This week the President recaps a busy week, from strides on fiscal discipline, to financial stability, to cracking down on tax havens and tax breaks for shifting jobs overseas.
For his next big step, he calls for a credit card reform bill: “Americans know that they have a responsibility to live within their means and pay what they owe.
In this Weekly Address, the President discusses the government’s response to the 2009 H1N1 flu virus, urging that there is no need to panic but explaining that the federal government and American people nonetheless should take the necessary precautions.
This week the President reiterates a theme that has been a hallmark of his career, namely that “old habits and stale thinking” will simply not help us solve the new and immense problems our country faces.
With the process of going through the budget line by line in full swing, the President uses his Weekly Address to give some examples, big and small, of how the Administration is working to cut costs and eliminate waste.
The President discusses the breadth and depth of the global challenges we face, as well as our potential to address them through renewed international alliances. This week’s address was filmed aboard Air Force 1 amidst vital diplomatic stops at the G-20 Summit, a NATO summit, and bilateral meetings.
President Obama capped off a busy week in Washington remarking on new lending guidelines aimed at lowering mortgage payments; an initiative to generate funds for small business and college loans; the release of his administration’s first budget which includes $2T in deficit reduction; and the start of long overdue health care reform.
President Obama announces that the American Recovery and Reinvestment Act will start having an impact as soon as a few weeks from now, in the form of the quickest and broadest tax cut in history.
Unemployment claims are high, and one in 10 families owns a “home in distress” whatever that means.
His solution? He’s asked his economic team to “develop a bold plan…” Oh, I feel better, don’t you?
It seems hard to argue with point number one, adding energy efficiency in public buildings, but you have to ask yourself why this wasn’t done 15 or 20 years ago, don’t you? Where was the Clinton administration on this seemingly simple sounding task? Why was this ignored by 8 years of the Bush administration?