In his keynote address at the Associated Press Luncheon today, President Obama denounced the House Republican Budget calling it
a "Trojan Horse disguised as deficit reduction plan.”
The Republican budget plan, approved by the House last week last, cuts $5.3 trillion over the next ten years through deeps cuts in spending and entitlements.
President Obama spoke at the same Associate Press Luncheon four years ago when he was running for president. With this year’s appearance, the President joins every sitting president since Calvin Coolidge in addressing an Association Society of News Editors audience.