Obama talks tough on deficit at Philadelphia fundraiser
June 30th, 2011
06:56 PM ET
11 years ago

Obama talks tough on deficit at Philadelphia fundraiser

Philadelphia (CNN) – President Obama Thursday continued his tough talk on negotiations that surround raising the debt ceiling, telling a packed ballroom of supporters in Philadelphia he will not agree to the broad spending cuts some Republican leaders in Congress are demanding.

"I am prepared to bring our deficit down by trillions of dollars. That's with a T, trillions. But I will not reduce our deficit by sacrificing our kids' education… by eliminating medical research being done by our scientists," Obama said to a largely enthusiastic crowd. "I won't sacrifice rebuilding our roads, and our bridges, and our railways and our airports."


Filed under: Deficit • President Obama
soundoff (4 Responses)
  1. GI Joe

    Way to GO !!!!

    June 30, 2011 07:47 pm at 7:47 pm |
  2. Four and The Door

    It is becoming clear with Obama that with him the debt will only go higher. Spending will only increase and taxes will only rise. Apparently he heard nothing from the American voters who spoke loudly and clearly in November. He was not listening to us. That's his choice. The shellacking will be completed next year.

    June 30, 2011 07:59 pm at 7:59 pm |
  3. Z

    Does the president release there is more middle class than the rich and wealthy. Focus on the middle class and stop picking on the rich. They pay their dues . You continue the middle class is hurting.

    June 30, 2011 08:23 pm at 8:23 pm |
  4. Mariee

    He needs to try and get tough and not give in, if he doesn't I will stay home at the next election in 2012.

    June 30, 2011 08:59 pm at 8:59 pm |