Obama Tells GOP His Priority is Not a Balanced Budget

President Obama told House Republicans “that balancing the budget is not his top priority,” Roll Call reports.

Rep. Mike Rogers (R-AL) reported that the president “diplomatically said ‘no’ to a balanced budget, explaining that eliminating the deficit is not his priority. Instead, the president said he is worried that the deep spending cuts that would be required to balance the budget would slow the nation’s economic recovery.”

Wonk Wire: The failure of austerity.