By Sarah Smith
President Obama shelves plans to return the US to the moon as America argues over how to cut its record $1.5 trillion budget deficit. Sarah Smith reports.
£1.5 trillion is how far the US will be collectively in debt by the end of 2010. The White House knows that people are very, very angry about the record breaking deficit. The shock by-election result in Massachusetts showed them that.
So Obama is under massive pressure to slash government spending - but knows he has to do it in a way that does not make the American economy even worse.
And, of course, everyone has their own ideas about what to cut. Republicans pillory Obama for putting the country in debt - but they are also upset that he wants to end Bush tax cuts for the wealthiest to help address that debt.
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