TPMDC Morning Roundup | Talking Points Memo

Obama, Other World Leaders Differ On Global Recovery Efforts The Associated Press point out that President Obama is headed to the G8 Summit amidst division with other major powers on how to best deal with the economy: “President Barack Obama, who was arriving after a tough two months dealing with the worst offshore oil spill in U.S. history, was not getting a lot of support for his cautionary warnings that countries should not pull back their stimulus efforts too quickly. Britain, Germany, France and Japan have all unveiled deficit-cutting plans. Canadian Prime Minister Stephen Harper, the host for the summit meetings, was urging the countries to agree to concrete deficit-reduction goals as a way of restoring investor confidence following the turmoil caused by the Greek debt crisis.”

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