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

Multimedia Social Media Documenting, Not Driving, Hong Kong Protests

Unlike in Arab Spring uprisings, pro-democracy protesters in Hong Kong aren't relying on Twitter and Facebook to organize, but social media still plays a role More

Analysis: Occupy Central Not Exactly Hong Kong’s Tiananmen

VOA's former Hong Kong, Beijing correspondent compares and contrasts 1989 Tiananmen Square protest with what is now happening in Hong Kong More

Bambari Hospital a Lone Place of Help in Violence-Plagued CAR

Only establishment still functioning in CAR's second city is main hospital 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.
The Legacy of Jimmy Carter: The Preacher from Plainsi
X
October 01, 2014 10:45 AM
It is common in the United States to see tourists flock to sites associated with America's presidents. Some are privately owned and others are run by the National Park Service or the National Archives -- but most have helped draw business and people into the towns and cities where they are located. As VOA’s Kane Farabaugh reports, there is one particular presidential hometown that is unique in what it has to offer those who make the trip.
Video

Video The Legacy of Jimmy Carter: The Preacher from Plains

It is common in the United States to see tourists flock to sites associated with America's presidents. Some are privately owned and others are run by the National Park Service or the National Archives -- but most have helped draw business and people into the towns and cities where they are located. As VOA’s Kane Farabaugh reports, there is one particular presidential hometown that is unique in what it has to offer those who make the trip.
Video

Video Hong Kong Protests Draw New Supporters on National Holiday

On the 65th anniversary of the founding of Communist China, Hong Kong protesters are hoping to stage the largest pro-democracy demonstration since the 1989 Tiananmen protests. VOA's Brian Padden visited one of the protest sites mid-day, when the atmosphere was calm and where the supporters were enthusiastic about joining what they are calling the umbrella revolution.
Video

Video India's PM Continues First US Visit

India's prime minister is on his first visit to Washington, to strengthen political and economic ties between the world's oldest and the world biggest democracies. He came to the U.S. capital from New York, the first stop on his five-day visit to the country that denied him an entry visa in the past. From Washington, Zlatica Hoke reports Modi seemed most focused on attracting foreign investment and trade to increase job opportunities for his people.
Video

Video Malaysia Struggles to Stop People Joining Jihad

Malaysian authorities say militant groups like the so-called "Islamic State" have used social media to entice at least three dozen Malaysian Muslims to fight in what they call "jihad" in Syria and Iraq. As Mahi Ramkrishnan reports from Kuala Lumpur, counterterrorism police are deeply worried about what could happen when these militants return home.
Video

Video Could US Have Done More to Stop Rise of Islamic State?

President Obama says airstrikes against Islamic State militants in Syria will likely continue for some time because, in his words, "there is a cancer that has grown for too long." So what if President Obama had acted sooner in Syria to arm more-moderate opponents of both the Islamic State and the Syrian government? VOA State Department Correspondent Scott Stearns reports from the United Nations.
Video

Video Treasure Hunters Seek 'Hidden Treasure' in Central Kenya

Could a cave in a small village in central Kenya be the site of buried treasure? A rumor of riches, left behind by colonialists, has some residents dreaming of wealth, while others see it as a dangerous hoax. VOA's Gabe Joselow has the story.
Video

Video Ebola Patients Find No Treatment at Sierra Leone Holding Center

At a holding facility in Makeni, central Sierra Leone, dozens of sick people sit on the floor in an empty university building. They wait in filthy conditions. It's a 16-hour drive by ambulance to Kailahun Ebola treatment center. Adam Bailes was there and reports on what he says are some of the worst situations he has seen since the beginning of this Ebola outbreak. And he says it appears case numbers may already be far worse than authorities acknowledge.
Video

Video Identifying Bodies Found in Texas Border Region

Thousands of immigrants have died after crossing the border from Mexico into remote areas of the southwestern United States in recent years. Local officials in south Texas alone have found hundreds of unidentified bodies and buried them in mass graves in local cemeteries. Now an anthropologist and her students at Baylor University have been exhuming bodies and looking for clues to identify them. VOA’s Greg Flakus has more from Waco, Texas.
Colonel Steve ‘Spiros’ Pisanos left Greece and came to the U.S. to learn to fly. He flew fighters for the Allies in World War II, narrowly escaping death multiple times.Colonel Steve ‘Spiros’ Pisanos left Greece and came to the U.S. to learn to fly. He flew fighters for the Allies in World War II, narrowly escaping death multiple times.

AppleAndroid