Obama talks about the deficit. Obama says he believes the GOP budget goal is worthy, but it doesn't ask anything of the wealthiest.
Of course, the republican philosophy is that the wealthiest are wealthy because they worked hard and are deserving. While that may be true, their efforts aren't any better than the worker that works hard. Truth is, getting rich is never just about hard work. Not everyone can be fortunate enough to be rich.
Read Obama's budget plan here. See the tax receipt Obama mentions here.