WASHINGTON - WASHINGTON (AP) — President Barack Obama's top economic adviser says creating jobs takes priority over reducing the country's red ink in the next year.
Larry Summers says priority No. 1 must be getting people back to work and lowering the country's 10 percent unemployment rate.
Summers says only then can the Obama administration begin working to reduce the deficit — a problem he blames largely on the Bush administration.
Summers — a former treasury secretary — spoke Sunday on CNN's "State of the Union."