In his weekly address, President Obama explained how he would pay for the economic stimulus and his recently announced budget. Obama said he was elected to enact an agenda of change and is preparing to fend off the powerful special interests intent on blocking it. He said:
“…I know that oil and gas companies won’t like us ending nearly $30 billion in tax breaks, but that’s how we’ll help fund a renewable energy economy that will create new jobs and new industries. I know these steps won’t sit well with the special interests and lobbyists who are invested in the old way of doing business, and I know they’re gearing up for a fight as we speak. My message to them is this: So am I.”
Watch it:
Full transcript of Pres. Obama’s address after the jump…
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