Today, President Obama spoke on the budget negotiations that have tied up congress over the past few weeks. While critiquing the Republican approach to budget-building, he laid out his own spending plan, which includes spending cuts that he said will cut the national deficit by $4 trillion over the next 12 years.
Below is a video, via www.whitehouse.gov, of today's speech, followed by a full transcript of the event, as released by the White House.