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Tag: U S Budget

President Obama Asked Congress to Pass a Budget To Honor Working People:Labor Day

[Washington DC]President Obama Asked Congress to Pass a Budget To Honor Working People:Labor Day US ,To Honor Working People, Observes Labor Day On 1st Monday Of September Which Is National Holiday
In his Weekend Address President Barack Obama Slashed Opposition Congress
President, Recognizing Importance of Labor Movement ,said
“The eight-hour workday+40-hour workweek+weekends+ Overtime+ minimum wage+Safer workplaces+Health insurance+Social Security+Medicare+Retirement plans.
All These gains were fought for and won by the labor movement – folks who were working not just for a bigger paycheck for themselves, but for more security and prosperity for the folks working next to them as well. That’s how we built the great American middle class”
President,Showing his progress card ,said
“On Friday, we found out that the economy created another 173,000 jobs in August. Over the past five and a half years, our businesses have created 13.1 million new jobs in total – the longest streak of job creation on record. The unemployment rate dropped to 5.1%, the lowest it’s been in seven years. The American auto industry is on track to sell more cars and trucks this year than it has in more than a decade. Sixteen million Americans have gained the security of health insurance. Seventeen states and about 30 cities and counties have raised the minimum wage. And we’ve proposed extending overtime protections to as many as five million Americans. All of that is progress”.
Criticizing Uncooperative Congress President Obama Talked On Budget also.
He said This month, Congress has an opportunity to continue that progress. As always, the deadline for Congress to pass a budget is the end of September. Every year. This is not new. And if they don’t, they’ll shut down the government for the second time in two years.
At a time when the global economy faces headwinds and America’s economy is a relative bright spot in the world, a shutdown of our government would be wildly irresponsible. It would be an unforced error that saps the momentum we’ve worked so hard to build. Plain and simple, a shutdown would hurt working Americans.
It doesn’t have to happen. If Congress wants to support working Americans and strengthen our middle class, they can pass a budget that invests in, not makes cuts to, the middle class. If they pass a budget with shortsighted sequester cuts that harm our military and our economy, I’ll veto it. If they make smart investments in our military readiness, our infrastructure, our schools, public health, and research, I’ll sign that budget – and they know that.
So let’s get it done. Our economy doesn’t need another round of threats and brinksmanship. Nobody gets to play games with our economy – or the middle class I grew up in, and that you grew up in. So tell Congress to pass a budget that reflects the values we honor on Labor Day. Rewarding hard work. Giving everybody a fair shot. And working together to give all of our kids a better life. Thanks everybody. And enjoy your weekend
Source White House

President Barack Obama Advocated a Budget that Reflects The Priorities

[WASHINGTON, DC]— President Barack Obama ,In his Weekly Address,Advocated a Budget Reflecting The Priorities
In this week’s address, President Obama said that in order to keep growing the economy and creating good jobs, Washington must end its cycle of manufactured crises and self-inflicted wounds. It’s time for both parties to work together to pass a budget that reflects our priorities – making smart cuts in things we don’t need and closing wasteful tax loopholes, while investing in areas that create opportunities for the middle class and our future generations.
President said”On Thursday, I addressed a conference for business leaders from around the world. And my pitch was simple: Choose America. Invest in America. Create jobs in America.It speaks to my top priority as President: growing our economy, creating good jobs, strengthening security and opportunity for the middle class. Over the past three and a half years, our businesses have created over seven and a half million new jobs. And this week, the Treasury confirmed that since I took office, we’ve cut our deficits by more than half.”
He Further said “we have more work to do. We need to grow and create more good jobs faster. That’s my driving focus. And I’ll go anywhere and do anything to make it happen”.
President Obama said”Now, budgets can be a boring topic – especially on the weekend. But they can also be revealing. Because they expose what our priorities are as a country for all to see.”