Washington (CNN) - The Obama administration wants to boost the staggering U.S. economy by boosting exports and offering small-business tax credits, but the prospects for additional stimulus spending are weak, the president's top political adviser conceded Sunday.
"Everybody agrees we have to do more," David Axelrod told CNN's "State of the Union." He said the administration has boosted the economy with its first stimulus package, which it pushed through Congress shortly after taking office in 2009, and Obama has pledged to double U.S. exports in five years, but, "We
have to accelerate that."
But with members of Congress expressing increasing concern about the budget deficit, which already tops $1 trillion for a budget year that ends in September, Axelrod admitted there's "not a great desire" for additional government spending.