LSU - 468x
Go Back   New Orleans Saints - Black and Gold > Main > Everything Else > Poli-Sci
Shop Horizontal

Dems defend Obama on debt, say balancing budget now a bad idea

this is a discussion within the Poli-Sci Community Forum; After a week of withering attacks on President Obama's fiscal record, top Democrats on Sunday defended the president's plans for shaving down the deficit -- but said balancing the budget now would actually be a bad idea. Senior campaign adviser ...

Reply
 
LinkBack Thread Tools Display Modes
Old 09-03-2012, 09:45 AM   #1
 
Join Date: Sep 2007
Posts: 14,392
Blog Entries: 22
Dems defend Obama on debt, say balancing budget now a bad idea

After a week of withering attacks on President Obama's fiscal record, top Democrats on Sunday defended the president's plans for shaving down the deficit -- but said balancing the budget now would actually be a bad idea.
Senior campaign adviser David Axelrod, speaking on "Fox News Sunday," repeated claims that Obama's plan would cut the deficit by $4 trillion over the next decade, bringing the budget shortfall down to a point that would "stabilize" the debt.
"And then, with growth, we'll be in a position to begin reducing it further," he said.
But, when pressed, Axelrod would not say when the president's plan could bring the budget into balance. With the deficit clocking in at more than $1 trillion once again this year, he suggested that's not the goal in the near-term.


Read more: Dems defend Obama on debt, say balancing budget now a bad idea | Fox News

Said Pope Benedict: "WOW ... that ring is bigger than mine!!!"

SmashMouth is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules


All times are GMT -5. The time now is 02:00 AM.

Footer Banner Champs

Copyright 1997 - 2012 - BlackandGold.com
no new posts

SEO by vBSEO