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Obama Answers Questions on 2012 Budget Proposal

In a news conference Tuesday, President Obama defended his proposed 2012 budget, acknowledging that "there will be plenty of arguments in months to come, and everybody's going to have to give a little bit." The president said "tough decisions" would be needed to stabilize, much less solve, the deficit crisis. "My goal is that a year from now or two years from now, people look back and say we actually started making progress on this issue," he said. The proposed changes in federal spending means that "If we are going to get serious about debt reduction and deficit reduction we have to look at all of the sources," Mr. Obama said, later adding that "there are some provisions in this budget that are hard for me to take," with reference to programs that would have to be cut or reduced. With regards to unrest in the Middle East, the president had cautious praise for the country's military leadership. "There's still a lot of work to be done in Egypt itself, but what we've seen so far is positive ... Egypt's going to require help in building democratic institutions." Of Iran's leaders, however, President Obama said, "I find it ironic that you've got the Iranian regime pretending to celebrate what happened in Egypt when in fact they have acted in direct contrast to what happened in Egypt by gunning down and beating people who were trying to express themselves peacefully."
Length: 55:59


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