U.S. President Barack Obama holds a press conference on energy and technology spending in FY 2010 budget request

President Obama talks about clean energy research and investment. Susan Hockfield, President of MIT, discusses the advantages of federal research grants. Paul Holland, CEO of Serious Materials, discusses the expansion of his green building materials corporation. President Obama outlines an energy program that draws on the administration's stimulus package for $39 billion at the Department of Energy and $20 billion in tax incentives for clean energy. He also talks about proposed budget spending to make permanent existing tax cuts for energy research and experimentation.