Weekly Address: Reining in Budget Deficits

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.


Read the Transcript  |  Download Video: mp4 (148MB) | mp3 (5MB)

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