A busy day ahead for President Obama. He'll hold what he calls a fiscal responsibility summit this afternoon to work out a strategy for cutting the country's deficit in half by 2013.

今天对奥巴马说是繁忙的一天，下午他将主持一个“财务责任峰会”，以制定一套降低赤字的策略，实现2013年以前将赤字减半。

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After Obama's remarks Monday, the fiscal responsibility summit participants separated into small working groups to discuss the specific fiscal challenges facing the country, including taxes, health care, Social Security and the budget process.

CNN: Obama pledges to cut deficit in half at fiscal summit

So what I've said is look, for wealthier people why don't we raise the cap? (Applause.) Make them pay a little more payroll tax. (Applause.) Not everybody is wild about this idea, not surprisingly. (Laughter.) And so what I would like to do -- I had a fiscal responsibility summit where I brought together Republicans, Democrats, experts on all these issues -- how do we start dealing with our long-term deficits, our long-term debt.

WHITEHOUSE: Town Hall in Arnold, Missouri

In the summit comunique G8 leaders stated their commitment to promote growth alongside fiscal responsibility, although they acknowledged "the right measures are not the same for each of us".

BBC: G8 Summit: Cameron says 'good progress' on eurozone