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. Sign up for our weekly email * 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 from just £1 per issue More Related articles John Major's double warning for Theresa May Winning business: changing markets Who will win in Manchester Gorton?