News / USA

Obama Presses Case for 'Fiscal Cliff' Deal

President Barack Obama watches workers during a visit to the heavy duty engines line at the Daimler Detroit Diesel plant in Redford, Michigan, Monday, Dec. 10, 2012.
President Barack Obama watches workers during a visit to the heavy duty engines line at the Daimler Detroit Diesel plant in Redford, Michigan, Monday, Dec. 10, 2012.
— President Barack Obama used a truck manufacturing plant in the midwestern United States as the backdrop for a speech Monday about the economy, and the importance of achieving an agreement in fiscal negotiations with congressional Republicans.

Since winning reelection last month, Obama has twice used campaign-style speeches outside of Washington to underscore economic progress and to increase public pressure for a deal to avert hundreds of billions of dollars in automatic spending cuts and tax hikes at the end of the year.

A day after face-to-face talks with John Boehner, the Republican Speaker of the House of Representatives, Obama flew to Michigan to address workers at a truck engine plant owned by the German company Daimler.

At Detroit Diesel Corporation, a short distance from the auto manufacturing center of Detroit, the president highlighted a new $100 million investment that is expected to add new jobs.  He called it an example of the successful bet he made on the U.S. auto industry.

"So the word is going out all around the world," he said.  "If you want to find the best workers in the world, if you want to find the best factories in the world, if you want to build the best cars or trucks or any other product in the world, you should invest in the United States of America.  This is the place to do it."

On the fiscal negotiations between Congress and the White House, Obama said time is running out for an agreement to avert economic damage that would result from mandatory government spending cuts and expiring tax breaks in January.

The president wants the wealthiest Americans to pay more taxes to support future deficit reductions, and seeks to extend Bush-era tax cuts for families earning less than $250,000.

Congressional Republicans say higher taxes on the wealthy would hurt job growth.  They have proposed as much as $800 billion in new revenue as part of a deal, half of Obama's proposed $1.6 trillion revenue increase.  

Obama and congressional Democrats are also pressing the Republican-controlled House of Representatives to take up a bill approved by the Democratic-run Senate that would ensure a middle class tax cut.

On Capitol Hill, Senate Majority Leader Harry Reid asked this question of Republicans, "Will they cooperate with Democrats or will they force us to lurch from one crisis to the next in 2013, as they did in 2011 and 2012?"

In Michigan, Obama said he is willing to come to an agreement, but only on a balanced plan that would not sacrifice needed investments in the economy.

"I am willing to compromise a little bit," the president said. "But if we are serious about reducing our deficit we have also got to be serious about investing in the things that help us grow."

As the Obama-Boehner face-to-face meeting on Sunday showed, talks are continuing.  But last week, Boehner accused Obama of "slow walking" the negotiations.

Spokesman for both sides decline to characterize recent conversations.  White House Press Secretary Jay Carney says their main interest is in reaching an agreement, while "not trying to negotiate . . . through the media."

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.
Comment Sorting
Comments
     
by: kim sawyer from: pine hill nj
December 11, 2012 2:12 AM
I am an unemployed factory worker from New Jersey.Our president understand, Employment in America will be on the rise if we a people buy cars and trucks made in America.






















by: Anonymous
December 10, 2012 10:13 PM
obama wise

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