Obama: Ryan Plan Would Lead To "Fundamentally Different" America

Fresh off brokering a spending cut deal last weekend that narrowly prevented a government shutdown, President Obama counters the GOP’s 2012 budget plan on Wednesday by proposing a series of spending cuts, tax increases and entitlement reforms that would reduce the nation’s deficit by $4 trillion over the next 12 years. 

Obama commented on Rep. Paul Ryan’s budget plan, and noted that while it is a noble ambition, it would lead to a “fundamentally different America.” (0:36)

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