Journal Express, Knoxville, IA

Politics

January 14, 2013

President Obama's end-of-term press conference

(Continued)

Washington, D.C. —

 
 
 
And that view was rejected by the American people when it was debated during the presidential campaign.  I think every poll that’s out there indicates that the American people actually think our commitment to Medicare or to education is really important, and that’s something that we should look at as a last resort in terms of reducing the deficit, and it makes a lot more sense for us to close, for example, corporate loopholes before we go to putting a bigger burden on students or seniors. 
 
 
 
But if the House Republicans disagree with that and they want to shut down the government to see if they can get their way on it, that’s their prerogative.  That’s how the system is set up.  It will damage our economy. 
 
 
 
The government is a big part of this economy, and it’s interesting that a lot of times you have people who recognize that when it comes to defense spending -- some of the same folks who say we’ve got to cut spending, or complain that government jobs don’t do anything, when it comes to that defense contractor in their district, they think, wow, this is a pretty important part of the economy in my district and we shouldn’t stop spending on that.  Let’s just make sure we’re not spending on those other folks.
 
 
 
     Q    -- find agreement with Republicans on this and --
 
 
 
     THE PRESIDENT:  Look, my hope is, is that common sense prevails.  That’s always my preference.  And I think that would the preference of the American people, and that’s what would be good for the economy.
 
 
 
     So let me just repeat:  If the issue is deficit reduction, getting our deficits sustainable over time, getting our debt in a sustainable place, then Democrats and Republicans in Congress will have a partner with me. 

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