Obama To Lay Out U.S. Deficit Plans AFP reports: “U.S. President Barack Obama is set to try and wrest control of Washington’s fevered debate over the economy and bulging deficit, sure to be a dominant theme of his 2012 reelection bid. The White House says the president will lay out his vision for constraining the fiscal gap, as fresh political battles over spending escalate less than a week after the dramatic climax to a 2011 budget fight.”
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