President Obama was in Scranton , Pennsylvania , today to talk about his jobs bill. About 1,000 people showed up to listen to him, according to the Washington Post.
As always, the President turned on the “common touch” to try to convince his audience that he represents them and that the Republican Party is “out of touch” as he put it with America and its people. As proof, he offered up the image of the GOP congressional contingent refusing to vote for the payroll tax break and the Social Security reduced payments that expire on 31 December.
“What’s it going to be?” he asked, adding that the GOP’s actions don’t reflect who “we are as a people….We are better than that. America is better than that.”
But in this particular case, Republican leaders have already signaled a willingness to support the payroll tax cut, according to Senator Minority Leader Mitch McConnell. “Republicans will put aside their misgivings and support this [payroll tax cut] extension, not because we believe, as the president does, that another short-term stimulus will turn this economy around, but because we know it will give some relief to struggling workers out there who continue to need it nearly three years into this presidency.”
Republicans are battling the President and the Democrats over how to pay for the measures. On Wednesday, Senate Republicans offered a proposal to extend the current pay freeze for federal workers for three more years, trim the federal workforce by 10% and force high earners to pay more for programs such as Medicare. The wealthy would also be blocked from receiving benefits such as food stamps and unemployment insurance.
Together, according to the Congressional Budget Office analysis of the GOP proposals, those provisions would save nearly $250 billion over the next decade, enough to extend the payroll tax break until the end of 2012 and to cut deficits over the next decade by about $110 billion.
Senate Democrats immediately rejected the proposal and have proposed a 3.25% surtax on millionaires to pay for extending and expanding the payroll tax break.
Obama sought to highlight that alternative in Scranton , attacking the GOP for refusing to consider tax increases on the wealthy.
We will debate the ideas floating now and in 2012 about how to reduce the federal deficit and bring the budget into control, but today I would like to point out EUROPE .
Mr. Obama is still on his spend and tax binge that he brought with him into the White House in 2008 and the only thing he has to show for it is the Standard & Poor’s lowering of the quality of US Treasury Bonds below AAA and suggesting that the country is on a negative watch that could force S&P to lower the Bond ratings even further.
EUROPE - is sinking in its red ink and two days ago, it was not their banks, but the national banks of Japan, Canada, Great Britain, Switzerland and the United States that pumped enough UD dollars and other currencies into European central banks to keep European banks from freezing up during the supposedly 10-day window left for putting things right fiscally all over Euroland.
HAS PRESIDENT OBAM LEARNED NOTHING FROM ALL THIS???
IS HE SO STUPID THAT HE CANNOT PUT 2 and 2 TOGETHER AND SEE THAT IF THE UNITED STATES DOES NOT GET ITS FISCAL HOUSE IN ORDER THE SAME THING WILL HAPPEN HERE?
OR IS HE JUST SO DETERMINED TO LIVE AT 1500 PENNSYLVANIA
AVENUE FOR ANOTHER 4 YEARS, THAT HE WIL LIE, CHEAT, PAINT ALL REPUBLICANS AS OGRES, AND DO ANYTHING ELSE REQUIRED TO BE RE-ELECTED?
Decide for yourselves, because frankly, I’m becoming sick of his antics and tired of his theatrics.
ANYONE BUT OBAMA…..ANYONE !
I think Mr. Obama would turn and say to you, "Frankly my dear, I don't give a damn". And that precisely is what is wrong with this man and with his administration. Vive Anyone but Obama!.
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