Obama: If I Could Do It Again, ‘I Think I Would Have Closed Guantanamo on the First Day’ [+video]

President Barack Obama slammed Republicans’ latest budget proposals on Wednesday, saying funding for research, education and infrastructure would be better for economic growth than tax cuts.

In a speech at the City Club of Cleveland, Obama mocked Republicans for turning to tax cuts in a budget that “doubles down on trickle-down” economics..

“Republicans in Congress have put forward the same proposals year after year after year regardless of the realities of the economy,” Obama said. “When the economy’s in a slump? We needed tax cuts. When the economy’s doing well? You know what – let’s try some tax cuts,” he said.

In another issue that has divided Washington, Obama said he wished he had closed the U.S. prison in Guantanamo Bay, Cuba, on his first day in office. His efforts to close the controversial facility have since been thwarted largely because of Republican opposition.

Obama said the budget plan put forward this week by Republicans in the House of Representatives would cut funding to centers that help manufacturing, a sector critical to the economy of northeast Ohio, home to plants owned by Ford, GM, Goodyear and Sherwin-Williams Co. (Read more from “Obama: If I Could Do It Again, ‘I Think I Would Have Closed Guantanamo on the First Day’ [+video]” HERE)

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