Transcript: President Obama jokes with the press at the Gridiron dinner

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The following text is the transcript from President Obama’s remarks at the Gridiron dinner held by the press at the Washington Renaissance Hotel:

THE PRESIDENT:  Before I begin, I know some of you have noticed that I’m dressed a little differently from the other gentlemen.  Because of sequester, they cut my tails.  (Laughter.)  My joke writers have been placed on furlough.  (Laughter.)  I know a lot of you reported that no one will feel any immediate impact because of the sequester.  Well, you’re about to find out how wrong you are.  (Laughter.)

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