(WASHINGTON TIMES) President Obama said in an interview aired Monday that his first priority if re-elected would be to push for passage of a debt-reduction plan to cut spending and raise taxes on the nation’s highest earners.

Appearing in a taped interview on MSNBC’s “Morning Joe,” Mr. Obama predicted that Congress can approve a plan to reduce the country’s debt and deficit as soon as during a lame-duck session later this year, or in the early months of next year.

“If we won, then I believe that’s a mandate for doing it in a balanced way,” he said in the interview, which was taped Saturday at a campaign stop in Nashua, N.H. “We can do some more cuts, we could look at how we deal with the health care costs in particular under Medicaid and Medicare in a serious way, but we are also going to need some revenue.”

 

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