Sunday, July 3

Weekly Presidential Address for July 3 2011 (VIDEO)

President Obama's July 3rd 2011 Weekly Address: Cutting the Deficit and Creating Jobs

President Obama addresses the need to reduce the nation’s deficit while creating jobs across the country and wishes Americans a happy Fourth of July.

In this week’s address, President Obama spoke to the American people about reducing the nation’s deficit and creating jobs across the country. The President emphasized the need for Government to live within its means— just as families do—in order to put the nation on a fiscally sustainable path which is critical to long-term economic growth and job creation. To solve the deficit problem, Democrats and Republicans must make tough choices and look at every tax loophole and program for opportunities to save money. President Obama stressed the importance of trimming the budget while also making critical investments in education, research, and technology to spur job growth and invest in our future. As families and friends join together to celebrate Independence Day, the President reminded Americans that since our founding, we have overcome challenges by coming together to solve our nation’s problems.

Watch the video below or read the full transcript of the video by clicking here.

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