President Obama Blasts GOP’s "Worn-Out Philosophy"

President Obama blasted the GOP’s “Pledge to America” Saturday as nothing but a plan to continue “disastrous” policies of the George W. Bush administration.

The pledge, which Republicans unveiled Thursday, aims to slash government spending and cut taxes, as well as repeal Obama’s health care overhaul and economic stimulus program.

The pledge is “an echo of a disastrous decade we can’t afford to relive,” Obama said in his weekly Internet address.

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