W.H., Dems sound alarm on budget deficit
From: The Washington Times | November 3, 2009
The White House is beginning to send strong signals that it recognizes the $1.4 trillion budget deficit is a looming political problem that needs to be addressed, even as President Obama reminds Americans that the country’s fiscal crisis originated with the Bush administration and will not be resolved overnight. The president’s budget director, Peter R. Orszag, on Tuesday will deliver the second major speech on the deficit in a week by a top White House official. Mr. Orszag’s speech on “reining in the deficit” will be the first time that a top White House economist will look forward at the …
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