President Obama: We Took 'Scalpel' Not 'Machete' To Discretionary Budget03:55
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President Barack Obama makes a statement about his budget during a news conference on the White House. (AP)
President Barack Obama makes a statement about his budget during a news conference on the White House. (AP)

President Obama held his first news conference of the year, and defended his budget proposal as Republicans call for deeper cuts.  We speak with Ben Smith, reporter and blogger for Politico.

This segment aired on February 15, 2011.

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