77°
Baton Rouge, Louisiana
7 Day Forecast
Follow our weather team on social media

Obama stands his ground on fiscal debates

3 years 8 months 5 days ago January 22, 2013 Jan 22, 2013 Tuesday, January 22 2013 January 22, 2013 6:00 AM in News
Source: Associated Press

WASHINGTON - President Barack Obama devoted one word - "deficit" - to the issue that brought Washington to the brink of fiscal crises time and again during his first term.

But it was the paragraph that followed in his inaugural address that foreshadowed what's to come - more hard bargaining and more last-minute deals driven by Obama's own conviction that he now wields an upper hand.

He conceded that "outworn programs are inadequate to the needs of our time," but forged ahead with a call for training more math and science teachers, for building roads and even for funding more research labs.

If there was a way to reconcile such spending with demands to stabilize the nation's debt, he didn't mention it.

More News

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
7 Days