A preview of President Obama's speech on deficit reduction: Congressional sources say the...

|By:, SA News Editor

A preview of President Obama's speech on deficit reduction: Congressional sources say the President will set a goal to reduce the budget deficit to 2.5% of GDP by 2015 and 2% near the end of the decade, saving $4T over the next 12 years or less. Speech is at 1:35 ET. Watch here live.