President Barack Obama begins a Twitter Town Hall meeting by sending out this tweet: "In order to reduce the deficit, what costs would you cut and what investments would you keep?" The meeting is moderated by Twitter founder Jack Dorsey. Obama jokes that it was the first live tweet sent by a sitting president. Obama responds to selected questions that are representative of the most popular topics submitted online, which include education, foreign aid, the deficit, jobs and the economy. Obama says his administration has done much to help students afford college and help older workers return to school to upgrade skills. He explains the debt ceiling and the effect on the economy of not raising it. Obama also talks about tax cuts and tax subsidies to oil and agri-business. Held in the East Room of the White House.
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