Madam President, when President Obama released his budget yesterday, he made one thing very clear: getting our economy back above water will require shared sacrifice. Few documents are more intricate and complex than our national budget. But beyond the numbers, what I found deep in this budget is an affirmation of our principles. Among those values is a commitment to recognize and adapt to reality--investing in what works and changing what does not. I appreciate the President's call for shared sacrifice and living within our means and, more than that, his willingness to do more than just talk but actually lead toward fiscal responsibility. He did not just talk about tough choices, he made them. I do not agree with all of his choices. I disagree with some of his cuts. But I cannot deny that by making the difficult decisions he showed leadership. I also found in the President's budget the recognition that we are not in a competition to determine who can cut the most; rather, we need to cooperate to discover where we can cut the smartest. This budget proposes a long-term plan to responsibly cut the deficit in half in President Obama's first term. It does not do that by blindly chopping zeros off bottom lines or eliminating programs wholesale. It invests in that which will grow our economy--such as education, such as innovation, and such as infrastructure.…
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