Snow says US economy on right path

The U.S. economy is on the right path, but obstacles including high oil prices, deficits and business caution stand in the way of full recovery, US Treasury Secretary John Snow said on Tuesday.

"The American economy, showing its underlying resiliency, has come back. We're really going the right way," the Treasury chief told franchise executives at the Dairy Queen world headquarters in Edina, near Minneapolis.

"We can't deny the fact that deficits matter. The president knows that. He is committe