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Joining me now here in washington to discuss this budget deal and the obama agenda going forward, white house senior advisor david plouffe. your maiden voyage here on state of the union. thanks for coming, david. the critics of this, largely on your left, including paul krugman, have said the economy is not strong enough to sustain these kinds of cuts, $38 billion in this package, $10 billion before, far down $78 billion from what the president had originally proposed. have you all decided in the white house that the economy is recovered enough to stop pumping federal money into it. well, the president s approach, candy, and he stated this clearly, has been we need to take a scalpel, not a machete. go lineally line, program by program. there s certain things in research and development and education that the president was not going to support cuts. we were able to protect those at ....
Did we decide from what the president had originally proposed. have you all decided in the white house that the economy is recovered enough to stop pumping federal money into it? well, the president s approach, candy, and he stated this clearly, has been we need to take a scalpel, not a machete. all spending is not alike. go line by line, program by program. that s what this budget debate came down to. there s certain things in research and development and education that the president was not going to support cuts. we were able to protect those at the same time bringing about the largest annual spending cut in history. look, his budget cut would reduce the deficit by over $1 trillion in the next decade, bring spending to the lowest level since eisenhower. the president believes we can still grow economically with deficit reduction. but it s got to be smart. if we re just going to cut student loans, head start and medical research, we re not going to be the country in terms of the eco ....