President Barack Obama speaks about fiscal policy at George Washington University on April 12, 2011 in Washington, DC. Mark Wilson/Getty Images hide caption

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Can it be brought under control? Chip Somodevilla/Getty Images hide caption

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The Two-Way

Obama To Embrace Many Of Deficit-Reduction Commission's Ideas

Up to now, the president has kept the commission's work at arms length. He'll deliver an address early this afternoon and lay out his thinking.

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Tea Party activists gather on Capitol Hill on Wednesday. The federal government is facing a potential shutdown if Congress and the White House are not able to agree on a budget. Brendan Smialowski/Getty Images hide caption

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Come on back, he says. Mandel Ngan /AFP/Getty Images hide caption

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