Barack Obama actually said...

"We are not only proposing significant funding for our national security, but also being careful with those investments."

"I am hopeful that the meetings that we've had so far and the meetings that we expect to have throughout the course of this year will be of mutual benefit to both countries."

"But the point to remember is that there are consequences for this kind of spending."

"We can no longer afford to spend as if deficits don't matter and waste is not our problem."