Obama Deficit Reduction Address
President Obama lays out a plan to reduce the U.S. deficit
- Obama begins remarks on deficits with another call to pass the jobs bill, he says he's got the pens ready to sign itcomment by carenbohan via twitter 9/19/2011 2:58:22 PM
- President says "everybody, including the wealthy and corporations have to pay their fair share"by jamiedupree via twitter 9/19/2011 3:00:15 PM
- Pres Obama says his deficit plan cuts $2 in spending for every dollar in new revenues.by markknoller via twitter 9/19/2011 3:01:39 PM
- Pres. says $2 in spending cuts for every $1 in revenue raising is fair - says everyone should share the burdenby westwingreport via twitter 9/19/2011 3:01:47 PM
- Obama: I hoped for a $4T grand debt deal this summer. Unfortunately, Boehner "walked away" and final $1T deal "wasn't all that grand."by jbendery via twitter 9/19/2011 3:02:07 PM
- We'll save addtl $1trillion as we end wars in Iraq and Afghanistan, says Pres Obama.by markknoller via twitter 9/19/2011 3:02:47 PM
- Medicare cuts Obama is proposing wouldn't take effect until 2017; "I'm not going to turn Medicare into a voucher program."by westwingreport via twitter 9/19/2011 3:03:32 PM
- Pres Obama says we cant just cut our way out of this hole…it's gonna take a balanced approach. Everyone has to pay "fair share."by markknoller via twitter 9/19/2011 3:05:02 PM
- The "balanced approach" Obama speaks of was the approach he shot down in CCB. They're careful to not mention this.comment by DLoesch via twitter 9/19/2011 3:05:19 PM
- Pres. says cuts alone won't balance the budget, as he calls again for a balanced approach. Criticizes GOP for balking on new revenueby westwingreport via twitter 9/19/2011 3:05:22 PM
- Obama not starting to campaign a bit from the Rose Garden... taking Boehner on over taxes.by thenote via twitter 9/19/2011 3:05:27 PM
- President gets to tax increases, saying everyone should pay their "fair share," especially the wealthyby jamiedupree via twitter 9/19/2011 3:05:31 PM
- POTUS: "The Speaker says we can't have it my way or the highway, then says my way... or the highway. That's not smart."by thenote via twitter 9/19/2011 3:06:08 PM
- President says "the most fortunate among us" must also sacrifice - by paying same rates as everyone else.by westwingreport via twitter 9/19/2011 3:07:15 PM
- President on Bush tax cuts: "we can't afford these special lower rates for the wealthy"by jamiedupree via twitter 9/19/2011 3:07:30 PM
- "That's not smart. That's not right," Obama says of Boehner's refusal to accept new revenues in deficit reduction deal.by jbendery via twitter 9/19/2011 3:07:42 PM
- Pres Obama says he's ready to work with Dems and GOP on reforming the entire tax code.by markknoller via twitter 9/19/2011 3:08:43 PM
- Obama on tax reform: "any reform plan will have to raise revenue to help close the deficit"by jamiedupree via twitter 9/19/2011 3:09:27 PM
- Current tax code undermines economic competiveness, Pres. says, as he calls for its overhaulby westwingreport via twitter 9/19/2011 3:09:29 PM
- Spokesman for Speaker Boehner rips Obama speech and plan as "cheap political attacks"by jamiedupree via twitter 9/19/2011 3:10:34 PM
- Obama laying down the law on GOP. Says any reform plan "will have to" raise revenues.by jbendery via twitter 9/19/2011 3:10:54 PM
- Obama rejects charges that he's playing class warfare: "I think this is just the right thing to do"by jamiedupree via twitter 9/19/2011 3:11:32 PM
- President rejects "class warfare" notion. Says asking rich to pay same rate as plumber is "the right thing to do"by westwingreport via twitter 9/19/2011 3:11:58 PM
- Pres Obama says Warren Buffett's secretary shouldn't pay a higher tax rate than billionaire Warren Buffett.by markknoller via twitter 9/19/2011 3:12:03 PM
- Obama on tax hikes: "those who have done well including me should pay our fair share"by jamiedupree via twitter 9/19/2011 3:12:04 PM
- Warren Buffet's secretary is this year's Joe the Plumber. #deficitplancomment by ewstephe via twitter 9/19/2011 3:12:39 PM
- Obama the populist is back! Says he rejects the idea that asking millionaires to pay more in taxes than plumbers is "class warfare."by jbendery via twitter 9/19/2011 3:12:47 PM
- Obama: "This is not class warfare. It's math." Take that, Mr. Ryan...by thenote via twitter 9/19/2011 3:13:06 PM
- It's not class warfare," President says. "It's math," as he asks for new taxes to richby westwingreport via twitter 9/19/2011 3:13:59 PM
- @jamiedupree He could start by paying for his own campaign trips, but he won't.comment by acitrep via twitter 9/19/2011 3:14:05 PM
- @markknoller Pls ask at WH breifing if Pres Obama plan passed 'as is" would Buffett's secretary Still pay higher tax rate than Buffett.comment by az5thdstrct via twitter 9/19/2011 3:14:12 PM
- President vows to veto any bill that does not have wealthy and corporations "pay their fair share"by jamiedupree via twitter 9/19/2011 3:14:33 PM
- Rep Allen West R-FL on Obama remarks: "Same ole Stuff just different day"by jamiedupree via twitter 9/19/2011 3:15:11 PM
- Obama just throws out a veto threat. "I will veto ANY BILL" that changes Medicare benefits without raising taxes on millionaires. #debtby jbendery via twitter 9/19/2011 3:15:16 PM
- President vows to veto any plan that doesn't include tax hikes. "We're not going to have a one-sided" deal.by westwingreport via twitter 9/19/2011 3:15:27 PM
- Rep Dennis Ross R-FL on Obama plan: "Watching this speech is a commercial to end the progressive inc tax"by jamiedupree via twitter 9/19/2011 3:15:30 PM
- @markknoller Are not hedge fund managers people also? Does Obama constantly have to have an enemy?comment by acitrep via twitter 9/19/2011 3:15:33 PM
- Pres Obama vows to veto any deficit bill that cuts Medicare benefits but doesnt ask wealthiest Americans or biggest corps to pay fair share.by markknoller via twitter 9/19/2011 3:15:37 PM
- @markknoller he needs to start the cuts with all the vacations for family.comment by oldsnakebroad via twitter 9/19/2011 3:15:38 PM
- @markknoller But the fundamental question remains, can the President explicitly define what Warren Buffett's "fair share" should be? Nope!comment by SoquelCreek via twitter 9/19/2011 3:15:41 PM
- @jamiedupree we already are all of us are. Buffett and Obama can donate. Wait that would be charitable.comment by EdwardCTracey via twitter 9/19/2011 3:15:45 PM
- Obama pledges to veto any plan that cuts Medicare benefits without requiring the wealthy and corporations to pay their "fair share" of taxesby carenbohan via twitter 9/19/2011 3:16:27 PM
- applause at a Rose Garden speech? and the music? a little weird.by thenote via twitter 9/19/2011 3:16:38 PM
- In a feisty end to his statement, the President says "We know what's right; it's time to do what's right"by jamiedupree via twitter 9/19/2011 3:16:55 PM
- Pres ends 19 min statement saying "We know what’s right. It’s time to do what’s right."by markknoller via twitter 9/19/2011 3:16:59 PM
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