News Headline Summary

US President Obama says wants plan to reduce deficit in balanced and responsible way

Says:
- We must combine spending cuts with new revenue.
- Open to new ideas and compromise, will not accept approach that is not balanced.
- Tuesday's election shows majority of Americans agree with his approach, wants congress to reflect that majority.
- Removing uncertainty would hep businesses and consumers.

Print 18:10, 09 Nov 2012 - Economic commentary - Source: Newswires