Weekly Address: President Obama on the Budget Compromise to Avoid a Government Shutdown

By Macon Phillips

After weeks of negotiations, President Obama and leaders from both the Democratic and Republican parties in Congress found common ground in an agreement about the United States' budget.  This means the government will remain open to serve the public, including small businesses who need need loans to grow, families who've applied for mortgages and others who are visiting national parks and museums.  It also means that hundreds of thousands of Americans - including brave men and women in uniform - will get paychecks on time.

In his Weekly Address, the President discusses the importance of the bipartisan budget agreement that represents both a significant investment in the United States' future - and the largest annual spending cut in our history.  See the video at WhiteHouse.gov .