White House Gets Heat from Both Sides on Budget

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The White House is making the case for President Obama's budget which is scheduled to be formally released Wednesday morning.

The plan calls for more new taxes, but Republicans say they won't go along with another tax hike after the one at the beginning of the year.The plan also includes new spending for education and public works projects.

Some Democrats don't like the measures about cutting back on some spending in Social Security and other benefit programs.

Meanwhile, White House senior adviser Dan Pfeiffer told Republicans their "my way or the highway" approach will lead to the GOP's defeat in upcoming budget negotiations. He's also warned Obama's Democratic allies that they will have to bend on the spending plan that is due Wednesday.

"Look, this is compromise," Pfeiffer said on Sunday. "And compromise means there are going to be some folks on both sides who are not happy."

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