By Mike Dorning
April 8 (Bloomberg) — Less than a week after job-creation figures fell short of expectations and underscored the U.S. economys fragility, President Barack Obama will send Congress a budget that doesnt include the stimulus his allies say is needed and instead embraces cuts in an appeal to Republicans.
This is not our ideal budget, Gene Sperling, director of the White Houses National Economic Council, told Bloomberg Television. This does reflect a compromise offer. Theres measures in here we would prefer not to take.