HONOLULU — President Obama hailed a last-minute deal that avoids the so-called fiscal cliff but said it is just one step in a broader effort to boost the economy and shrink federal deficits.
Obama said in his radio and Internet address Saturday that the new law — approved by Congress on New Year’s Day and signed Thursday — raises taxes on the wealthiest Americans while preventing a middle-class tax increase that could have thrown the economy back into recession.
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our economy will never heal until Washington gets it's house in order, I don't see that happening anytime soon, the out of control spending will continue and the private sector will continue to stay stagnant. Maybe some day people will realize that government is hurting our economy.
Obviously you don['t watch the stockmarket, real estate news, etc.
pvalen, how about the unemployment rate, how about all the people that have stopped looking for work. The stock market doesn't reflect our economy, this proves it.
But Obama said he ‘‘will not compromise’’ over his insistence that Congress lift the federal debt ceiling. The nation’s credit rating was downgraded the last time lawmakers threatened inaction on the debt ceiling, in 2011." And the NY Times KNOW that will NOT boost the economy. It wll increase the recession. A completely DISHONEST headline by the Globe and story by the NY Times." Obama said in his radio and Internet address Saturday that the new law — approved by Congress on New Year’s Day and signed Thursday — raises taxes on the wealthiest Americans while preventing a middle-class tax increase that could have thrown the economy back into recession." Another total LIE by Obama. Obama now wants MORE Taxes. On YOU.
Already got a pay cut from the SS payroll tax, is there more coming down the road?
Gov. Mitt Romney could have dealt with this fiasco, what a missed opportunity for the U.S.A.
History will provide a realistic summary of Obama's two terms. But Democrats will never believe a word of it and argue against the facts into perpetuity.
the Senate last passed a budget in April 2009, 1,351 days ago as of Wednesday.