Obama embarks on tour to sell debt plan, not dwell on S&P report

Vince Coglianese Contributor
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President Barack Obama begins a tour promoting his proposal to cut long-term budget deficits with a new urgency after Standard & Poor’s warned that the nation’s AAA credit rating is in peril.

While the trip that begins today with a town-hall meeting in Virginia is partly billed as an effort to gain support for cuts in popular programs, Obama aides said they don’t expect him to refer to the S&P report unless he is asked.

Chris Lehane, a Democratic strategist who worked on Al Gore’s 2000 presidential campaign, said any president would prefer to minimize attention to an unfavorable assessment of the nation’s creditworthiness.

Full Story: Obama Embarks on Tour to Sell Debt Plan, Not Dwell on S&P Report – Bloomberg