News / USA

Obama: Restoring Fiscal Responsibility a Shared Sacrifice

President Barack Obama and Vice President Joe Biden meet with the co-chairmen of the president's deficit reduction commission, including Alan Simpson, right, in the Oval Office of the White House in Washington, April 14, 2011
President Barack Obama and Vice President Joe Biden meet with the co-chairmen of the president's deficit reduction commission, including Alan Simpson, right, in the Oval Office of the White House in Washington, April 14, 2011

The Republican-controlled U.S. House of Representatives has approved a budget plan that imposes dramatic spending cuts on several domestic programs, including those that provide health coverage for the elderly.

Republicans won passage of the non-binding plan Friday in a 235 to 193 vote, with all Democrats in the chamber voting against it.

The Republican plan proposes cutting the deficit by $4 trillion over the next 10 years.

President Barack Obama condemned the Republican plan a few days ago, and presented his own plan aimed at cutting $4 trillion from the deficit over 12 years.

In his weekly address Saturday, Obama said cutting education and entitlements for seniors while giving tax breaks to the wealthiest Americans does not represent a shared sacrifice.

The president's proposal includes cutting spending and raising taxes on wealthy Americans.

The Republican plan is based on tax cuts and sharp cuts in non-defense spending.

Mr. Obama says defense spending is an area where more savings can be realized.  The president also says health care spending could be reduced through reform instead of deep cuts in Medicaid and Medicare, health care programs for the poor and the elderly.

In the weekly Republican address, Senator Tom Coburn says President Obama's plan rations health care, giving too much control to those who manage Medicaid and Medicare.

Coburn says the Republican plan would save Medicare by giving patients currently under 55 years of age access to health care equal to what members of Congress receive.

He said the plan would also provide states with grants to help the poorest patients.

The debate between plans is expected to be intensive as the issue moves to the Senate.

You May Like

Hong Kong Democracy Calls Spread to Macau

Macau and Hong Kong are China’s two 'special administrative regions' which gives them a measure of autonomy More

After Nearly 2 Years, Pistorius Remains Elusive

Reporter Anita Powell reflects on her experience covering the Olympic athlete's murder trial More

Kenyan Coastal Town Struggles With Deadly June Attacks

Three months after al-Shabab militants allegedly attacked their town, some Mpeketoni residents are still bitter, question who was really behind the assaults 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.
Obama to Ramp Up Anti-Ebola Efforts in Africai
X
Luis Ramirez
September 15, 2014 11:01 PM
President Barack Obama on Tuesday will unveil his plan to ramp up efforts against the spread of the Ebola virus in Africa. VOA White House Correspondent Luis Ramirez reports.
Video

Video Obama to Ramp Up Anti-Ebola Efforts in Africa

President Barack Obama on Tuesday will unveil his plan to ramp up efforts against the spread of the Ebola virus in Africa. VOA White House Correspondent Luis Ramirez reports.
Video

Video West Trades Accusations Over Ransoms

As world leaders try to forge a common response to the threat posed by Islamic State militants in Iraq and Syria, there is simmering tension over differing policies on paying ransoms. In the past month, the jihadist group has beheaded two Americans and one Briton. Both countries refuse to pay ransom money. As Henry Ridgwell reports for VOA from London, there is uncertainty in the approach of some other European nations.
Video

Video Scotland Independence Bid Stokes Global Interest

The people of Scotland are preparing to vote on whether to become independent and break away from the rest of Britain, in a referendum being watched carefully in many other countries. Some see it as a risky experiment; while others hope a successful vote for independence might energize their own separatist demands. Foreign immigrants to Scotland have a front row seat for the vote. VOA’s Henry Ridgwell spoke to some of them in Edinburgh.
Video

Video Washington DC Mural Artists Help Beautify City

Like many cities, Washington has a graffiti problem. Buildings and homes, especially in low-income neighborhoods, are often targets of illegal artwork. But as we hear from VOA’s Julie Taboh, officials in the nation's capital have come up with an innovative program that uses the talents of local artists to beautify the city.
Video

Video US Muslim Leaders Condemn Islamic State

Leaders of America's Muslim community are condemning the violent extremism of the Islamic State group in Iraq and Syria. The U.S. Muslim leaders say militants are exploiting their faith in a failed effort to justify violent extremism. VOA correspondent Meredith Buel reports.
Video

Video Americans' Reaction Mixed on Obama Strategy for Islamic State Militants

President Barack Obama’s televised speech on how the United States plans to “degrade and destroy” the group known as the Islamic State reached a prime-time audience of millions. And it came as Americans appear more willing to embrace a bolder, tougher approach to foreign policy. VOA producer Katherine Gypson and reporter Jeff Seldin have this report from Washington.
Video

Video Authorities Allege LA Fashion Industry-Cartel Ties

U.S. officials say they have broken up crime rings that funneled tens of millions of dollars from Mexican drug cartels through fashion businesses in Los Angeles. Mike O'Sullivan reports that authorities announced nine arrests, as 1,000 law enforcement agents fanned out through the city on Wednesday.
Video

Video Bedouin Woman Runs Successful Business in Palestinian City

A Bedouin woman is breaking social taboos by running a successful vacation resort in the Palestinian town of Jericho. Bedouins are a sub-group of Arabs known for their semi-nomadic lifestyle. Zlatica Hoke says the resort in the West Bank's Jordan Valley is a model of success for women in the region.


Carnage and mayhem are part of daily life in northern Nigeria, the result of a terror campaign by the Islamist group Boko Haram. Fears are growing that Nigeria’s government may not know how to counter it, and may be making things worse. More

AppleAndroid