Unveiling his budget proposal Wednesday at the White House, President Obama said the U.S. economy is “poised for progress” — as long as Washington doesn’t get in the way.
“Frankly, the American people deserve better than what we have been seeing, a shortsighted, crisis-driven decision making, like the reckless across-the-board spending cuts that are hurting a lot of communities out there, cuts that will cost us hundreds of thousands of jobs during the course of this year,” Obama said, according to a rush transcript.