National

Remarks by President Obama at the First Meeting of the Fiscal Commission

Washington, D.C.–(ENEWSPF)–April 27, 2010 – 9:50 A.M. EDT

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THE PRESIDENT:  Good morning, everybody.

As a nation, we continue to experience the consequence of three distinct but closely related challenges.  One is a financial crisis, born of reckless speculation that threatened to choke off lending to families and to businesses.  And this crisis, in turn, led to the deepest recession we’ve known in generations –- costing millions of Americans their jobs and their homes, closing thousands…

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