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(NECN: Alison King) - Hours after winning the U.S. Senate race in Massachusetts, Elizabeth Warren was in South Boston, greeting commuters at the same T-stop where she kicked off her campaign just over a year ago, promising to help tackle the nation's deficit by pushing for what she called a "balanced approach" of spending cuts and higher taxes on the wealthy.
"We're facing a $16 trillion deficit. You know, I look at that deficit and I think of my little grandson, he's 2 years old. If we don't do something, he's the one who's going to pay the price," she says.
Asked what specific areas of the federal budget she'd be willing to slash, Warren says, "Agriculture subsides. Also, we've quite one war, we're winding out of Iraq, that's $2 billion a week we can use to pay down our deficit to spend here at home."
"I think there's a very specific agenda that I think has been carved out for her," says Paul Watanabe, a UMass Boston professor.
Watanabe says Warren will be the go-to person on issues of fiscal fairness and the Wall Street agenda, though, unlike Scott Brown, he says don't look to Warren to become the second most bipartisan Senator.
"I think she's going to be a reliable democratic vote," he says, "and the fact is, given the results yesterday, there are a lot of people in Massachusetts who want the return of a reliable Democratic vote."
Elizabeth Warren's start in the Senate will no doubt be compared to Scott Brown's transition, where he was welcomed as a celebrity and sought after by both parties as a potential swing voter.
"I do think that her opportunity to serve as a leader in the Senate is huge," Mass. Governor Deval Patrick says.
Governor Patrick added he believes Warren will be a bridge builder based on her experience.
"She's had a profession of evaluating good arguments and good points of view," he says, "Not from the perspective of whether they're Democratic or Republican ideas, but just whether they're good ideas."