And we need to do it in a way, as the President has said, that cuts deeply, but does not cut the very investments that we need to make in education, infrastructure, research and development that will guarantee our success, job creation, and economic growth in the future.

WHITEHOUSE: Press Briefing

And comprehensive energy reform came up as a way of talking about and dealing with our investments in research and development and in jobs for the future.

WHITEHOUSE: Press Briefing

He argued it would be better to spend a "fraction of what we are currently mis-spending" on development aid on educating future leaders in "our best schools and universities".

BBC: Development aid debate