Obama Adviser Lauds Deal, Says It Must Be Passed

A top adviser to President Barack Obama says reaching a debt-limit accord that avoids a government default lifts a big cloud over the economy.

David Plouffe tells CBS's "The Early Show" Obama isn't worried about perceptions of weakness in dealing with House Republicans, saying "we're not concerned about any of that."

He says both sides now have "a result that produces good deficit reduction at the front end." Plouffe also says it was critically important to get agreement on a debt extension through next year. He says having the same fight again in six months "would be a bad idea."

Plouffe concedes the process has "been messy," and says he thinks the American people "obviously would like a little bit more compromise and a little less shouting."
Associated Press