Obama's State Of The Union Sets Stage For Fiscal Policy Fight

Law360, New York (February 13, 2013, 10:48 AM EST) -- Outlining a series of reforms to the tax code and entitlement programs aimed at long-term deficit reduction, President Barack Obama laid the groundwork for a contentious fight with congressional Republicans over U.S. fiscal policy in his State of the Union address Tuesday night, experts told Law360.

In an hour-long speech that included more than a dozen domestic policy initiatives, the president argued that the country could reach its goal of $4 trillion in deficit reduction — $2.5 trillion of which has already been achieved — by...
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