what a smart man and move. I love this president.

Obama: We Must Cut Government Waste In this weekend's YouTube address, President Obama discussed the need to cut the costs of government and to eliminate wasteful programs, and announced the appointments of Jeffrey Zients as Chief Performance Officer, and Aneesh Chopra as Chief Technology Officer:Obama says that the circumstances of the economy forced him to expand the federal deficit. But nevertheless, he added: "Without significant change to steer away from ever-expanding deficits and debt, we are on an unsustainable course."GOP Response Video: Congressman Praises Tea Parties In this weekend's RNC response YouTube, Rep. Kevin McCarthy (R-CA) lambasted big spending by the Democrats -- and praised the Tea Parties from this past week:"In fact, thousands of Americans turned out on Tax Filing Day to say they've had enough of the high taxes and borrowing to bankroll Washington's spending spree," said McCarthy. "I attended one of these Tea Parties in my hometown of Bakersfield, California, and believe me, the message was heard loud and clear."Obama At Summit Of The Americas President Obama is attending the Summit of the Americas in Trinidad and Tobago. He attended a multilateral meeting of the UNASUR countries at 8 a.m. ET, a plenary session at 9:30 a.m. ET, a head of state official photo session at 12 p.m. ET, and a working lunch at 12:30 p.m. ET. He will attend a plenary session at 2:30 p.m. ET, another at 4:15 p.m. ET, and an official dinner and cultural show at 8 p.m. ET.No Biden Events Today Vice President Biden is spending the day in Washington, D.C. He does not have an y public events scheduled.Obama Seeks "Equal Partnership" At Summit At the Summit of the Americas, President Obama sought to present a new "equal partnership" between the United States and the rest of the Western Hemisphere. "There is no senior partner or junior partner," said Obama. "There is just engagement based on mutual respect." Obama also said the U.S. seeks a "new beginning" with Cuba: "I know there is a lo...

The weekly Youtube address:

Obama says in weekly address he'll ask all departments, agency heads for specific budget cut proposals at his first full Cabinet meeting early next week.Also names former CEO Jeffrey Zients as chief performance officer and Virginia's Technology Secretary Aneesh Chopra as chief technology officer. Click above to watch. Transcript here.