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Monday, June 28, 2010

Obama agenda: The G-20 deficit pledge

 



Wary of slamming on the stimulus brakes too quickly, but shaken by the European debt crisis, world leaders pledged yesterday to halve government deficits in the most industrialized nations by 2013, with wiggle room to meet the goal," The New York Postwrites. "As protester arrests topped 600, leaders of 20 major industrial and developing nations generally backed spending cuts and tax hikes, despite warnings from President Obama about choking off recovery."
The New York Times adds, "Despite President Obama's pitch at the summit meeting for developed nations here for continued stimulus measures to prevent another global economic downturn, the United States will go along with other leaders who are more concerned about rising debt and join in a commitment to cut their governments' deficits in half by 2013, administration officials said on Saturday."
'Most Americans approve of President Obama's decision to oust Gen. Stanley McChrystal as commander of U.S. forces in Afghanistan, a USA TODAY/Gallup Poll finds, and they support the White House timetable to begin withdrawing from the nation's longest war next year.
In all, 58% back the plan to start pulling out U.S. troops in July 2011 and 38% oppose it."
The Hill notes McCain's appearance on NBC's Meet the Press. McCain said of Obama's Afghanistan troop withdrawal timeline, "It was purely a political decision. Not one based on facts on the ground, not one based on military strategy."

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