Economy/Business News Alert: President Obama says work not done

Tuesday, August 2, 2011

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Economy/Business News Alert: President Obama says work not done
August 2, 2011 1:25:32 PM
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After the Senate passed the debt deal and removed the threat of default the day the Treasury was expected to run out of funds, President Obama told the American people from the Rose Garden that "the next phase" of the process involved such things as entitlement and tax reform, extended unemployment benefits and middle-class tax cuts.

He urged Congress to tackle those issues when it returns from its August recess.

"Voters may have chosen divided government, but they sure didn't vote for dysfunctional government," Obama said. "They want us to solve problems."

The president added "While deficit reduction is part of that agenda, it is not the whole agenda."

http://link.email.washingtonpost.com/r/BZYGW4/LQPOYU/YVDKLO/Z92KU2/7HMWD/AZ/h

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