Obama says willing to craft "big deal" on budget, deficit

LEESBURG, Virginia (Reuters) - President Barack Obama told fellow Democrats from the House of Representatives on Thursday he is willing to agree to a "big deal" with Congress on spending cuts and tax reforms to end the fiscal uncertainty over the U.S. deficit.

"I am prepared, eager and anxious to do a big deal, a big package, that ends this governance by crisis where every two weeks, or every two months, or every six months, we are threatening this hard-won recovery," Obama told House Democrats attending a three-day retreat.

(Reporting by Steve Holland and Mark Felsenthal; Editing by David Brunnstrom)

Source: http://news.yahoo.com/obama-says-willing-craft-big-deal-budget-deficit-181717179--business.html

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