Quotes of the Day

U.S. President Barack Obama answers reporters' questions during a news conference in the East Room of the White House June 29, 2011 in Washington, DC.
Friday, Jul. 22, 2011

Open quoteThey're cuts that some people in my own party aren't too happy about. And frankly, I wouldn't make them if money weren't so tight.Close quote

  • on spending cuts he would agree to as part of a package to raise the debt ceiling before August 2; President Obama and Democrats want spending cuts balanced by revenue enhancements
Photo: Chip Somodevilla / Getty Images | Source: NY Times