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for by money from off-shore fossil fuel drilling. chief white house correspondent ed henry explai explains. visiting the argon national laboratory in illinois, president obama again warned the sequester will hurt the economy, and slam important federal research. even as he joked about the cuts. i thought argon, of the effects of the sequester, you had to get rid of shares. that s good. i m glad we got some shares. the real purpose of his trip was to call for $2 billion green energy fund that would use government royalties from offshore oil and gas leases to pour new money to research on electric car batteries and biofuel, to wean americans off fossil fuels and try to end fluctuations of the gas pump. let s set up energy security trust to help us free our family an our businesses from painful spikes in gas once and for all. let s do that.
delays enough is enough. i spoke with the president yesterday. he says, well, he is still maybe going to take the balance of this year to make a decision. we put bipartisan legislation forward. we ve got a lot of support for it. it s to get the project going. no decision has been made on keystone. i think the president, i expect he was clear about that as he has been. that process over the state department is moving forward and will end in a decision. harris: meanwhile, president obama called on congress to approve new responding research into clean energy technology a plan he said would not add to the deficit. ed henry is live at the white house. ed, how would the president actually pay for this? reporter: good evening. he was an argon national laboratory in his home state of illinois. the president says he wants to pay for $2 billion green energy fund by taking government