Obama: “We Must Add to Our Debt in the Short Run”

Associated Press

The president lays out his first budget Thursday morning, which includes a $1.75 trillion deficit.

And/But: Says his administration has identified areas to slash spending by $2 trillion in the future.

Obama aides deliver the 140-page budget blueprint to Congress shortly after remarks. Complete budget details to come in April.

Read his remarks here.

Related Topics: News, The Page

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