Last week President Obama shared his deficit reduction plans during a speech at George Washington University. Following the speech, Brian Deese with the National Economic Council hosted a live question-and-answer session about the nation’s fiscal future. America’s fiscal future made yet another appearance last week, this time during President Obama’s weekly address.

Photo: The White House/Flickr

Watch: Obama's deficit reduction plan
President Obama discussed his plans to reduce the national deficit by $4 trillion in 12 years during this week's address.