President Obama met with his commission on the national deficit at the White House Tuesday during the panel’s opening session. Obama formed the bipartisan National Commission on Fiscal Responsibility earlier this year to provide recommendations on deficit reduction. Obama said he told commission members “everything is on the table” when it comes to government spending.
President Obama: “This is going to require people of both parties to come together and take a hard look at the growing gap between what the government spends and what the government raises in revenue. And it will require that we put politics aside, that we think more about the next generation than the next election. Everything has to be on the table. And I just met briefly with the commission and said the same thing to them.”