(Note: CSPAN is getting overwhelmed -- but keep trying, it's worth it.)
Here's Aminder's take:
Accepting the invitation to speak at the House GOP retreat may turn out to be the smartest decision the White House has made in months. Debating a law professor is kind of foolish: the Republican House Caucus has managed to turn Obama's weakness -- his penchant for nuance -- into a strength. Plenty of Republicans asked good and probing questions, but Mike Pence, among others, found their arguments simply demolished by the president. (By the way: can we stop with the Obama needs a teleprompter jokes?)Putz won't.
Anyway, Obama was masterful. Here's a sample.
THE PRESIDENT: Jeb, I know there's a question in there somewhere, because you're making a whole bunch of assertions, half of which I disagree with, and I'm having to sit here listening to them. At some point I know you're going to let me answer. All right.Devastating.
CONGRESSMAN HENSARLING: That's the question. You are soon to submit a new budget, Mr. President. Will that new budget, like your old budget, triple the national debt and continue to take us down the path of increasing the cost of government to almost 25 percent of our economy? That's the question, Mr. President.
THE PRESIDENT: Jeb, with all due respect, I've just got to take this last question as an example of how it's very hard to have the kind of bipartisan work that we're going to do, because the whole question was structured as a talking point for running a campaign.
Now, look, let's talk about the budget once again, because I'll go through it with you line by line. The fact of the matter is, is that when we came into office, the deficit was $1.3 trillion. -- $1.3 [trillion.] So when you say that suddenly I've got a monthly budget that is higher than the -- a monthly deficit that's higher than the annual deficit left by the Republicans, that's factually just not true, and you know it's not true.
And what is true is that we came in already with a $1.3 trillion deficit before I had passed any law. What is true is we came in with $8 trillion worth of debt over the next decade -- had nothing to do with anything that we had done. It had to do with the fact that in 2000 when there was a budget surplus of $200 billion, you had a Republican administration and a Republican Congress, and we had two tax cuts that weren't paid for.
You had a prescription drug plan -- the biggest entitlement plan, by the way, in several decades -- that was passed without it being paid for. You had two wars that were done through supplementals. And then you had $3 trillion projected because of the lost revenue of this recession. That's $8 trillion.
Now, we increased it by a trillion dollars because of the spending that we had to make on the stimulus. I am happy to have any independent fact-checker out there take a look at your presentation versus mine in terms of the accuracy of what I just said.