President Obama to hold news conference

Discussion in 'Congress' started by Two Thumbs, Feb 15, 2011.

  1. Two Thumbs
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    Two Thumbs Platinum Member

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    Shocking, I know.

    President Obama to hold news conference - Politics - White House - msnbc.com
    NBC, msnbc.com and news services

    WASHINGTON — A day after sending Congress a $3.73 trillion budget, President Obama will hold a news conference on Tuesday, a senior official told NBC News.

    On Monday, the president offered a budget plan that holds out the prospect of eventually bringing deficits under control through spending cuts and tax increases.

    But the fiscal blueprint largely ignores his own deficit commission's view that the nation is imperiled unless huge entitlement programs like Social Security and Medicare are slashed.

    Obama called his new budget one of "tough choices and sacrifices," but most of those cuts would be held off until after the end of his first term. It was harshly criticized by Republicans, who said it was far too timid.

    Read the full budget (.pdf)

    Overall, Obama proposed trimming the deficits by $1.1 trillion over a decade. The administration is projecting that the deficit will hit an all-time high of $1.65 trillion this year and then drop sharply to $1.1 trillion in 2012, with an expected improvement in the economy and as reductions in Social Security withholding and business taxes expire.

    Obama's 2012 budget would actually add $8 billion to the projected deficit for that year because the bulk of the savings he would achieve through a freeze in many domestic programs would be devoted to increased spending in areas Obama considers priorities, such as education, clean energy and high-speed rail.

    The funny part about this story is that many liberals are trying to convince the world that he's not a liberal, that he's some kind of centrist. :doubt:
     
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  2. Oddball
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    Oddball BANNED Supporting Member

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    If you want to play the drinking game with the word "investment", I'm not going there.
     
  3. Two Thumbs
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    Two Thumbs Platinum Member

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    What got me was his own people told him to make more cuts AND it's still adding $8 billion.

    Investment is PC for spending.

    Obama wants to invest $8 billion more to the debt.
     
  4. masquerade
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    masquerade positivity

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    Well, he said that's what folks like us are doing at home. We're cutting our spending while at the same time ... 'investing' in our future.

    Investing
    Investing
    Investing
    Investing
     
  5. bucs90
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    bucs90 Gold Member

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    Watching it now. Something is off. What is wrong with the picture.

    OH!!! NO TELEPROMPTER!!!!! WTF!!???

    And now he's taking questions!!!!!!

    Holy Hell!!!! Is Planet X and the Mayans coming back? Whoa! A pig just flew over my house!!! The devil is buying hand warmers and frost bite medication!!!!
     
  6. Two Thumbs
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    Two Thumbs Platinum Member

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    I'm gonna go out on a limb here and assume you support going deeper into debt?

    And b/c I don't, you think I'm some nut that cares about the prompters and a few odd ball conspiracies?

    odd

    B/c it's no theory that we will soon be owing more than we can pay.
     
  7. AquaAthena
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    AquaAthena INTJ/ INFJ

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    But--But-- the term "high speed rail" has such an immediate solution to the urgent and majority needs of the country....:rofl:
     
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  8. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Why does CA need a high speed rail going through agricultural land in the Central Valley?
     
  9. EdSchultzIsFat
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    EdSchultzIsFat BANNED

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    He takes his time answering questions in hopes he runs out of time to take the questions that can't be answered like,,Mr President, what are you going to do about IRAN building a nuclear bomb?:confused:
     
  10. Two Thumbs
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    Two Thumbs Platinum Member

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    That's where the republicans are?

    And the dems in CA view them as an endagered species, so they wan to make sure thier kids get to see them, before they all die off or migrate to other places. :lol:
     

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