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News Link • Economy - Economics USA

Obama urges creation of U.S. deficit panel

• Reuters
President Barack Obama called on the U.S. Congress on Saturday to create a bipartisan panel that would look at ways to rein in the country's soaring deficits.

Obama said in a statement the country faced a "serious fiscal situation" that stemmed from the recession he inherited from the Bush administration and years of "failing to pay for new policies."

5 Comments in Response to

Comment by Sam Weathersby
Entered on:

Obama is not serious. If he was he would have Ron Paul lead the panel. 

Besides I thought The Big O already had most of the social Fascist progressives as czars.

 How qualified can this guy be? Any one who has even run a family should be able to figure out that burroacracies must disbanded, taxes lowered, spending cut...he needs a panal????? Sheeeessshhh! What a bucket of rocks!

 SamFox

Comment by Sam Weathersby
Entered on:

Mr. O already has such a panel. We are called We The People.. I just hope we can convince Congress to put his junk policies on hold till we can get a patriot in the White House & honesty in Congress. 

SamFox

Comment by Trouser Chili
Entered on:

Here's an idea:  STOP SPENDING ALL OF OUR F*%NG MONEY

Comment by Powell Gammill
Entered on:

AP:

http://abcnews.go.com/Business/wireStory?id=9644131

 

Comment by Powell Gammill
Entered on:

Isn't asking CONgress to come up with a deficit reduction plan kind of like asking the pigs to guard the corn?


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