Senior Obama adviser David Axelrod suggested Sunday that the president would take a broad approach to the nation’s economic woes, beyond the upcoming set of fiscal crisis facing Washington.

“There’s a larger priority of which this is part, which is how do you create an economy, rebuild an economy, in which the American dream, the American compact, is fresh, where people who work hard feel like they can get ahead?,” said Axelrod on NBC’s “Meet the Press.”

The White House and Congress are faced with a number of fiscal challenges in the weeks ahead from raising the nation’s borrowing limit, to avoiding a set of sequester cuts slated to take effect on March and finding a way to continue funding the government.

Axelrod, though said that beyond budget battles, much remained to be done to continue restoring the nation’s prosperity.