Obama Defends Budget Blueprint as Vital to Economic Recovery
President Obama in his second prime-time press conference claimed that his budget is a critical pin in a comprehensive plan for attacking the financial crisis "on all fronts."
President Obama went on the defensive Tuesday over his $ 3.6 trillion budget proposal, dismissing criticism of the plan and insist that investment in education, healthcare and energy to ensure an economic recovery.
The President in his second prime-time press conference faced tough questions about recent forecasts that the budget will create a billion dollars in deficits over the next decade and could potentially double the national debt.
But Obama argued that his budget is a critical pin in a comprehensive plan for attacking the financial crisis "on all fronts, and keep the second comparable crisis, one or two decades from now.
Obama, as the press was part of an intense public campaign to build support for his budget, has also planned an online town hall meeting Thursday. And the president plans to meet with top banking CEO's Friday morning to discuss his economic recovery proposals.
Latest Obama Prime Time News Conference on the Economy video-
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