Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech

WASHINGTON - SEPTEMBER 10: U.S. President Barack Obama answers questions during a news conference in the East Room of the White House September 10, 2010 in Washington, DC. With the threat of the Democrats losing control of Congress in the midterm election, Obama answered questions on a range of topics including the performance of the U.S. economy. (Photo by Mark Wilson/Getty Images)

Watch the Obama press conference video on Tues. Feb. 15, 2011. President Barack Obama holds a news conference on the FY 2012 Budget at the White House. Speech time is 11 a.m. ET. He will answer questions from reporters after delivering an opening statement. Watch live stream video online below at that time. Thereafter check back for the full replay video and transcript text which will be posted as soon as available.

UPDATE: Full video and transcript are below.


Article continues below.

Article Continues Below Ad




YouTube Link

The transcript is below.

The White House

Office of the Press Secretary
For Immediate Release
February 15, 2011
Press Conference by the President
South Court Auditorium

10:59 A.M. EST

THE PRESIDENT: Good morning, everybody. Please have a seat. I figured that I’d give Jay one more taste of freedom — (laughter) — before we lock him in a room with all of you, so I’m here to do a little downfield blocking for him. Before I take a few questions, let me say a few words about the budget we put out yesterday.

Just like every family in America, the federal government has to do two things at once. It has to live within its means while still investing in the future. If you’re a family trying to cut back, you might skip going out to dinner, you might put off a vacation. But you wouldn’t want to sacrifice saving for your kids’ college education or making key repairs in your house. So you cut back on what you can’t afford to focus on what you can’t do without.

And that’s what we’ve done with this year’s budget. When I took office, I pledged to cut the deficit in half by the end of my first term. Our budget meets that pledge and puts us on a path to pay for what we spend by the middle of the decade.

As a start, it freezes domestic discretionary spending over the next five years, which would cut the deficit by more than $400 billion over the next decade, and bring annual domestic spending to its lowest share of the economy since Dwight Eisenhower.

Now, some of the savings will come through less waste and more efficiency. To take just one example, we’ll give — we’ll save billions of dollars by getting rid of 14,000 office buildings, lots, and government-owned properties that we no longer need. And to make sure special interests are not larding up legislation with special projects, I’ve pledged to veto any bills that contain earmarks.

Still, even as we cut waste and inefficiency, this budget freeze will also require us to make some tough choices. It will mean freezing the salaries of hardworking federal employees for the next two years. It will mean cutting things I care about deeply, like community action programs for low-income communities. And we have some conservation programs that are going to be scaled back. These are all programs that I wouldn’t be cutting if we were in a better fiscal situation. But we’re not.

We also know that cutting annual domestic spending alone won’t be enough to meet our long-term fiscal challenges. That’s what the bipartisan fiscal commission concluded; that’s what I’ve concluded. And that’s why I’m eager to tackle excessive spending wherever we find it -– in domestic spending, but also in defense spending, health care spending, and spending that is embedded in the tax code.

Some of this spending we’ve begun to tackle in this budget -– like the $78 billion that Secretary Gates identified in defense cuts. But to get where we need to go we’re going to have to do more. We’ll have to bring down health care costs further, including in programs like Medicare and Medicaid, which are the single biggest contributor to our long-term deficits. I believe we should strengthen Social Security for future generations, and I think we can do that without slashing benefits or putting current retirees at risk. And I’m willing to work with everybody on Capitol Hill to simplify the individual tax code for all Americans.

All of these steps are going to be difficult. And that’s why all of them will require Democrats, independents, and Republicans to work together. I recognize that there are going to be plenty of arguments in the months to come, and everybody is going to have to give a little bit. But when it comes to difficult choices about our budget and our priorities, we have found common ground before. Ronald Reagan and Tip O’Neill came together to save Social Security. Bill Clinton and the Republican Congress eventually found a way to settle their differences and balance the budget. And many Democrats and Republicans in Congress today came together in December to pass a tax cut that has made Americans’ paychecks a little bigger this year and will spur on additional economic growth this year.

So I believe we can find this common ground, but we’re going to have to work. And we owe the American people a government that lives within its means while still investing in our future — in areas like education, innovation, and infrastructure that will help us attract new jobs and businesses to our shores. That’s the principle that should drive this debate in the coming months. I believe that’s how America will win the future in the coming years.

So with that, let me take a few questions. And I’m going to start off with Ben Feller of AP.

Click here to continue reading at WhiteHouse.gov

Previously….

WhiteHouse.gov link for mobile Internet viewing. Live web-feed video. The speech can also be seen on CNN Live starting at 11 a.m. ET (approx). The video stream can also be seen via the White House iPhone app, a free download. There will be live television coverage on cable news channels MSNBC, CNN, Fox News and C-SPAN.

In the late morning news conference today the President will address the $3.73 trillion budget which was released on Feb. 14. Click here to see the Fiscal Year 2012 Budget.

Today’s complete itinerary is here: President Obama official schedule and guidance, Feb. 15, 2011.

For more on the budget see also:

Watch preview video below.



YouTube Link

Related posts:


Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech


Get a FREE Apple iPHONE




Be Sociable, Share!

