Obama's Deficit Speech: Video (Summary & Full Version)

Summary - PBS News Hour Video - In a speech at George Washington University, President Obama called for cutting the U.S. deficit by $4 trillion over 12 years.  His plan includes ending tax cuts for incomes above $250,000, reducing defense spending by $400 billion and exacting $480 billion in savings from Medicare and Medicaid.

Read the transcript at PBS

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The complete speech...

Obama outlines an overhaul of the tax code and steep cuts in domestic and military spending, but avoids fundamental changes to entitlement programs.

Comments

[ain't bullshitt'n]

WOW....what a bunch of HYPE for NADA. Big Fat Nothingburger......watching him makes me throw up in my mouth and feel dumber for it every time....AB

[DailyBail]

Goldman's Take On Obama's Latest Budgetary "Promises"

http://www.zerohedge.com/article/goldmans-take-obamas-latest-budgetary-promises

[DailyBail]

MADRID, April 13 (Reuters) - Chinese investors including the country's sovereign wealth fund may inject $13 billion into Spanish banks, a government source said on Wednesday after Spain's premier met financial authorities in Beijing.

http://www.reuters.com/article/2011/04/13/spain-china-idUSLDE73C1FT20110413

[Dr. Pitchfork]

.watching him makes me throw up in my mouth and feel dumber for it every time....AB
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You've got a way with words, AB.

[LiberatedCitizen]

The Budget Cuts Turn Out to be a Total Scam

http://www.economicpolicyjournal.com/2011/04/budget-cuts-turn-out-to-be-total-scam.html

[Texas Dar]

.watching him makes me throw up in my mouth and feel dumber for it every time....AB

.@ ain't bullshitt'n ...............

"Spit-or Swaller" thAre "AB".....? I agree, i get sick just looking at him. Can puke just hearing his "BS".......? My hart rate gos x2, What a low life scum-bag.....

The last 6 presidents look "Almost" like saints, compared to this "SOB"....?

[OMM Nom Nom]

People can never just let the president do his job, everyone has to say republicans are stupid or Democrats are stupid, You know what, both are acting stupid and need to start working together, It's not their country, it's our country.