News / USA

Obama: Budget Cuts Can Be Averted

President Barack Obama answers a question from a reporter during his meeting with Japan's Prime Minister Shinzo Abe at the White House, Feb. 22, 2013.
President Barack Obama answers a question from a reporter during his meeting with Japan's Prime Minister Shinzo Abe at the White House, Feb. 22, 2013.
Kent Klein
President Barack Obama is increasing pressure on opposition Republicans in Congress to avert a series of mandatory spending cuts that are to take effect on March 1. The president also sought Friday to reassure the world economy about the possible effects of the cuts.

Obama called it a “no-brainer,” a simple decision. He said it should be easy for Republican lawmakers to find ways to prevent $85 billion in government budget cuts from taking effect next Friday.

Otherwise, he warned that the U.S. and global economies could suffer.

“These kinds of arbitrary, automatic cuts would have an adverse impact on families, on teachers, on parents who are reliant on Head Start programs, on our military readiness, on mental health services, on medical research. This is not a smart way for us to reduce the deficit,” said Obama.

But while meeting with Japanese Prime Minister Shinzo Abe in the Oval Office, the president sent a message to world leaders that the automatic budget cuts would not threaten the world financial system.

“It is not like the equivalent of the U.S. defaulting on its obligations. What it does mean, though, is that if the U.S. is growing slower, then other countries grow slower, because we continue to be a central engine in world economic growth. So I do not think anybody would like to see this outcome.”

The Republicans who control the House of Representatives are threatening to let the cuts take effect, because they say excessive government spending is the top threat to the U.S. economy.
 
House Speaker John Boehner said the reductions should stay in effect until cuts and reforms are enacted that would lead to a balanced budget.

The Obama administration has been sending numerous warnings in recent days about the possible effects of the cuts. Transportation Secretary Ray LaHood told reporters the slashed budget would affect air traffic control and airplane maintenance, and would cause widespread flight delays.

“Flights to major cities, like New York, Chicago and San Francisco and others, could experience delays of up to 90 minutes during peak hours, because we have fewer controllers on staff. Delays in these major airports will ripple across the country,” said LaHood.

State governors from the president’s Democratic Party, after meeting with Obama at the White House, said the budget crisis would hurt their state economies.

Governor Peter Shumlin of the Northeastern state of Vermont said many states’ economies are just beginning to come back from years of economic crisis.

“We cannot afford to put at risk jobs and the recovery,” said Shumlin.

The White House has called for a combination of less severe budget cuts and tax increases to prevent the deeper automatic cuts from taking effect.

Republican lawmakers say they agreed to one round of higher taxes in the so-called “fiscal cliff” negotiations at the end of 2012, and they will not tolerate another.

You May Like

UN: 1 Million Somalis at Risk of Hunger

Group warns region is in dire need of humanitarian aid, with at least 200,000 children under age of five acutely malnourished as drought hits southern, central part of nation More

Human Rights Groups Allege Supression of Freedoms in Thailand

Thailand’s military, police have suppressed release of independent report assessing human rights in kingdom during first 100 days of latest coup More

Jennifer Lawrence Contacts FBI After Nude Photos Hacked

'Silver Linings Playbook' actress' photos were posted on image-sharing forum 4chan; Federal Bureau of Investigations is looking into matter More

This forum has been closed.
Comment Sorting
Comments
     
by: Bev from: Florence, Or
February 22, 2013 8:09 PM
The budget is a joke. Why has our government come to a point that very few men in Congress control this countries future. What happen to the democracy we are so proud of. It is time we address the budget, there is alot of fraud and excess spending but not in general services. Where is the money spent and who profits from it? Who handles government contracts, and who get kick backs? That is the true issue.

