Cut, Cap and Balance: The Wrong Approach to Deficit Reduction

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Your Daily Snapshot for
Tuesday, July 19, 2011


Cut, Cap and Balance: The Wrong Approach to Deficit Reduction

Democrats and Republicans agree that we need to get our fiscal house in order and reduce our deficits and debt, but the House plan is more “Duck, Dodge, and Dismantle” than “Cut, Cap and Balance.”

Learn more about why the House plan won't work for America <http://www.whitehouse.gov/blog/2011/07/19/unbalanced-approach-deficit-reduction?utm_source=071911&utm_medium=blog&utm_campaign=daily> .


Photo of the Day

<http://www.whitehouse.gov/photos-and-video/photogallery/july-2011-photo-day?utm_source=071911&utm_medium=photo&utm_campaign=daily>
President Barack Obama meets with Warren Buffett, the Chairman of Berkshire Hathaway, in the Oval Office, July 18, 2011. (Official White House Photo by Pete Souza)


In Case You Missed It


Here are some of the top stories from the White House blog <http://www.whitehouse.gov/blog?utm_source=071911&utm_medium=blog&utm_campaign=daily> .


President Names Richard Cordary to Lead New Agency <http://www.whitehouse.gov/blog/2011/07/18/president-obama-nominates-richard-cordray-lead-consumer-financial-protection-bureau?utm_source=071911&utm_medium=blog&utm_campaign=daily> (video)
President Obama has chosen a former Ohio Attorney General to head the Consumer Financial Protection Bureau, a new agency established to arm Americans with the information they need to make smart financial decisions, which launches Thursday, July 21

@OMBPress
<http://www.whitehouse.gov/blog/2011/07/19/ombpress?utm_source=071911&utm_medium=blog&utm_campaign=daily> The Office of Management and Budget’s communications shop joins the Twitterverse to give the American people insight into the work we do in 140 characters or less. Follow @OMBPress on Twitter.

Rural Champions of Change – Sparking Innovation
<http://www.whitehouse.gov/blog/2011/07/18/rural-champions-change-sparking-innovation?utm_source=071911&utm_medium=blog&utm_campaign=daily> Melody Barnes, Director of the Domestic Policy Council, reflects on the Champions of Change roundtable with Rural Americans, which includes farmers, ranchers, local educators, and small business owners improving their communities through innovative actions.

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