WASHINGTON -- President Obama never had a helicopter, which he says might explain why he is perfectly happy with the current White House fleet and does not need a more costly one. 

At the conclusion of a fiscal summit Monday, Obama faced questions from Republican and Democratic lawmakers, including his former presidential rival, Sen. John McCain. McCain bemoaned cost overruns in military procurement. The new fleet of 28 Marine One helicopters -- now over budget at $11.2 billion -- will cost more than Air Force One, the presidential jetliner. 

Obama said the helicopter he has now seems adequate, adding that he never had a helicopter before and "maybe I've been deprived and I didn't know it." 

Obama said he has already talked to Defense Secretary Robert Gates about reviewing the program and its ballooning costs.