Reply #5: 7-15-11 press conference

[MyshkinCommaPrince]

http://www.whitehouse.gov/the-press-office/2011/07/15/press-conference-president

"It also requires cuts in defense spending, and I’ve said that in addition to the $400 billion that we’ve already cut from defense spending, we’re willing to look for hundreds of billions more."

...

"Just to be very specific, we’ve identified over a trillion dollars in discretionary cuts, both in defense and domestic spending. That’s hard to do. I mean, that requires essentially that you freeze spending. And when I say freeze, that means you’re not getting inflation so that these are programmatic cuts that, over the course of 10 years, you’d be looking at potentially a 10 percent cut in domestic spending. "

...

"On defense spending, a huge amount of their savings on the discretionary side came out of defense spending. I think we need to cut defense, but as Commander-in-Chief, I’ve got to make sure that we’re cutting it in a way that recognizes we’re still in the middle of a war, we’re winding down another war, and we’ve got a whole bunch of veterans that we’ve got to care for as they come home."

Obama's at least mentioning it. Hard to have any discussion, really, when the other side keeps fingers in the ears and just keeps repeating the same thing over and over. :(