News Article

Conservative Forums +: Obama urges government delay in spending cuts despite mounting debt

Via » Submitted On Tue, 02/05/2013 - 7:03pm by Larry Harty

by Xinhua Writer Jiang XufengWASHINGTON, Feb. 5 (Xinhua) -- U.S. President Barack Obama on Tuesday urged Congress to delay massive government spending cuts in the near term to boost economic growth despite the spiking government debt, adding twists to the government's debt reduction efforts.SOFTEN SPENDING CUTSGovernment budget decisions have "real and lasting" impacts on the strength of U.S. economic recovery, while drastic government spending cuts will cost jobs to be created and slow down the economic growth pace, Obama said at a White House press conference on Tuesday.


Be the first to post by using the form above.


Not correct?