Barack Obama: "We Need Some Adult Supervision On The Budget..."

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Barack Obama: "We need some adult supervision on the budget..."

Obama was on Face the Nation today and talked about Katrina.

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Obama questions if there is an awakening on race and poverty by the President and his administration. Bob asked if we should raise taxes to pay for the damage. (rush transcript)

Obama: This I think is where the problem comes in. You can't fight a war in Iraq that's costing upwards of 200 billion dollars and rebuild Katrina-rebuild N.O. and respond to the aftermath of Katrina-and try to deal with all the other domestic needs that we have, and- then cut taxes for the wealthiest 1% of Americana. I mean there was talk right-immediately after the hurricane that the republicans in the senate were still going to push forward with the repeal the estate tax which is mind boggling I think. We need some adult supervision of the budget process...

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