Obama to Announce Specific Deficit-Cutting Plan, Plouffe Says
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President Barack Obama will announce long-term proposals this week for cutting the federal deficit, following up on the budget deal he reached with congressional leaders that averted a government shutdown, White House adviser David Plouffe said.
The president will set specific deficit-reduction targets and a timeline for reaching them, Plouffe said on CNN’s “State of the Union.” Obama will use a “scalpel, not a machete” and take a “balanced approach,” Plouffe said on “Fox News Sunday.” The president will address the nation on April 13, an administration official said.