Run time: 08:45
https://www.youtube.com/watch?v=AUCyMq3cFZ8
Posted on YouTube: August 03, 2011
By YouTube Member: ThisBoyTV
Views on YouTube: 85
Posted on DU: August 11, 2011
By DU Member: democracy1st
Views on DU: 428 |
Democracy NOW! DN! - President Barack Obama welcomed the deficit deal as "an important first step" and urged both parties to work together on a larger plan to cut the deficit. The deal includes no new tax revenue from wealthy Americans and no additional stimulus for the lagging economy.
It has a provision to create a joint committee of 12 legislators charged with finding $1.5 trillion in deficit cuts. The committee must hold its first meeting in 45 days and is expected to set in motion a lobbying frenzy. For more, we speak with Democratic Rep. Donna Edwards of Maryland, who voted against the plan, and economist Dean Baker, co-director of the Center for Economic and Policy Research.
Published with written permission from democracynow.org.
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