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Obama Reiterates He Won't Compromise Over Debt Ceiling, Calls For Closing Tax Loopholes For The Rich

US Politics & Gov't  (tags: Debt ceiling, tax loopholes, higher revenue, congress, ethics, economy, republicans, politics )

- 1963 days ago -
In a his weekly address from Hawaii, President Obama reiterated that he will not negotiate with Republicans over raising the nation's debt ceiling and said that any future efforts to reduce the deficit must include a combination of higher revenues and ...

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Jae A (316)
Tuesday January 8, 2013, 5:43 pm
About frigen time huh ! Good for him and for the nations economy if he can get this done a.s.a.p.

Jason S (50)
Tuesday January 8, 2013, 5:47 pm
Good posting, thanks

Tamara Hayes (185)
Tuesday January 8, 2013, 8:40 pm
Well, I must say I am pleasantly surprised. After his capitulation to congress regarding the fiscal cliff deal, I really didn't think he would stand tough on anything anymore. Now let's see him work on the climate change crisis.

Ro H (0)
Wednesday January 9, 2013, 4:52 am

Thomas P (280)
Wednesday January 9, 2013, 7:07 am
Noted...thanks Carrie. Again, this is something that if passed (eliminating loopholes for, and limiting deductions on, the rich) would have no harmful effects on the economy (if history is any judge), yet the Republicans fight the idea tooth and nail while shilling for the uber wealthy individuals and corporations. Yet you have a few dangerous Republicans, all of them teabaggers, suggesting that they need to shut the government down to to effect change. There are very reckless people in Congress that only want to "shut it down," as their motto says, without regard for the consequences to small business people in need of short-term capital loans, to our economy or the world economy.

Nancy L (141)
Wednesday January 9, 2013, 1:02 pm
We need the Flat Tax.

Nancy M (197)
Wednesday January 9, 2013, 1:17 pm
Close corporate loop[holes YES.

And good point John G about the raises for Obama and white house staff. Let the government freeze for a year at the very minimum. The rest of us have.

Esther Z (94)
Wednesday January 9, 2013, 3:36 pm
If the Repugs fought against the tax increase for those earning over 250,000 (it was changed to 450,000.), then you can rest assured they will fight against any corporate tax increases or the elimination of any loopholes that benefits corporate America.

Elizabeth M (65)
Thursday January 10, 2013, 10:17 am
Hoping Obama succeeds in not raising the national debt ceiling, and especially closing up loopholes on the rich and big corporations. Naturally Boehner is not going to agree. He is on the side of the wealthy....mmm...wonder how much of a kick back he gets for that.
Thank you for posting Carrie.
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