Media event expected in late morning, day after president offered new budget
WASHINGTON — A day after sending Congress a $3.73 trillion budget, President Obama will hold a news conference on Tuesday, a senior official told NBC News.
On Monday, the president offered a budget plan that holds out the prospect of eventually bringing deficits under control through spending cuts and tax increases.
But the fiscal blueprint largely ignores his own deficit commission's view that the nation is imperiled unless huge entitlement programs like Social Security and Medicare are slashed.
Obama called his new budget one of "tough choices and sacrifices," but most of those cuts would be held off until after the end of his first term. It was harshly criticized by Republicans, who said it was far too timid.
1 comment:
I don't care about spending cuts from the Right or the Left. That does not affect my daily life at all (and, I would susupect, does not involve the daily life of most anyone you know.)
My question to the President (who I voted for) and the Republicans (who said they would fix everything) is this: where are the jobs?
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