Obama: Cutting Spending Would Dishonor U.S. History
President Barack Obama Wednesday argued that budget cuts that choke spending on clean energy and education would dishonor US history, previewing a 2012 campaign row with Republicans.
Obama defended his plans to invest in the economy of the future after Republican candidates pounced on dismal economic data to argue the president was consumed by European-style anti-market policies that slowed growth.
The president admitted that America was still going through tough economic times, but warned that the drive to cut the bulging US budget deficit should not come at the expense of future competitiveness.
“It is possible that we could choose… not to make investments in clean energy, or let tuition prices rise, and force more Americans to give up on the American dream,” Obama said at a northern Virginia community college