Obama: I made a mistake in dressing down "Jack Ryan" during my budget speech

In the interview conducted July 11 — about a month before Ryan was tapped as Mitt Romney’s running mate – the president also misstated the first name of the man who is now on the opposing presidential ticket.

“I’ll go ahead and say it – I think that I was not aware when I gave that speech that Jack Ryan was going to be sitting right there,” the president told Woodward according to audio transcripts of their conversations, provided to ABC News.