg) -- President Barack Obama said the U.S. has “a unique opportunity to do something big to tackle our deficit” and said he opposes a short-term measure that would raise the country’s debt limit without addressing more basic solutions to deficit spending.
Obama said voters haven’t sent leaders to Washington to “take the path of least resistance.” He said in a White House briefing that he asked bipartisan congressional leaders to meet on July 7 for talks on the debt.
To contact the reporter on this story: Julianna Goldman in Washington at jgoldman6@bloomberg.net
To contact the editor responsible for this story: Bob Drummond at bdrummond@bloomberg.net
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July 5 (Bloomberg) -- President Barack Obama said the U.S. has “a unique opportunity to do something big to tackle our deficit” and said he opposes a short-term measure that would raise the country’s debt limit without addressing more basic solutions to deficit spending....
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Tuesday, 05 July 2011 05:23 PM
2011-23-05
Tuesday, 05 July 2011 05:23 PM