Obama Sets Timeline for Grand Bargain

March 07, 2013

Obama Sets Timeline for Grand Bargain

President Obama "wants to complete a grand bargain to reduce the deficit by the end of July, an aggressive timeline coinciding with the expiration of the nation's debt limit," The Hill reports.

Obama told the Republican senators who had dinner with him last night "that a deficit-reduction deal needs to happen in the next four to five months."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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March 07, 2013