Election 2012

Obama Predicts Deficit and Immigration Victories in Second Term

Better late than never

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WASHINGTON—President Barack Obama is predicting he'll reach agreement with lawmakers to reduce the deficit and overhaul immigration law within the first year of a second term if he's re-elected.

The president made the promises in an interview with The Des Moines Register. The interview originally was off the record, but Obama's campaign agreed to release a transcript under pressure from the newspaper.