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2 January 2013updated 16 Jun 2022 9:28am

Quote of the Day: Barack Obama on the fiscal cliff deal

The US president on why the country must avoid excessive cuts.

By New Statesman

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.

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