News / USA

Obama Praises House Vote on Fiscal Cliff

U.S. President Barack Obama delivers remarks next to Vice President Joe Biden (L) after the House of Representatives acted on legislation intended to avoid the
U.S. President Barack Obama delivers remarks next to Vice President Joe Biden (L) after the House of Representatives acted on legislation intended to avoid the "fiscal cliff," at the White House in Washington, Jan. 1, 2013.
Kent Klein
President Barack Obama declared victory Tuesday night in what he called "the central promise" of his presidency -- changing a tax code skewed in favor of the wealthy. 

Obama thanked leaders from both parties in both houses of Congress, and Vice President Joe Biden, for getting a bill passed to stop big tax increases and government spending cuts.

“The sum total of all the budget agreements we have reached so far proves that there is a path forward -- that it is possible, if we focus, not on our politics, but on what is right for the country,” the president said.



Obama campaigned for re-election on a promise to preserve tax breaks for the middle class but not the rich. He said the nation's deficit is still too high, but he will not negotiate with Congress over another increase in the nation’s borrowing limit. 

"The consequences for the entire global economy would be catastrophic -- far worse than the impact of a fiscal cliff," the president said.

Obama emphasized that the deficit needs to be reduced in a way that is "balanced," a goal he said will remain in place as long as he is president.

You May Like

US Border Patrol Union Accused of Taking Sides on Immigration

Report alleges agents leaking info to immigration opponents, appearing at their private events; Center for Immigration Studies director defends agents' actions More

Video Blind Somali Journalist Defies Odds in Mogadishu

Reporting from Somali capital for past decade, Abdifatah Hassan Kalgacal has been working at one of Mogadishu's leading radio stations covering parliament More

Video Rights Monitor: Hate Groups' Use of Internet to Inflame, Recruit Growing

Wiesenthal Center's Abraham Cooper says extremists have become skilled at celebrating violence, ideology on Web More

This forum has been closed.
Comment Sorting
Comments
     
by: John from: Maryland
January 02, 2013 5:56 PM
Did he delay it yes but he did that because he new there was no way to pass a bill that large in the time frame it needed to be passed . He took what was the biggest threat to 97% of us and got it taken care of why most of us were out having fun on new years they were working to make sure we didnt have to pay higher taxes and didnt loose tax breaks alot of families with kids depend on so please look at the facts before you make comments about the american people with a iq of 80 i think your looking at your own chart.

by: Mthiele from: Ottawa,Ontario
January 02, 2013 5:54 PM
It's impressive enough to think that there are enough people in the USA, making more than $400,000 a year (or $450K per couple), for the tax rate to be applied for it to be meaningful tax revenue. I don't think that's the case in many countries, including Canada. I always understood that the majority of tax revenue in the USA and elsewhere is generated from the poor and lower middle class--simply because there are so many more of them.

by: Farmboy from: Canada
January 02, 2013 12:50 PM
Only increasing tax on incomes over $450,000 is a gift to the wealthy , albeit lesser wealthy . I would have set the barrier at $100,000 . There is a lot of tax revenue between the two numbers .

by: Sami from: USA, WA
January 02, 2013 7:20 AM
I think I like this president. I like the attitude he portrays, but you always have to be watchful of people lying to you. I don't think the President is perfect, and neither is our political system, but making sure the wealthy pay higher rates increases the likelyhood that that money gets put to use responsibly, IF the government is responsible. Otherwise you're just relying on the good heart of rich people to spend that money in useful ways (i.e. school, healthcare as opposed to extravagant personal luxuries).
In Response

by: Subesh from: Cuba
January 02, 2013 12:49 PM
I think the Americans should wake up. Your President has just delayed addressing the economic problems which prevail in the US of A. It would seem that the majority of Americans must have an IQ of about 80 if they don't realize that Obama is in effect not dis-similar to the majority of the countries leaders on the African continent. Obama WILL eventually bring the USA to its knees!!!

