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Good evening I'm -- -- President Obama and Republicans both agree his budget is a blueprint.
The president -- it as a blueprint to deficit reduction and job creation.
Republican senator Marco Rubio calls it a blueprint for a recession.
Chief White House correspondent Ed Henry on the president's hopes to bridge the gap with a grand bargain.
-- don't Obama declared in the Rose Garden today that he can't have -- all.
More tax increases and more spending increases on his priorities with promises of spending cuts elsewhere.
The debate in this -- has raged between.
Reducing our deficits at all cost.
And of making the investments.
Necessary to grow our economy.
-- budget answers that argument because we can do both.
Get the top Republican on the Senate Budget Committee Jeff Sessions quickly noted while deficit -- in the short term.
The president's budget would -- eight point two trillion dollars in long term debt.
An increased government spending by 56%.
Over the next decade.
So the president plan to include a cut to Social Security benefits to woo Republicans on a grand bargain.
Did little to win speaker John Boehner -- He does deserve some credit cover some incremental entitlement reforms.
They -- has outlined in his budget.
-- I would hope that he would not.
Hold hostage these modest.
For his demand for bigger tax hit factories.
White House aides note the Social Security move is designed to win over rank and file Republicans not the leadership.
And quickly shot back -- cannot pick and choose the concessions.
Offer that is their first speaker Boehner is not an ala carte menu.
And you can't decide to only pick out.
The concessions the president has made a bigger problem for the president is the push for change CPI.
A -- calculation of the Consumer Price Index.
That will result in less government benefits is still sparking real anger on the left.
And among senior citizens with the powerful ARP declaring.
They're deeply dismayed by the president's plans for social security and Medicare cuts by saying quote.
It is wrong for the president to try to balance the budget by weakening the programs that provide the very foundation of retirement security.
For current and future generations.
Ask for all of his priorities like universal pre K for four year old -- infrastructure funding the president simply does not use the word spending.
My budget makes these investments to grow our economy and create jobs and it does so without adding a dime toward deficits.
How does the president do that.
With over one trillion dollars in new taxes including a tobacco tax of 94 cents to pay for that free universal pre can.
Now this hour waiting for Republican senators who arrived behind me for dinner with the president part two of that so called.
Charm offensive you can see the listeners about a dozen Republican senators coming over fox is just exclusively obtained.
The entire list from sources close to the dinner ranging from Lamar Alexander to Roger Wicker you've got conservatives like Orrin hatch moderates like Susan Collins also worth noting Marco Rubio from Florida invited.
Unclear if he's gonna come he has a scheduling conflict we're told but significant disease in the middle those immigration reform talks 'cause this is not just about the budget in a grand bargain the president is expected to cover a wide range of injury issues with these Republicans for.
And I -- of the north lawn Ed thank you.
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