Government officials, executives push for even more deficit cutting

09/13/2011 | New York Times (tiered subscription model), The

The deficit-cutting congressional committee is being encouraged by President Barack Obama and others to exceed its goal of $1.5 trillion in reductions during the next 10 years. Obama has asked for $2 trillion in deficit cuts, while a letter with many prominent signees calls for the committee "to stabilize the debt as a share of the economy" -- which could take an additional $3 trillion in reductions. But doubts remain about the committee's ability to reach even its original mandate.

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New York Times (tiered subscription model), The

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