Washington (CNN)– Echoing his recent State of the Union remarks, President Barack Obama used his weekly address on Saturday to detail a major theme from the speech: how America can "win the future."
Obama delivered the weekly address from a revitalized factory in Manitowic, Wisconsin that builds advanced clean energy systems. He pledged to continue "shining a spotlight" on similar businesses and "innovators across America," because "that's how America will win the future-by out-innovating, out-educating, and out-building our competitors."
NEW YORK (CNNMoney) - Bond experts to Congress: Turn down the volume on the debt ceiling.
Some lawmakers are hoping to use the upcoming vote to raise the cap on federal borrowing as do-or-die time for fiscal responsibility. They say they will only support an increase if Congress goes along with spending cuts.
But bond experts say Congress is engaged in risky business. They say lawmakers should not use the debt ceiling as an artificial deadline for deficit reduction. Instead, lawmakers should focus on crafting a comprehensive long-term plan for fiscal responsibility.