Obama: Fixing economy comes before fixing deficit

President-elect Barack Obama says eliminating the federal deficit is less important than getting the U.S. economy back on track.

"We shouldn't worry about the deficit next year or even the year after," Obama said in an interview broadcast Sunday on CBS' "60 Minutes." "The most important thing is that we avoid a deepening recession."

Obama also said selecting his national security team is one of his top priorities, "because transition periods are potentially times of vulnerability to a terrorist attack. We want to make sure that there is as seamless a transition on national security as possible."