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Hate Groups Spread Influence Via Interneti
X
Mike O'Sullivan
June 30, 2015 8:20 PM
Hate groups of various kinds are using the Internet for propaganda and recruitment, and a Jewish human rights organization that monitors these groups, the Simon Wiesenthal Center, says their influence is growing. The messages are different, but the calls to hatred or violence are similar. VOA's Mike O’Sullivan reports.
Video

Video Hate Groups Spread Influence Via Internet

Hate groups of various kinds are using the Internet for propaganda and recruitment, and a Jewish human rights organization that monitors these groups, the Simon Wiesenthal Center, says their influence is growing. The messages are different, but the calls to hatred or violence are similar. VOA's Mike O’Sullivan reports.
Video

Video US Silica Sand Mining Surge Worries Illinois Residents, Businesses

Increased domestic U.S. oil and gas production, thanks to advances known as “fracking,” has created a boom for other industries supporting that extraction. Demand for silica sand, used in fracking, could triple over the next five years. In the Midwest state of Illinois, people living near the mines are worried about how increased silica sand mining will affect their businesses and their health. VOA’s Kane Farabaugh has more in this first of a series of reports.
Video

Video Blind Somali Journalist Defies Odds in Mogadishu

Despite improving security in the last few years, Somalia remains one of the most dangerous countries to be a journalist – even more so for someone who cannot see. Abdulaziz Billow has the story of journalist Abdifatah Hassan Kalgacal, who has been reporting from the Somali capital for the last decade despite being blind.
Video

Video Texas Defies Same-Sex Marriage Ruling

Texas state officials have criticized the US Supreme Court decision giving same-sex couples the right to marry nationwide. The attorney general of Texas says last week's decision did not overrule constitutional "rights of religious liberty," and therefore officials performing wedding services can refuse to perform them for same-sex couples if it is against their religious beliefs. Zlatica Hoke reports on the controversy.
Video

Video Syrians Flee IS Advance in Hasaka

The Syrian government said Monday it has taken back one of several districts in Hasaka overrun by Islamic State militants. But continued fighting elsewhere in the northern city has forced thousands of civilians from their homes. In this report narrated by Bill Rodgers, VOA Kurdish Service reporter Zana Omer describes the scene in Amouda, where some of the displaced are taking refuge.
Video

Video Rabbi Hits Road to Heal Jewish-Muslim Relations in France

France is on high alert after last week's terrorist attack near the city Lyon, just six months after deadly Paris shootings. The attack have added new tensions to relations between French Jews and Muslims. France’s Jewish and Muslim communities also share a common heritage, though, and as far as one French rabbi is concerned, they are destined to be friends. From the Paris suburb of La Courneuve, Lisa Bryant reports about Rabbi Michel Serfaty and his friendship bus.
Video

Video S. Korea Christians Protest Gay Rights Festival

The U.S. Supreme Court decision mandating marriage equality nationwide has energized gay rights supporters around the world. Gay rights remain a highly contentious issue in a key U.S. ally, South Korea, where police did a deft job Sunday of preventing potential clashes between Christian protesters and gay activists. Kurt Achin reports from Seoul.
Video

Video Saudi Leaks Expose ‘Checkbook Diplomacy’ In Battle With Iran

Saudi Arabia’s willingness to wield its oil money on the global diplomatic stage appears to have been laid bare, after the website WikiLeaks published tens of thousands of leaked cables from Riyadh’s Ministry of Foreign Affairs. VOA's Henry Ridgwell reports.
Video

Video Nubians in Kenya Face Land Challenges

East Africa's ethnic Nubians have a rich cultural history that dates back thousands of years, but in Kenya they are facing hardships, including the loss of lands they have lived on for generations. They say the government has reneged on its pledge to award them title deeds for the plots. VOA's Lenny Ruvaga reports.
Video

Video Military Experts Question New Russian Tank Capabilities

Russia has been showing off its new tank design – the Armata T-14. Designers claim it is 20 years ahead of current Western designs - and driving it feels like playing a computer game. But military analysts question those assertions, and warn the cost could be too heavy a burden for Russia’s struggling economy. Henry Ridgwell reports.
Video

Video In Kenya, Police Said to Shoot First, Ask Questions Later

An organization that documents torture and extrajudicial killings says Kenyan police were responsible for 1,252 shooting deaths in five cities, including Nairobi, between 2009 and 2014, representing 67 percent of all gun deaths in the areas reviewed. Gabe Joselow has more from Nairobi.
Video

Video In Syrian Crisis, Social Media Offer Small Comforts

Za’atari, a makeshift city in Jordan, may be the only Syrian refugee camp to tweet its activities, in an effort to keep donors motivated as the war in Syria intensifies and the humanitarian crisis deepens. Inside the camp, families say mobile phone applications help hold together families that are physically torn apart. VOA’s Heather Murdock reports.

VOA Blogs