April 13, 2011

Obama debt plan would cut $4 trillion over 12 years - Apr. 13, 2011

Obama debt plan would cut $4 trillion over 12 years - Apr. 13, 2011

President Obama on Wednesday articulated his most ambitious plan yet for reining in the nation's debt. He laid down a series of spending and deficit targets for lawmakers to adhere to in the coming decades -- and summoned congressional leaders to take part in a budget summit in early May.