World and Nation
In debt game, an early move from Obama regarding negotiations
In a high-stakes negotiation, the most important moves often come not in the end game but at the very start, when one side or the other prevails in defining what is on the table. If you listened closely, you might have heard President Barack Obama try to do just that in his news conference on Monday, when he suggested that Washington will have tamed the government’s debt problems if the two parties can agree on another $1.5 trillion or so in spending cuts and tax increases.