WASHINGTON — After a string of costly bailout and stimulus measures, President Obama
will set a goal this week to cut the annual deficit at least in half by
the end of his term, administration officials said. The reduction would
come in large part through Iraq troop withdrawals and higher taxes on
the wealthy.
LIVONIA, Mich. — Connie from Livonia was on the line with
Representative Thaddeus McCotter during a telephone town-hall-style
meeting, sounding worried as the auto industry continued to spiral
down, taking Michigan’s economy along for the ride.