Obama: Republican budget would shrink opportunity

President Obama says the Republican budget proposal would shrink opportunity and make it tougher for hard-working Americans to get ahead.

In his weekly radio and Internet address, Obama says House Budget Chairman Paul Ryan’s budget gives massive tax cuts to the rich while cutting programs like education and research that spur job growth. The president says Republicans would also take away insurance from 7 million who enrolled through his health care law and would gut financial protections.