Here is the transcript of President Obama's remarks on Monday afternoon at the White House, about the Standard and Poors downgrade of U.S. Government debt, the call for more budget cuts and Mr. Obama's thoughts on casualties this past weekend in Afghanistan involving special operations forces.

This was provided by the White House press office.

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A MARTA operator is seen inside the control room of one of the new MARTA trains during the unveiling of these trains on Thursday, Jan. 30, 2025. (Miguel Martinez/AJC)

Credit: Miguel Martinez-Jimenez