Politics 2 January 2013 Quote of the Day: Barack Obama on the fiscal cliff deal The US president on why the country must avoid excessive cuts. Print HTML We can't simply cut our way to prosperity...we're going to have to continue to move forward in deficit reduction, but we have to do it in a balanced way, making sure that we are growing even as we get a handle on our spending. George Osborne could learn a thing or two from Barack Obama. Read more here: http://www.miamiherald.com/2013/01/02/3164100/obama-remarks-on-fiscal-cl... Read more here: http://www.miamiherald.com/2013/01/02/3164100/obama-remarks-on-fiscal-cl... › Senate passes fiscal cliff deal Barack Obama leaves the Oval Office to board Marine One and return to his family holiday in Hawaii in the early morning hours of 2 January. Photograph: Getty Images. Subscribe More Related articles Metro mayors can help Labour return to government How the Brexit referendum has infantilised British politics Vote Leave have won two referendums. Can they win a third?