W.H.: Obama’s Scrapped 529 Plan Will Still Be His 2015 Budget

NN FEMALE REPORTER: "To follow up. The president is going to release his budget on Monday and I have another 529 question. If the president believe that the 529 proposal was the right policy and now he's arguing that he has changed his mind because it became a political distraction, how are we supposed to appraise the blowback that would [adhere] to the president's budget on Monday on the policies that get some sort of political blowback distractions that should be [indecipherable] from the budget? How do we evaluate that?"

SCHULTZ: "Why are you anticipating blowback from the budget? [Crosstalk] (Laughter) You don't think it will be received with the universal acclaim? I do want to give you one heads up for your planning which is the 529 piece will still be in the written budget that's released. The announcement yesterday was made after the book was in the shop to be produced, so just for your planning."