Wednesday, February 13, 2013

State Of The Union Tonight

WASHINGTON (AP) - Reviving his re-election message, President Barack Obama will press a politically-divided Congress to approve more tax increases and fewer spending cuts during a State of the Union address focused on stabilizing the middle class and repairing the still-wobbly economy.

The agenda Obama will outline tonight before a joint session of Congress will include more money for infrastructure, clean energy technologies and manufacturing jobs, as well as expanding access to early childhood education.

White House spokesman Jay Carney said Obama would outline "his plan to create jobs and grow the middle class" as the nation struggles with persistently high unemployment.

Some of Obama's job ideas will be repackaged versions of proposals he made during his first term, though aides say there will be some new initiatives, too. All of the economic proposals are expected to echo themes from Obama's re-election campaign, which focused on using increased spending to generate jobs, protecting programs to help the middle class, and bringing down the deficit in part by culling more tax revenue from the wealthiest Americans.

Obama has called for raising more revenue through closing tax breaks and loopholes, but he has not detailed a list of targets. He and his aides often mention as examples of unnecessary tax breaks a benefit for owners of private jets and tax subsidies for oil and gas companies. Such measures are modest, however. Ending the corporate plane and oil and gas breaks would generate about $43 billion in revenue over 10 years.

Republicans have shown little sign of falling in line behind the president as he starts his second term, particularly when it comes to taxes.

Fact Box

WATCH THE SPEECH

President Barack Obama's State

of the Union address will begin at 9 p.m. today and will be carried on most of the major networks.

"Clearly the president wants more revenue for more government," Senate Minority Leader Mitch McConnell, R-Ky., said in an interview. "He's gotten all the revenue he's going to get. Been there, done that."

The backdrop for Obama's address will be a March 1 deadline for averting automatic across-the-board spending cuts, known as the sequester. The president wants lawmakers to push that deadline back for a second time to create space for a larger deficit-reduction deal, one he hopes would include a balance of targeted cuts and increased tax revenue. Republicans want to offset the sequester with spending cuts alone.

As he addresses lawmakers and the American people, Obama is expected to say that government entitlement programs should be on the table in deficit reduction talks. But he will also make the case that programs that help the middle class, the poor and the elderly must be protected.

In keeping with that approach, the White House said Monday that Obama would not consider increasing the Medicare eligibility age as a way to reduce spending.

A Quinnipiac University poll out Monday showed than 35 percent of registered voters are most interested in hearing the president during the State of the Union address the economy, more than any other issue. The federal deficit came in second, with 20 percent saying that was the issue they were most interested in hearing Obama discuss.

More than 50 percent of registered voters said they thought the economy was still in a recession and 79 percent described the economy as "not so good" or "poor."

Obama will also press Congress to support his proposals for changing the nation's immigration laws and tighten gun measures, though his remarks on both issues are expected to break little new ground and largely reflect his previous statements.

Still, the White House and some lawmakers will aim to use the atmospherics of the annual address to Congress to rally support for stricter gun laws.

Foreign policy will take a backseat to domestic issues, though Obama may discuss next steps for drawing down U.S. troops from Afghanistan and reducing the nation's nuclear stockpile.

The president will follow up his State of the Union address with three days of travel around the country. He'll start Wednesday in Asheville, N.C., where he'll visit Linamar Corp., a supplier of engine and transmission components that has expanded its manufacturing operations.

Obama is expected to reiterate his calls for revitalizing the U.S. manufacturing sector, perhaps reviving his campaign pledge to create 1 million new manufacturing jobs during his second term.

Source: http://www.theintelligencer.net/page/content.detail/id/581213.html

dst friends with kids pacific standard time northern mariana islands summer time coolio ricky rubio

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.