In Response

by: NVO from: USA
February 24, 2013 1:27 PM
We are a CONSTITUTIONAL REPUBLIC, that has become SOCIALIST, by an AUTOCRATIC REGIME, that throngs of foolish people voted for. We are NOT a democracy and never was. The Regime wants you to believe we are a democracy which equals MORE GOVERNMENT. THE NEW WORLD ORDER is here.....beware.


by: Sunshineman from: Arizona
February 22, 2013 7:54 PM
When the recession began and business slowed down, the first thing my company did (a fortune 100 company) was cut everyone's budget. Everyone was cut about 10%. Initially everyone complained that the 'world was going to end', that the cuts were going to 'kill the company'. Guess what? Nothing of the sort happened. Each department when through their budgets and cut what needed to be cut. Our government could use that. I don't believe the 'scare tactics' that the politicians are using to protect their 'fiefdoms'. I say let the cuts go into effect. None of the doom and gloom will happen. The government will be forced to be more efficient. Departments will cut what doesn't work. Letting the politicians choose what to cut is not a good idea. They will simply threaten to cut those programs which people want, like police, fire, and education while protecting useless programs. The fact of the matter is that they lie to protect the money. Let the cut's happen. We will be better off in the long run.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Ukraine Schools Resume Classes, Donate to Government Forcesi
X
September 02, 2014 12:58 PM
A new school year has started in Ukraine but thousands of children in the war-torn east are unable to attend because of ongoing clashes with pro-Russia rebels. In Ukraine's capital, patriotic education has become the norm along with donations to support injured security forces fighting to take back rebel-held areas. VOA's Daniel Schearf reports from Kyiv.
Video

Video Ukraine Schools Resume Classes, Donate to Government Forces

A new school year has started in Ukraine but thousands of children in the war-torn east are unable to attend because of ongoing clashes with pro-Russia rebels. In Ukraine's capital, patriotic education has become the norm along with donations to support injured security forces fighting to take back rebel-held areas. VOA's Daniel Schearf reports from Kyiv.
Video

Video US Detainees Want Negotiators for Freedom in North Korea

The three U.S. detainees held in North Korea were permitted to speak with foreign media Monday. The government of Kim Jong Un restricted the topics of the questions, and the interviews in Pyongyang were limited to five minutes. Each of the men asked Washington to send a representative to Pyongyang to secure his release. VOA’s Carolyn Presutti has our story.
Video

Video Internet, Technology Offer New Tools for Journalists

The Internet and rapidly evolving technology is quickly changing how people receive news and how journalists deliver it. There are now more ways to tell a story than ever before. One school in Los Angeles is teaching the next generation of journalists with the help of a state-of-the-art newsroom. Elizabeth Lee has this report.
Video

Video Turkmen From Amerli Describe Survival of IS Siege

Over the past few weeks, hundreds of Shi'ite Turkmen have fled the town of Amerli seeking refuge in the northern city of Kirkuk. Despite recent military gains after U.S. airstrikes that were coordinated with Iraqi and Kurdish forces, the situation remains dire for Amerli’s residents. Sebastian Meyer went to Kirkuk for VOA to speak to those who managed to escape.
Video

Video West Africa Ebola Vaccine Trials Possible by Early 2015

A U.S. health agency is speeding up clinical trials of a possible vaccine against the deadly Ebola virus that so far has killed more than 1,500 people in West Africa. If successful, the next step would be a larger trial in countries where the outbreak is occurring. VOA's Carol Pearson has more.
Video

Video Survivors Commemorate 70th Anniversary of Nazi Liquidation of Jewish Ghetto

When the German Nazi army occupied the Polish city of Lodz in 1939, it marked the beginning of a long nightmare for the Jewish community that once made up one third of the population. Roughly 200,000 people were forced into the Lodz Ghetto. Less than 7,000 survived. As VOA’s Kane Farabaugh reports, some survivors gathered at the Union League Club in Chicago on the 70th anniversary of the liquidation of the Lodz Ghetto to remember those who suffered at the hands of the Nazi regime.
Video

Video Cost to Raise Child in US Continues to Rise

The cost of raising a child in the United States continues to rise. In its latest annual report, the U.S. Department of Agriculture says middle income families with a child born in 2013 can expect to spend more than $240,000 before that child turns 18. And sending that child to college more than doubles that amount. VOA’s Deborah Block visited with a couple with one child in Alexandria, Virginia, to learn if the report reflects their lifestyle.
Video

Video Chaotic Afghan Vote Recount Threatens Nation’s Future

Afghanistan’s troubled presidential election continues to be rocked by turmoil as an audit of the ballots drags on. The U.N. says the recount will not be completed before September 10. Observers say repeated disputes and delays are threatening the orderly transfer of power and could have dangerous consequences. VOA correspondent Meredith Buel reports.

AppleAndroid