Famous quote by Barack Obama

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We cant get to the 4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things
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"We can't get to the $4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things like medical research and education funding and food inspectors and the weather service. And we can't just do it by making seniors pay more for Medicare"

- Barack Obama

About this Quote

This quote by Barack Obama is emphasizing the requirement for an extensive method to decreasing the deficit spending. He is stating that cutting 12 percent of the budget, which includes essential services such as medical research, education funding, food inspectors, and the weather service, is inadequate to reach the $4 trillion in cost savings that is required. He is likewise saying that it is unfair to ask elders to pay more for Medicare in order to reach this objective. Obama is suggesting that a more thorough approach is needed to lower the budget deficit, one that does not rely entirely on cutting services or asking senior citizens to pay more. He is stressing the need for a balanced technique that considers the requirements of all citizens.

About the Author

Barack Obama This quote is written / told by Barack Obama somewhere between August 4, 1961 and today. He was a famous President from USA. The author also have 123 other quotes.

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