White House: Continues to Be Real Differences on Debt

The transcript discusses the president's budget priorities, emphasizing deficit reduction by cutting wasteful spending, such as subsidies for Big Oil. It highlights the need for a bipartisan agreement to avoid economic risks like recession and job loss. The president's team is committed to negotiating in good faith, with optimism for a successful outcome. The importance of compromise in democracy is stressed, and the president's confidence in reaching a deal is reiterated.

What is one of the main goals of the president's budget plan?

• Cut taxes for the wealthy

• Expand military spending

• Reduce the deficit by $3 trillion over 10 years

• Increase subsidies for Big Oil

What is necessary for a successful bipartisan agreement on the budget?

• Ignoring economic risks

• Support from only one political party

• Complete agreement on all points

• Cooperation between Republicans and Democrats

What could happen if a budget agreement is not reached?

• Taxes could be eliminated

• Millions of Americans could lose their jobs

• The economy could grow rapidly

• The deficit would automatically decrease

What is the president's attitude towards the budget negotiations?

• Indifferent and uninterested

• Pessimistic and doubtful

• Hostile and confrontational

• Optimistic and confident

What is emphasized as a core aspect of democracy in the negotiation process?

• Getting everything you want

• A little bit of give and take

• Ignoring the other party's views

• Making unilateral decisions