Obama explains lack of entitlement reform in budget

President Obama, responding to GOP criticism that his budget doesn’t tackle entitlement spending, said Tuesday he prefers to hammer out a deal with lawmakers to fix Medicare and Medicaid spending.

“If you look at the history of how these deals get done, it’s typically not because there’s an Obama plan out there,” Obama said during a Tuesday morning press conference. “It’s because Democrats and Republicans are committed to tackling the issue in a serious way.”

Obama said the healthcare reform law enacted last year set the stage for reforming healthcare entitlement spending. The Affordable Care Act slows the growth of Medicare spending by about $500 billion over 10 years.

House Speaker John Boehner (R-Ohio) on Tuesday vowed that Republicans “will not punt” on entitlement reform in their budget proposal this spring. Republicans are still mum, however, on the details of their plan.