| 00:00:0821 sec. |
Obama, Barack - President
Good morning, everybody. As you know, I just met with leaders of both parties to discuss a way forward in light of the severe budget cuts that start... |
| 00:00:2951 sec. |
Obama, Barack - President
The good news is the American people are strong and they’re resilient. They fought hard to recover from the worst economic crisis since the Great... |
| 00:01:2043 sec. |
Obama, Barack - President
Now, what’s important to understand is that not everyone will feel the pain of these cuts right away. The pain, though, will be real. Beginning... |
| 00:02:0325 sec. |
Obama, Barack - President
All of this will cause a ripple effect throughout our economy. Layoffs and pay cuts means that people have less money in their pockets, and that means... |
| 00:02:2834 sec. |
Obama, Barack - President
So economists are estimating that as a consequence of this sequester, that we could see growth cut by over one-half of 1 percent. It will cost about... |
| 00:03:0235 sec. |
Obama, Barack - President
And let’s be clear. None of this is necessary. It’s happening because of a choice that Republicans in Congress have made. They’ve allowed these... |
| 00:03:3731 sec. |
Obama, Barack - President
I do believe that we can and must replace these cuts with a more balanced approach that asks something from everybody: Smart spending cuts; entitlement... |
| 00:04:0824 sec. |
Obama, Barack - President
I don’t think that’s too much to ask. I don’t think that is partisan. It’s the kind of approach that I’ve proposed for two years. It’s... |
| 00:04:3229 sec. |
Obama, Barack - President
I do know that there are Republicans in Congress who privately, at least, say that they would rather close tax loopholes than let these cuts go through.... |
| 00:05:0127 sec. |
Obama, Barack - President
In the coming days and in the coming weeks I’m going to keep on reaching out to them, both individually and as groups of senators or members of the... |
| 00:05:2840 sec. |
Obama, Barack - President
In the meantime, we can’t let political gridlock around the budget stand in the way of other areas where we can make progress. I was pleased to see... |
| 00:06:0832 sec. |
Obama, Barack - President
And I think there are other areas where we can make progress even with the sequester unresolved. I will continue to push for those initiatives. I’m... |
| 00:06:4012 sec. |
Obama, Barack - President
This is the agenda that the American people voted for. These are America’s priorities. They are too important to go unaddressed. And I’m going... |
| 00:06:523 sec. |
Obama, Barack - President
So with that, I’m going to take some questions. I’m going to start with Julie. |
| 00:06:5511 sec. |
Q
Thank you, Mr. President. How much responsibility do you feel like you bear for these cuts taking effect? And is the only way to offset them at this... |
| 00:07:067 min. |
Obama, Barack - President
Look, we've already cut $2.5 trillion in our deficit. Everybody says we need to cut $4 trillion, which means we have to come up with another trillion... |
| 00:14:185 sec. |
Q
It sounds like you're saying that this is a Republican problem and not one that you bear any responsibility for. |
| 00:14:233 sec. |
Obama, Barack - President
Well, Julie, give me an example of what I might do. |
| 00:14:262 sec. |
Q
I'm just trying to clarify your statement. |
| 00:14:2851 sec. |
Obama, Barack - President
Well, no, but I'm trying to clarify the question. What I'm suggesting is, I've put forward a plan that calls for serious spending cuts, serious entitlement... |
| 00:15:1926 sec. |
Q
Mr. President, the next focal point seems to be the continuing resolution that’s funding the government at the end of the month, that expires at the... |
| 00:15:452 min. |
Obama, Barack - President
Well, I’d like to think I’ve still got some persuasive power left. Let me check. (Laughter.) Look, the issue is not my persuasive power. The... |
| 00:17:507 sec. |
Q
Just to make it 100 percent clear, you’d sign a budget that continues to fund the government even at the lower levels of the sequester, even if you... |
| 00:17:5740 sec. |
Obama, Barack - President
Zach, I’m not going to -- I never want to make myself 100 percent clear with you guys. (Laughter.) But I think it’s fair to say that I made a... |
| 00:18:3710 sec. |
Q
Mr. President, to your question, what could you do -- first of all, couldn’t you just have them down here and refuse to let them leave the room until... |
| 00:18:4724 sec. |
Obama, Barack - President
I mean, Jessica, I am not a dictator. I’m the President. So, ultimately, if Mitch McConnell or John Boehner say, we need to go to catch a plane,... |
| 00:19:112 sec. |
Q
But isn’t that part of leadership? I’m sorry to interrupt, but isn’t -- |
| 00:19:132 min. |
Obama, Barack - President
I understand. And I know that this has been some of the conventional wisdom that's been floating around Washington that somehow, even though most people... |
| 00:22:0317 sec. |
Q
What do you say to the people like Mayor Bloomberg -- who is no critic of yours in general; he endorsed you -- who argues that there is some what he... |
| 00:22:204 min. |
Obama, Barack - President
Well Jessica, look, I'll just give you an example. The Department of Defense right now has to figure out how the children of military families are... |
| 00:26:212 sec. |
Q
Thank you. |
| 00:26:23 |
Obama, Barack - President
Hey, Christi. |
| 00:26:2319 sec. |
Q
Mr. President, your administration weighed in yesterday on the Proposition 8 case. A few months ago it looked like you might be averse to doing that,... |
| 00:26:422 min. |
Obama, Barack - President
As everybody here knows, last year, upon a long period of reflection, I concluded that we cannot discriminate against same-sex couples when it comes... |
| 00:29:0514 sec. |
Q
And given the fact that you do hold that position about gay marriage, I wonder if you thought about just -- once you made the decision to weigh in,... |
| 00:29:191 min. |
Obama, Barack - President
Well, that's an argument that I’ve made personally. The Solicitor General in his institutional role going before the Supreme Court is obliged to... |
| 00:30:5311 sec. |
Q
Thank you, Mr. President. You said a few minutes ago and you’ve said repeatedly that the country has to stop careening from crisis to crisis. |
| 00:31:04 |
Obama, Barack - President
Right. |
| 00:31:0413 sec. |
Q
So with a few crises behind us and a few more crises ahead of us, taking a step back from this specific debate over the sequester, how, as the leader... |
| 00:31:174 min. |
Obama, Barack - President
Well, a couple of things. Number one is to make sure that we keep making progress wherever we can on things that are important to middle-class Americans... |