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HENSARLING: But this is what I don't understand, Mr. President. After that discussion, your administration proposed a budget that would triple the national debt over the next 10 years. Surely you don't believe 10 years from now we will still be mired in this recession. It proposed new entitlement spending and moved the -- the cost of government to almost 24.5 percent of the economy.
Now, very soon, Mr. President, you're due to submit a new budget and my question...
OBAMA: Jim (sic), I know there's a question in there somewhere, because you're making a whole bunch of assertions, half of which I disagree with.(LAUGHTER)
And I'm having to sit here listening to them. At some point, I know you're going to let me answer.
HENSARLING: That's...
OBAMA: All right.
HENSARLING: That's the question.
You are soon to submit a new budget, Mr. President. Will that new budget, like your old budget, triple the national debt and continue to take us down the path of increasing the cost of government to almost 25 percent of our economy? That's the question, Mr. President.
OBAMA: All right. Jim (sic), with all due respect, I've just got to take this last question as an example of how it's very hard to have the kind of bipartisan work that we're going to do, because the whole question was structured as a talking point for running -- running a campaign.TRANSCRIPT:
http://www.boomantribune.com/story/2010/1/29/15311/8475VIDEO:
http://cspan.org/Watch/Media/2010/01/29/HP/R/28993/President+Speaks+at+GOP+Retreat.aspx