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April 19, 2010

Reduction Is Theme Of Obama's Next Act

John Harwood, New York Times


AP Photo

As President Obama approaches the end of his administration’s opening chapter, his advisers have begun a backstage debate over Chapter 2, which will be fundamentally different in tone, aspiration and political complexity.

For his first 15 months, Mr. Obama has pounded away at four domestic initiatives. All four — economic stimulus, health care, Wall Street regulations and energy policy — reflected priorities of important Democratic constituencies. The next phase, which Mr. Obama set in motion by appointing a bipartisan panel on reducing the nation’s debt, will not.

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Related Topics: deficit, Barack Obama

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