Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.
fideljazy

Obama To Tell Congress Lifting Cuba Embargo Is The Right Thing To Do - Yahoo News

After the State of the Union address, Assistant Secretary of State Roberta Jacobson arrives in Havana to negotiate the reopening of the U.S. Embassy, as well as migration and restoration of full diplomatic relations. Shes the first high-level State Department official to visit the country in three decades. Last week, the U.S. Treasury Department laid out the dos and don'ts of travel to the island nation. With the presidents executive order, U.S.
Source: http://news.yahoo.com/obama-tell-congress-lifting-cuba-embargo-thing-191329684.html

Obama's 'real' SOTU goal: Embarrass the Republicans - Yahoo News

Read More Obama to focus on middle class in State of the Union "There's an awful lot of your viewers that over and over again said, 'If we'd only done Bowles-Simpson look at the shape we'd be in.' Bowles-Simpson proposed exactly these rates, exactly this structure on capital gains," Furman said. Democrat Erskine Bowles and Republican Alan Simpson unveiled a plan in late 2010 to cut the nation's ballooning budget deficit. It was never was implemented but often praised on both sides of the aisle. "The bank tax, [Republican] former Ways and Means chairman Dave Camp, he proposed a very similar tax on banks," Furman said. "These all have a strong economic logic to them." Read More Americans shake off economic pessimism: NBC/WSJ poll Furman also pointed to past doomsday scenarios in making his case for these new actions.
Source: http://www.cnbc.com/id/102350604

Obama's speech strategy: Put GOP on the back foot on taxes

Washington (AFP) - Barack Obama speaks to the nation Tuesday student loan repayment calculator in a State of the Union address that comes as Washington undergoes a political seachange and the US president readies to lock horns with ascendant Republicans. The annual speech, the most important in the US political calendar, comes two years to the day of his scheduled departure from the White House in 2017, and the American president does not have an easy road ahead of him. Tuesday will mark the first time since his election in 2008 that Obama will address a Congress whose two houses are entirely controlled by his Republican adversaries. "Im not going to spend the next two years on defense; Im going to play offense," a defiant Obama told Senate Democrats, according to comments reported by the website Politico. His credo: It's time for Americans to benefit from the country's economic growth after years of decline. Unemployment has fallen below six percent, the lowest numbers in over a decade.
Source: http://news.yahoo.com/obama-faces-republican-held-congress-state-union-064909657.html

Obama heads into State of the Union on ratings uptick - CNN.com

That gloom is part of the reason Democrats fared so poorly in November's midterm elections - and why Obama's address on Tuesday will be delivered to the first GOP-majority Congress of Obama's presidency. The White House hopes that with improving approval poll numbers will come more unity among Democrats around Obama's agenda, which aides say can be reduced to three words: middle class economics. Obama tax plan: Cuts and hikes "It's important for us to find every single way that we can to provide some relief for middle class families because as the economy finally after six years gets to the point where people are beginning to feel it, we need to make sure we lean in so that folks have a little bit more money at the end of the week," said David Simas, the director of Obama's political office. That means proposing new tax breaks for married couples where each partner works, increasing the child care tax credit and offering two years of community college free to qualified applicants. The White House says those kinds of moves will help bolster middle-class Americans who aren't yet feeling the economic recovery, despite plenty of data indicating the country moving further away from the recession.
Source: http://www.cnn.com/2015/01/19/politics/obama-popular-state-of-the-union/index.html

Obama aide: Our 'strong logic' for rich tax hikes

So why the run-up to the big event? This is strictly about the 2016 election, says Potomac Researchs Chief Political Strategist, Greg Valliere. Both parties are beginning to posture with their own narratives. The narrative for the Democrats appears to be centered around tax breaks for the middle class. In his speech tonight, the president will ask Congress to raise taxes on the wealthiest Americans and the largest financial firms, which would then pay for some hefty tax cuts for the middle class. The problem? Its about as dead on arrival as you can get.
Source: http://news.yahoo.com/-state-of-the-union--2016-campaign-starts-now-161616245.html

Obama faces Republican-held Congress for State of the Union - Yahoo News

Getty Images Read More Calculating the long odds for Chris Christie Mitt Romney, the 2012 GOP nominee who is looking at a 2016 bid, attempted to shift to a populist tone in remarks to Republicans in San Diego on Friday. But his efforts drew mostly mockery on social media from Democrats and Republicans who remember Romney's comments deriding the "47 percent" of Americans who rely on government largesse rather than contribute to economic growth. Romney, a private equity multimillionaire, is not the ideal vessel for a populist message of economic inclusion. Meanwhile, Obama in his speech will be attempting to gain the high ground in an effort to address the biggest economic failing on his watch, the fact that median household incomes actually fell close to 4 percent to $51,939 in 2013 compared to when Obama took office in 2009, according to census data. The numbers for the lowest earners are even worse. Much of this is the result of larger economic trendsand fallout from the recessionthat are beyond Obama's control.
Source: http://www.cnbc.com/id/102350999

Don't be the product, buy the product!

Schweinderl