Obama's Own Words on U.S. Deficit, Tax Code, Ryan Plan
1,518 views · Published 13 April 2011 · 4:13 · Indexed 27 September 2026
Channel: Bloomberg Originals · 2011 · Entertainment
April 13 (Bloomberg) -- U.S. President Barack Obama speaks about his proposal to cut $4 trillion in cumulative deficits within 12 years.
In presenting his long-term plan for closing the budget shortfall, Obama set a target of reducing the annual U.S. deficit to 2.5 percent of gross domestic product by 2015, compared with 10.9 percent of GDP projected for this year. (Excerpts. Source: Bloomberg)
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