"I believe we should work together to build on the more than $2.5 trillion of deficit reduction we’ve already achieved. But I believe we should do it in a balanced way – with smart spending cuts, entitlement reform, and tax reform. That’s my plan. It's got tough cuts, tough reforms, and asks more of the wealthiest Americans. It's on the White House website for everyone to see." —President Obama in his Weekly Address:http://wh.gov/sequester
