News / USA

Obama Campaigns for Passage of Tax Deal

President Barack Obama during a news conference at the White House, 07 Dec 2010
President Barack Obama during a news conference at the White House, 07 Dec 2010

President Barack Obama says the U.S. economy will move backward if lawmakers do not approve a deal to extend tax cuts for the rich in exchange for more unemployment benefits.  While some Democrats in Congress oppose the agreement, the Obama administration is pushing furiously to get it passed.

President Obama started a meeting of his Export Council Thursday by again lobbying for passage of the tax deal.

"Every economist that I have talked to or that I have read over the last couple of days acknowledges that this agreement would boost economic growth in the coming years and has the potential to create millions of jobs," he said.

The president said the outcome of the debate will determine whether the nation's economy moves forward or backward.

"If this framework fails, the reverse is true: Americans would see it in smaller paychecks.  That would have the effect of fewer jobs," said Obama.

The president said earlier in the week he remains opposed to extending the tax breaks for the wealthiest Americans that began during George W. Bush's presidency.  But Obama said he was not able to persuade Republicans to preserve tax cuts for the middle-class without doing so for the rich.

Meanwhile, members of the president's own Democratic Party in the House of Representatives voted Thursday to reject the deal in its current form.  House Speaker Nancy Pelosi said she would not bring it to the floor for a vote without changes.

Senate Majority Leader Harry Reid says he will bring the legislation to the floor of his chamber, but also wants changes.

Many Democrats, especially those from the party's liberal wing, are angry that the president compromised on what they believe is a main Democratic principle.

Since the deal was announced this week, Obama has emphasized the importance of averting tax increases for average Americans.  He held a quickly-arranged press conference on Tuesday, and spoke passionately about the issue.

The White House has also taken the unusual step of sending out a separate e-mail to reporters each time a member of Congress, state governor or city mayor announces support for the deal.

At Thursday's meeting on exports, Obama also talked about his goal of doubling U.S. exports within five years.

"Every one billion dollars that we increase in exports supports more than 5,000 jobs, and companies that export often pay better wages," he said.  "So a time when jobs are in short supply, growing our export markets is an imperative."

In addition, the president defended his recent free-trade agreement with South Korea, saying it will open the South Korean market to American goods and will support 70,000 American jobs.

You May Like

Lebanese Media Unite to Support Palestinians in Gaza

Joint newscast billed as Arab world’s first unified news bulletin in support of Hamas-controlled Gaza Strip More

Photogallery Australian PM Alleges ‘Coverup’ at MH17 Crash Site

Meanwhile, Russia's ambassador to Malaysia denies plane's black boxes were opened before they were handed over to Malaysian officials More

Despite Advances in AIDS Treatment, Stigma Lingers

Leading immunologist tells VOA that stigma is often what prevents those infected with disease from seeking treatment More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
IAEA: Iran Turns its Enriched Uranium Into Less Harmful Formi
X
July 22, 2014 10:26 AM
Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.
Video

Video IAEA: Iran Turns its Enriched Uranium Into Less Harmful Form

Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.
Video

Video Relic of Saint Draws Catholics Worried About Immigration Issue

A Roman Catholic saint who is a figure of devotion for those crossing the border into the United States is attracting believers concerned about the plight of undocumented immigrants. Mike O'Sullivan reports from Los Angeles, where a relic of Saint Toribio has drawn thousands to local churches.
Video

Video Ukraine Rebels Surrender MH17 Black Boxes

After days of negotiations, a senior separatist leader handed over two black boxes from an airliner downed over eastern Ukraine to Malaysian experts early Tuesday. While on Monday, the U.N. Security Council unanimously demanded that armed groups controlling the crash site allow safe and unrestricted access to the wreckage.
Video

Video In Cambodia, HIV Diagnosis Brings Deadly Shame

Although HIV/AIDS is now a treatable condition, a positive diagnosis is still a life altering experience. In Cambodia, people living with HIV are often disowned by friends, family and the community. This humiliation can be unbearable. We bring you one Cambodian woman’s struggle to overcome a life tragedy and her own HIV positive diagnosis.
Video

Video Nature of Space Exploration Enters New Age

Forty-five years ago this month, the first humans walked on the moon. It was during an era of the space race between the United States and the Soviet Union. World politics have changed since then and -- as Elizabeth Lee reports -- so has the nature of space exploration.
Video

Video Chicago’s Argonne Lab Developing Battery of the Future

In 2012, the U.S. Department of Energy’s Office of Science awarded a $120 million grant to a new technology center focused on battery development - headquartered at Argonne National Laboratory in suburban Chicago, Illinois. As VOA’s Kane Farabaugh reports, there scientists are making the next technological breakthroughs in energy storage.
Video

Video In NW Pakistan, Army Offensive Causes Massive Number of Displaced

Pakistan’s army offensive in North Waziristan has resulted in the large-scale displacement of the local population. VOA's Ayaz Gul reports from northwest Pakistan where authorities say around 80 percent of the estimated 1 million internally displaced persons [IDPs] have settled in Bannu district, while much of the remaining 20 percent are scattered in nearby cities.
Video

Video Kurdish Peshmerga Force Secures Kirkuk, Its Oil

The Kurdistan regional government has sent its Peshmerga troops into the adjacent province of Kirkuk to drive out insurgents, and to secure the area's rich oil fields. By doing this, the regional government has added a fourth province to the three it officially controls. The oil also provides revenue that could make an independent Kurdistan economically strong. VOA’s Jeffrey Young went out with the Peshmerga and filed this report.
Video

Video Malaysia Reeling: Second Air Disaster in Four Months

Malaysia is reeling from the second air disaster in four months involving the country’s flag carrier. Flight 340 vanished in March and despite an extensive search, no debris has been found. And on Thursday, Flight 17, likely hit by a surface-to-air missile, came apart over eastern Ukraine. The two incidents together have left more than 500 people dead. VOA Correspondent Steve Herman reports from Kuala Lumpur.

AppleAndroid