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Obama pushes GOP on economy
WASHINGTON, -- President Obama, back in Washington after a summer family vacation, Monday renewed his push for Republicans to support his plans to revitalize the U.S. economy.
After meeting with his economic team in the Oval Office, Obama restated his desire for Congress to pass legislation providing tax breaks and easier access to credit for small businesses. He also reiterated his desire to see the Bush-era tax cuts extended only for those not in the very top tier of wage earners, additional federal spending on infrastructure and more government incentives to promote clean energy and corporate research and development.
The Democratic president said the small-business legislation "should be Congress's first order of business when it gets back."
"Unfortunately, this bill has been languishing in the Senate for months, held up by a partisan minority that won't even allow it to go to a vote," Obama said. "That makes no sense. This bill is fully paid for. It will not add to the deficit. And there is no reason to block it besides pure partisan politics."
"So I ask Senate Republicans to drop the blockade. I know we're entering election season, but the people who sent us here expect us to work together to get things done and improve this economy."
WASHINGTON, -- President Obama, back in Washington after a summer family vacation, Monday renewed his push for Republicans to support his plans to revitalize the U.S. economy.
After meeting with his economic team in the Oval Office, Obama restated his desire for Congress to pass legislation providing tax breaks and easier access to credit for small businesses. He also reiterated his desire to see the Bush-era tax cuts extended only for those not in the very top tier of wage earners, additional federal spending on infrastructure and more government incentives to promote clean energy and corporate research and development.
The Democratic president said the small-business legislation "should be Congress's first order of business when it gets back."
"Unfortunately, this bill has been languishing in the Senate for months, held up by a partisan minority that won't even allow it to go to a vote," Obama said. "That makes no sense. This bill is fully paid for. It will not add to the deficit. And there is no reason to block it besides pure partisan politics."
"So I ask Senate Republicans to drop the blockade. I know we're entering election season, but the people who sent us here expect us to work together to get things done and improve this economy."
