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Budget Director Turns Attention to Growing Deficit By Walter Alarkon The White House vowed Tuesday to tackle the nation’s record deficit next year amid new polling that suggests more Americans think President Barack Obama has handled the economy poorly. White House Budget Director Peter Orszag said Obama and the administration’s economic team are looking at “a range of options” to be included in the fiscal 2011 budget proposal that would address the record $1.4 billion deficit. Orszag talked broadly about the need to reduce the deficit during a speech in New York, offering reassuring words on the topic without concrete proposals. The speech was made exactly one year before the midterm elections and as many vulnerable centrist Democrats fear voters will respond to the poor economy on Election Day 2010. |