Obama calls for bipartisan budget deal that doesn’t hurt jobs

By Agence France-Presse
Saturday, March 5, 2011 11:15 EDT
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WASHINGTON (AFP) – US President Barack Obama called Saturday for Democrats and Republicans agree on a budget that cuts wasteful spending without sacrificing job-creating investments in education, innovation, and infrastructure.

“We need to come together, Democrats and Republicans, around a long-term budget that sacrifices wasteful spending without sacrificing the job-creating investments in our future,” Obama said in his weekly radio address.

“My administration has already put forward specific cuts that meet congressional Republicans halfway,” he added. “And I?m prepared to do more.”

The comments came after Obama late Wednesday signed a Republican-drafted stopgap spending measure to fund government operations through March 18 while slicing $4 billion in outlays in a bid to buy time for a longer deal to cover the rest of the fiscal year that ends September 30.

The White House and Congress must reach another deal by the two-week mark — or face the prospects of a partial government shutdown.

The president said he was pleased by this temporary agreement, but argued the government could not “do business two weeks at a time.”

“It’s not responsible, and it threatens the progress our economy has been making,” he argued. “We’ve got to keep that momentum going.”

Obama said he opposes proposed spending cuts on education because, if these cuts were enacted, the country would be “risking the future of an entire generation of Americans.”

Watch Obama’s address below, via the White House.

Agence France-Presse
Agence France-Presse
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