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Thursday, April 14, 2011

Obama: Parties must 'come together' to solve debt problem

President Obama said today that Democrats and Republicans must come together to address the nation's debt problem, a day after the president's deficit reduction speech drew derision from Republicans who called it excessively political."At some point, we're going to have to come together as Americans," Obama said before meeting with the co-chairmen of the fiscal commission he appointed last year, Democrat Erskine Bowles and Republican Alan Simpson.
"As they pointed out in their bipartisan effort, it is important to put everything on the table," Obama said.
Obama did not adopt the fiscal commission's recommendations, but said its work "helped shape my thinking on these issues."
In outlining a plan yesterday to cut budget deficits by $4 trillion over the next 12 years, Obama also criticized the Republican budget plan of Rep. Paul Ryan, R-Wis., chairman of the House Budget Committe

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