Posted on 09/18/2011 11:57:57 AM PDT by NormsRevenge
WASHINGTON (AP) — Even as President Barack Obama prepares his opening bid on long-term deficit reduction, the White House wants to keep the focus on jobs and is determined to avoid getting sucked into another budget fight with lawmakers.
Administration officials see the task of attending to deficits as necessary but not necessarily urgent, compared with the need to revive the economy and increase employment.
The White House also sees this as the time to draw sharp contrasts with congressional Republicans, whose public approval ratings are lower than Obama's.
As a result, when Obama announces at least $2 trillion in deficit reduction measures Monday, he is not expected to offer all the compromises he reached with House Speaker John Boehner, R-Ohio, in July before those talks broke off.
"I would view this as the president's vision for how we achieve deficit reduction, which makes it inherently different than the sorts of legislative negotiations we were undertaking with the speaker over the summer," said the White House communications director, Dan Pfeiffer.
The plan represents an economic bookend to the $447 billion in tax cuts and new public works spending that Obama has proposed to as a short-term measure to stimulate the economy and create jobs. He's submitting it to a special joint committee of Congress given the task of recommending how to reduce deficits by $1.2 trillion to $1.5 trillion over 10 years.
(Excerpt) Read more at news.yahoo.com ...
I’m sure glad I didn’t have anything in my mouth when them pixels of that pic painted. :-) LOLOL
I know we shouldn’t laugh at disaster..
but this O thingy is a Epic Fail! LOLOL
Yeah, I didn’t know it.
Course, it really wasn’t in the news cause it really wasn’t unmanageable at that point.
Now, however......
Bush had the deficit down to about $160B...then Pelosi came in and the whole thing changed.
I'm talking about the un-spent Porkulus, which is now going to be a slush fund for buying his Re-Election, including spreadin' walkin'-around money in da 'hood.
BANK ON IT!
Buffet- the Judas Goat
Damn, congress can cut that much in a few hours, pass a bill saying the base lines is the same as it was in 2006: snap Over 2. trillion in spending gone.
????????????????????????????????????????
Ain’t that what the “committee” is on deadline to do?
What - he’s gonna make Michelle take the Greyhound Bus?
Never let a crisis go to waste. As usual, Obama sees this as an opportunity to transfer money from those he wants to screw to supporters and cronies.
Obama has now officially promised more “plans” than jobs created (or saved?).
It will be very interesting to see if any deficit reduction takes place in the next fiscal period versus years from now. Deficit reduction in future years really has little or no impact and may not even happen.
Of course, if Obama gets re-elected in 2012, we are screwed no matter what happens prior to that event. He will go hard left, big time.
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