President Barack Obama on Friday urged Congressional negotiators to craft a budget deal that was "prudent" but also expanded spending on education and scientific research. In a speech at Pathways in Technology Early College High School, a model high school in Brooklyn that focuses on teaching high-tech skills, Obama said that deficit reduction for its own sake has held the economy back. He repeated that he would like to close wasteful tax loopholes and use some of the money to help the economy expand. Earlier, Obama had a conference call with top congressional Democrats to review the budget in advance of bipartisan talks set for next week, White House spokesman Josh Earnest said.Copyright © 2013 MarketWatch, Inc....
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