Big Deficit Won't Stop Obama's Plan, Adviser Says

Summary


A federal budget deficit approaching $1 trillion would not prevent a Barack Obama administration from being able to cut taxes and increase spending for initiatives for clean energy, health care and education, the campaign's economic adviser Jason Furman told West Virginia reporters Thursday.

"Given the possibility of a very deep recession, it's absolutely critical we take whatever steps we can to create jobs and provide tax relief for families," Furman said during a teleconference with state Delegate Mike Caputo, D-Marion.

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Big Deficit Won't Stop Obama's Plan, Adviser Says

He noted that Federal Reserve Chairman Ben Bernake is advocating another round of tax stimulus pa...

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