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Obama Backs ‘Gang of Six’ Debt Plan

President Obama announced his support Tuesday for a deficit-reduction plan drafted by a bipartisan Senate group known as the “Gang of Six.” The lawmakers’ proposal promises to reduce the deficit by $3.7 trillion.

Posted on Jul 19, 2011 READ MORE



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Obama Thinks Big, Republicans Balk in Deficit Talks

No visible progress was made during deficit talks Sunday in which President Barack Obama failed to persuade House Republicans to support $4 trillion in cuts over the next 10 years. (more)

Posted on Jul 10, 2011 READ MORE


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