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Obama To Lay Out Spending Plan To Reduce Federal Budget Deficit

WASHINGTON — A top White House political and economic adviser says President Obama will lay out new plans this week to reduce the federal deficit.Obama adviser David Plouffe, speaking Sunday on NBC’s “Meet the Press,” says Obama plans …

WASHINGTON — A top White House political and economic adviser says President Obama will lay out new plans this week to reduce the federal deficit.

Obama adviser David Plouffe, speaking Sunday on NBC’s “Meet the Press,” says Obama plans to offer ideas for what Plouffe calls “long-term deficit reduction” as Congress begins to debate raising the nation’s debt ceiling.

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