The plan will reduce the deficit by very close to $500 billion, equally divided between spending cuts and revenue increases.

Almost all of the opposition has been generated by false claims that this plan has no deficit reduction, no spending cuts, and too much of a tax burden on the middle class.

It won one for the American people, but it also won one for the Senate itself.

This summer I got an emergency bill through Congress which will provide funds to Los Angeles and other cities to rehire police officers that have been laid off.

I also direct that the flag shall be flown at half-staff...

I think the bill will pass the Congress in the next couple of days and come right to me for my signature.

The Executive Order is an important element in the Administration's effort to reduce Federal spending and bureaucracy.

I hereby order, by the authority vested in me as President of the United States of America...

This is the largest program for deficit reduction in the history of the country, $500 billion.

I want the line-item veto very badly.

The Government should make a bigger sacrifice than the taxpayers.

People who can work should work, but if they do work, their families at home shouldn't be poor.

They want things done.

To think that this young girl at her age, to have that amount of courage to save a member of her family is really astonishing.

We shouldn't make it harder to work and support a family.

Half of this deficit reduction is coming from spending cuts.

Keep in mind that gasoline in America is the cheapest of any country in the world.

But under our system, the Federal Government can only do so much.