Trackbacks/Pingbacks

  1. President Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011 | Shallow Nation - February 16, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  2. Obama Hillsboro, Oregon Speech Video Feb. 18, 2011: Address at Intel Corporation | Shallow Nation - February 18, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  3. Obama Cleveland Speech Video: Feb. 22, 2011 Winning the Future Forum on Small Business at Cleveland State Univ. | Shallow Nation - February 22, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  4. President Obama Libya Speech Video Feb. 23, 2011 Statement on Protests in Libya | Shallow Nation - February 23, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  5. President Obama Speech Video Feb. 28, 2011: Address at National Governors Association Meeting | Shallow Nation - February 28, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  6. Obama, Calderon Press Conference Video: U.S. President, Mexican President Hold Joint News Conference March 3, 2011 | Shallow Nation - March 3, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  7. Obama Boston Speech Video March 8, 2011: Address at TechBoston Academy | Shallow Nation - March 8, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  8. Obama Press Conference Video: March 11, 2011 Presidential News Conference | Shallow Nation - March 11, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  9. Obama Arlington, Virginia Speech Video March 14, 2011: Address at Kenmore Middle School | Shallow Nation - March 14, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  10. President Obama Libya Speech Video March 18, 2011 Statement on U.N. Security Council Resolution | Shallow Nation - March 18, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  11. President Obama Weekly Address Video, Transcript March 19, 2011 (Radio, YouTube) | Shallow Nation - March 19, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  12. President Obama Libya Speech Video: March 28, 2011 Address at National Defense University | Shallow Nation - March 28, 2011

    [...] Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget Speech [...]

  13. President Obama Speech Video April 12, 2011 Address on National Initiative to Support and Honor America’s Service Members and Families | Shallow Nation - April 12, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  14. President Obama Town Hall Video April 19, 2011 Speech at Northern Virginia Community College in Annandale | Shallow Nation - April 19, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  15. President Obama Weekly Address Video, Transcript April 23, 2011 (Radio, YouTube) | Shallow Nation - April 23, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  16. President Obama Miami Dade College Commencement Speech Video April 29, 2011 | Shallow Nation - April 29, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  17. President Obama Honors 2011 National Teacher of the Year (Video) Award Ceremony | Shallow Nation - May 3, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  18. President Obama Ground Zero Video May 5, 2011: 9-11 Memorial Wreath Laying Ceremony | Shallow Nation - May 5, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  19. President Obama Fort Campbell, Kentucky Speech Video May 6, 2011: Address to U.S. Troops | Shallow Nation - May 6, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  20. President Obama National Hispanic Prayer Breakfast Speech Video May 12, 2011 | Shallow Nation - May 12, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  21. President Obama Middle East Speech Video May 19, 2011: Address on U.S. Policy in the Mideast and North Africa | Shallow Nation - May 19, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  22. President Obama, Israeli Prime Minister Netanyahu Speech Video, Transcript: May 20, 2011 at the Oval Office | Shallow Nation - May 20, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  23. President Obama Toledo, Ohio Speech Video June 3, 2011: Address at Chrysler Group Toledo Supplier Park | Shallow Nation - June 3, 2011

    [...] on Protests in LibyaObama Hillsboro, Oregon Speech Video: Feb. 18, 2011 Address at Intel CorporationObama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  24. Obama Merkel Press Conference Video: June 7, 2011 U.S. President, German Chancellor Joint News Conference | Shallow Nation - June 7, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  25. President Obama State Dinner with German Chancellor Merkel Live Stream Video June 7, 2011 | Shallow Nation - June 7, 2011

    [...] CorporationPresident Obama America’s Great Outdoors Initiative Speech Video Feb. 16, 2011Obama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  26. President Obama Puerto Rico Speech Video June 14, 2011 Address at Luis Munoz Marin International Airport | Shallow Nation - June 14, 2011

    [...] on Protests in LibyaObama Hillsboro, Oregon Speech Video: Feb. 18, 2011 Address at Intel CorporationObama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  27. President Obama Carnegie Mellon Univ. Speech Video June 24, 2011: Address in Pittsburgh, PA | Shallow Nation - June 24, 2011

    [...] 2011 (Radio, YouTube)President Obama Libya Speech Video Feb. 23, 2011 Statement on Protests in LibyaObama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  28. President Obama Debt Ceiling Speech Video July 5, 2011: Address on Debt Talks | Shallow Nation - July 5, 2011

    [...] 2011 (Radio, YouTube)President Obama Libya Speech Video Feb. 23, 2011 Statement on Protests in LibyaObama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  29. President Obama Twitter Town Hall Video July 6, 2011: Live Town Hall Meeting at the White House | Shallow Nation - July 6, 2011

    [...] 2011 (Radio, YouTube)President Obama Libya Speech Video Feb. 23, 2011 Statement on Protests in LibyaObama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  30. President Obama Weekly Address Video, Transcript July 23, 2011 (Radio, YouTube Video) | Shallow Nation - July 23, 2011

    [...] 2011 (Radio, YouTube)President Obama Libya Speech Video Feb. 23, 2011 Statement on Protests in LibyaObama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  31. President Obama Debt Ceiling Speech Video July 25, 2011: Presidential Address to the Nation on Budget Deficit Talks | Shallow Nation - July 25, 2011

    [...] 2011 (Radio, YouTube)President Obama Libya Speech Video Feb. 23, 2011 Statement on Protests in LibyaObama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  32. President Obama Debt Ceiling Speech Video July 29, 2011 | Shallow Nation - July 29, 2011

    [...] 2011 (Radio, YouTube)President Obama Libya Speech Video Feb. 23, 2011 Statement on Protests in LibyaObama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

  33. President Obama Debt Ceiling Speech Video July 31, 2011: Statement on Budget Deficit Agreement | Shallow Nation - July 31, 2011

    [...] 2011 (Radio, YouTube)President Obama Libya Speech Video Feb. 23, 2011 Statement on Protests in LibyaObama Press Conference Video: Feb. 15, 2011 Presidential News Conference, 2012 Budget SpeechPresident Obama Budget 2012 Speech Video Feb. 14, 2011 Address in Baltimore at Parkville Middle [...]

Leave a Reply