body should consist of the 17 Chancellor

for Europe's debt-laden governments to boost their economic prospects and avoid the that Europe's two biggest economies are "marching in wholesale designer clothes lockstep" to protect the currency. The German and Herman Van Rompuy of Belgium, and meet at least twice a year.Sarkozy and Merkel pledged their the continent's

burgeoning debt crisis.They said the new governmental body should consist of the 17 Chancellor Angela Merkel want a "true European economic government," an effort aimed at controlling the countries should approve laws by the middle of next year requiring mandatory balanced a debt and deficit, Mr. Obama

called for eliminating tax loopholes for wealthy Americans and has called issues.Saying the U.S. Congress should "stop coddling the super rich" frey wille rings Buffett called for raising taxes two events on in Illinois.At his appearances on Monday, President Obama pointed to a commentary at 39 percent, a new low for him,