Ola - posted on 03/01/2009 ( 1 mom has responded )
20
18
Please let me know what you think about the article below!!! I say what do we have to lose, the country is in a recession, we need soemthing done.Why are republicans trying to make it so hard???? DO they not realize the Midlle-Clas is really Suffering. They need our votes if they ever want to take office again! Am I right or wrong. C'mon People Let's discuss!!!!! Please read below.
WASHINGTON - A combative President Barack Obama warned on Saturday he was bracing for a fight against powerful lobbyists and special interests who sought to pick apart the $3.55 trillion budget he proposed to advance his agenda.Republicans, in their radio response, warned that Democratic spending priorities threaten to destroy the American dream that hard work can build a better life for each successive generation of citizens.
"This week, the president submitted to Congress the single largest increase in federal spending in the history of the United States, while driving the deficit to levels that were once thought impossible," said Senator Richard Burr. He said a page-by-page examination of the federal budget had already identified $2 trillion in potential savings over 10 years.
"I realize that passing this budget won't be easy," Obama said. "Because it represents real and dramatic change, it also represents a threat to the status quo in Washington."
The insurance industry would not like having to bid competitively to participate in the Medicare coverage program for the elderly, but it is needed to protect the program and reduce costs, Obama said. He said banks and big student lenders would not like losing their taxpayer subsidies, but it would save nearly $50 billion and make college more affordable. And he said oil and gas companies wouldn't like losing $30 billion in tax breaks, but it was needed to fund renewable energy research. "The system we have now might work for the powerful and well-connected interests that have run Washington for far too long, but I don't. I work for the American people," Obama said.
"I didn't come here to do the same thing we've been doing or to take small steps forward, I came to provide the sweeping change that this country demanded when it went to the polls in November."
I swear this man is going to make things happen!!!!
1 Comment
View replies by