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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