Racing the clock, the White House reached an accord with Senate Republicans late Monday to neutralize across-the-board tax increases and spending cuts in government programs due to take effect at midnight, according to key Washington officials. (Dec. 31)
Obama: House GOP budget would cut deeply
Published: 11:07:44 PM, Tue 12 March 2013 UTC
WASHINGTON (AP) — President Barack Obama is criticizing a proposed House Republican budget, saying it would turn Medicare into a voucher-like program, cut deeply into programs such as Medicaid and increase tax payments by the middle class in order to achieve promised lower tax rates.
Asked in an ABC World News interview Tuesday whether he will propose a budget that balances in 10 years, Obama said he would not.
He said his "goal is not to chase a balanced budget just for the sake of balance." He said he wants to improve the economy and put people in jobs. "If we do that we are going to be bringing in more revenue," he said.
He said Republican House Budget Committee Chairman Paul Ryan's budget reprises budgets he has proposed before.
Tags:
paul ryan, republican party, medicaid, ap, george w. bush, joe biden, bill clinton, house republican budget, democratic party, nation, united states senate, culture_politics, spending cuts, wednesday, president of the united states, budget, deficit, white house, barack obama, washington, taxes, middle class, senate democrats, math, spokesman jay carney, republican proposal, domestic programs, budget committee chairman, wrong course, gop proposal, gop budget, republican plans, future patients, so-called obamacare, college grants, medicare reforms
