In this weekâ€™s address, President Obama called ratifying New START this year â€œfundamentalâ€ to Americaâ€™s national security. Failure to ratify the treaty this year not only would mean losing our nuclear inspectors in Russia, but also it would undermine the international coalition pressuring Iran, put to risk the transit routes used to equip our troops in Afghanistan, and undo decades of American leadership and bipartisanship on nuclear security.
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In this weekâ€™s address, President Obama called for Congress to address the issue of earmarks — items inserted into spending bills without adequate review. The President has time and again called for new limitations on earmarks, and the Obama Administration has put in place higher standards of transparency, including www.earmarks.gov.
In his presidential address Saturday, President Obama lays out his priorities for the coming discussion about tax cuts, calling for compromise but making clear he cannot accept $700 billion in deficits or an increase in middle class taxes.
Ahead of the elections, in his weekly address the President says no matter what happens both parties must work together to boost the economy, and expresses concern about statements to the contrary from Republican Leaders.
In this weekâ€™s address, President Obama called out the Republican leadership in Congress for vowing to repeal Wall Street reform, which will protect Americans from unfair practices in mortgage transactions and foreclosures. The Wall Street reform law also set new rules so that taxpayers will never again be on the hook for a bailout if a big financial company goes under, helps rein in the secret deals and reckless gambling that nearly brought the financial system down, and set up the strongest consumer protections in history. The special interests fought hard against reform, spending millions to preserve a system that worked better for them than for middle class families. And now, the GOP leadership is calling for repealing this law and that would take the country backwards.
In this weekâ€™s address, President Obama laid out a policy agenda that would strengthen our economy and create jobs right here in America by offering tax incentives to businesses that hire new employees, making the research and experimentation tax credit permanent and providing a tax cut for clean energy manufacturing. The President also wants to close tax loopholes worth billions of dollars that encourage companies to invest in overseas, while Republicans in the House have voted 11 times in just the last four years to keep those loopholes open.
In this weekâ€™s address, President Obama said that, even as we work to rebuild our economy and jumpstart job creation, it is imperative that we offer our children a quality education in order for America to succeed in the 21st century. While Republicans in Congress are looking to cut education funding by 20 percent, the President remains committed to enacting reforms that provide every child with a world-class education while at the same time equipping them with the skills and training they need to compete in the new global economy. The President will continue fighting for an education system that helps to build a strong middle class and gives our children the best possible chance in life.