[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/03/18/art.getty.obama.3.3.jpg caption="The president first held a prime time press conference in early February."]WASHINGTON (CNN) - President Obama will hold his second prime time news conference next Tuesday evening at 8 pm ET, the White House announced Wednesday.
The president is expected to use the forum to promote his ambitious budget plan, which has come under fire from Republicans and conservative Democrats for its hefty price tag.
He’s also likely to face questions about the ongoing controversy surrounding bonuses paid out by insurance giant AIG.
CNN and CNN.com will have extensive live coverage of the news conference.
Obama held his first prime time news conference in February amid his push to get his economic recovery package passed.