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

Video Migrants Caught in No-Man's Land In French Port

The deaths of hundreds of migrants in the Mediterranean this week has only recast the spotlight on the perils of reaching 'Fortress Europe' More

Video Westgate Mall Attack Survivors Confront Painful Memories

On anniversary of terror attack, survivors discuss how they have coped with trauma they experienced that day More

New Hints That Dark Matter Exists

New evidence from International Space Station hints at existence of dark matter and dark energy 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.
Migrants Caught in No-Man's Land Called Calaisi
X
Lisa Bryant
September 19, 2014 5:04 PM
The deaths of hundreds of migrants in the Mediterranean this week has only recast the spotlight on the perils of reaching Europe. And for those forunate enough to reach a place like Calais, France, only find that their problems aren't over. Lisa Bryant has the story.
Video

Video Migrants Caught in No-Man's Land Called Calais

The deaths of hundreds of migrants in the Mediterranean this week has only recast the spotlight on the perils of reaching Europe. And for those forunate enough to reach a place like Calais, France, only find that their problems aren't over. Lisa Bryant has the story.
Video

Video Westgate Siege Anniversary Brings Back Painful Memories

One year after it happened, the survivors of the terror attack on Nairobi's Westgate Shopping Mall still cannot shake the images of that tragic incident. For VOA, Mohammed Yusuf tells the story of victims still waiting for the answer to the question 'how could this happen?'
Video

Video Militant Assault in Syria Displaces Thousands of Kurds

A major assault by Islamic State militants on Kurds in Syria has sent a wave of new refugees to the Turkish border, where they were stopped by Turkish border security. Turkey is already hosting about 700,000 Syrian refugees who fled the civil war between the government and the opposition. But the government in Ankara has a history of strained relations with Turkey's Kurdish minority. Zlatica Hoke reports Turkey is asking for international help.
Video

Video CERN Accelerator Back in Business

The long upgrade of the Large Hadron Collider is over. The scientific instrument responsible for the discovery of the Higgs boson -- the so-called "God particle" -- is being brought up to speed in time for this month's 60th anniversary of the European Organization for Nuclear Research, known by its French acronym CERN. Physicists hope the accelerator will help them uncover more secrets about the origins of the universe. VOA’s George Putic reports.
Video

Video Whaling Summit Votes to Uphold Ban on Japan Whale Hunt

The International Whaling Commission, meeting in Slovenia, has voted to uphold a court ruling banning Japan from hunting whales in the Antarctic Ocean. Conservationists hailed the ruling as a victory, but Tokyo says it will submit revised plans for a whale hunt in 2015. Henry Ridgwell reports from London.
Video

Video Russian Economy Reeling After New Western Sanctions

A new wave of Western sanctions is hitting Russia’s economy hard. State-owned energy firms continue to bleed profits and Russia’s national currency plunged to a new low this week after the U.S. and the European Union announced new sanctions to punish Russia's aggressive stance in eastern Ukraine. But as Mil Arcega reports, the sanctions could also prove costly for European and American companies.
Video

Video Belgian Researchers Discover Way to Block Cancer Metastasis

Cancer remains one of the deadliest diseases, despite many new methods to combat it. Modern medicine has treatments to prevent the growth of primary tumor cells. But most cancer deaths are caused by metastasis, the stage when primary tumor cells change and move to other parts of the body. A team of Belgian scientists says it has found a way to prevent that process. Zlatica Hoke has more.
Video

Video Mogadishu's Flood of Foreign Workers Leaves Somalis Out of Work

Unemployment and conflict has forced many young Somalians out of the country in search of a better life. But a newfound stability in the once-lawless nation has created hope — and jobs — which, some say, are too often being filled by foreigners. Abdulaziz Billow reports from Mogadishu.
Video

Video A Dinosaur Fit for Land and Water

Residents and tourists in Washington D.C. can now examine a life-size replica of an unusual dinosaur that lived almost a hundred million years ago in northern Africa. Scientists say studying the behemoth named Spinosaurus helps them better understand how some prehistoric animals adapted to life on land and in water. The Spinosaurus replica is on display at the National Geographic museum. VOA’s George Putic has more.
Video

Video Iraqi Kurdistan Church Helps Christian Children Cope find shelter in churches in the Kurdish capital, Irbil

In the past six weeks, tens of thousands of Iraqi Christians have been forced to flee their homes by Islamic State militants and find shelter in churches in the Kurdish capital, Irbil. Despite U.S. airstrikes in the region, the prospect of people returning home is still very low and concerns are starting to grow over the impact this is having on the displaced youth. Sebastian Meyer reports from Irbil on how one church is coping.
Video

Video NASA Picks Boeing, SpaceX to Carry Astronauts Into Space

The U.S. space agency, NASA, has chosen Boeing and SpaceX companies to build the next generation of spacecraft that will carry U.S. astronauts to the International Space Station by the year 2017. The deal with private industry enables NASA to end its dependence on Russia to send space crews into low Earth orbit and back. Zlatica Hoke has more.
Video

Video Future of Ukrainian Former President's Estate Uncertain

More than six months after Ukraine's former President Viktor Yanukovych fled revolution to Russia, authorities have yet to gain control of his palatial estate. Protesters occupy the grounds and opened it to tourists but they are also refusing to turn it over to the state. VOA's Daniel Schearf reports from Mezhigirya, just north of Kyiv.


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