President Obama’s weekly address: GOP plan “Wrong for America”

President Barack Obama is drawing sharp contrasts between his deficit-reduction plan and a House Republican budget that he calls "wrong for America." You can watch the President's address here.

President Barack Obama is drawing sharp contrasts between his deficit-reduction plan and a House Republican budget that he calls "wrong for America."

 

    

 

In his weekly radio and Internet address, President Obama charges the GOP with trying to dismantle safety net programs while cutting taxes for the wealthy. He says it comes at the expense of students paying for college and older adults on Medicare.

     

President says all Americans "need to share in sacrifice" but adds: "we don't have to sacrifice the America we believe in."

 

(AP) President Barack Obama is promoting his new deficit-reduction plan by drawing sharp contrasts with a House Republican budget that he says offers a vision that "is wrong for America."

 

In his weekly radio and Internet address Saturday, Obama contended that Republicans want to dismantle venerable safety net programs and cut taxes for the wealthy at the expense of students paying for college and older adults relying on Medicare.

 

"To restore fiscal responsibility, we all need to share in the sacrifice - but we don't have to sacrifice the America we believe in," Obama said.

 

The criticism echoed his speech Wednesday in which he outlined a $4 trillion deficit-reduction plan over 12 years. It's a goal, he said, that he can achieve through spending cuts, changes in government health care programs and tax increases.

 

Obama's message represents his clearest attempt to place ideological distance with Republicans after months spent negotiating a compromise six-month spending bill that trimmed more than $38 billion from the government. Obama signed that legislation Friday.

 

Obama plans to continue his plan's pitch throughout the upcoming week, holding town halls in Northern Virginia Tuesday and in Palo Alto, Calif., and Reno, Nev., later in the week.

 

While Obama tries to cast the debate in his own terms, his attention to fiscal discipline signals a watershed in national politics. After two years devoted to priming an anemic economy with new spending and passing an overhaul of health care, Congress and the White House are beginning a debate about how to tame long-term deficits and a crushing debt of more than $14 trillion.

In the Republicans' weekly address, Sen. Tom Coburn of Oklahoma called that turning point "a monumental shift for Washington."

 

Obama said in an interview with The Associated Press on Friday that fundamental questions about how to change benefit programs such as Medicare and Medicaid or the tax system might have to wait until after the 2012 presidential election.

 

He said he would have to offer spending cuts to win votes in the Republican-controlled House for an increase in the debt limit. The debt will hit its ceiling of $14.3 trillion by mid-May, and administration officials say the cap must be raised by no later than early July.

 

While Obama told the AP that he predicted a "smart compromise," his address Saturday left little room for common ground with the House Republican budget.

 

That plan, approved by the House Friday, would reduce deficits by $4 trillion over the next 10 years. It would extend President George W. Bush's tax cuts at all income levels, repeal Obama's health care law and overhaul of Medicare by providing future retirees a voucher-style federal payment to purchase coverage from private plans.

 

"It's a vision that says that in order to reduce the deficit, we have to end Medicare as we know it and make cuts to Medicaid that would leave millions of seniors, poor children and Americans with disabilities without the care they need," Obama said.

 

Obama has adopted a sharper, partisan tone since announced his re-election bid more than a week ago.

 

Coburn said Obama's sharp critique of the House Republican budget amounted to "campaign-style political attacks."

 

"Instead of describing the threat and bringing both sides together, the president attacked those who have a different vision of the government," he said.

 

Coburn is one of a bipartisan group of six senators working to find a compromise on long-term deficit reduction. The group has not tipped its hand as its members continue to seek common ground.

 

Coburn did praise the House Republican Medicare proposal.

 

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