Pres. Obama Schedule, Address: Budget, April 16, 2011

President Obama Schedule
Friday April 15, 2011

12:55 pm

The President departs Chicago, Illinois en route Andrews Air Force Base

Local Event Time:

11:55 AM CDT

Chicago O’Hare International Airport

Open Press


2:35 pm

The President arrives at Andrews Air Force Base

Andrews Air Foce Base

Travel Pool Coverage

2:50 pm
The President arrives at the White House
South Lawn
Open Press

3:20 pm
The President and the Vice President meet with leadership of the National Conference of State Legislators
Roosevelt Room
Closed Press


Oval Office: President Obama meets with chairs of Fiscal Commission Simpson (seated, left) & Bowles, Secretary of Treasury Geithner (seated, center), Budget Director (seated, right), reporters

The White House

Office of the Press Secretary

For Immediate Release April 16, 2011

Weekly Address:

“We Can Live Within Our Means and Live Up to the Values We Share as Americans”

Remarks of President Barack Obama As Prepared for Delivery
Saturday, April 16, 2011 Washington, DC

This week, I laid out my plan for our fiscal future. It’s a balanced plan that reduces spending and brings down the deficit, putting America back on track toward paying down our debt.

We know why this challenge is so critical. If we don’t act, a rising tide of borrowing will damage our economy, costing us jobs and risking our future prosperity by sticking our children with the bill.

At the same time, we have to take a balanced approach to reducing our deficit – an approach that protects the middle class, our commitments to seniors, and job-creating investments in things like education and clean energy. What’s required is an approach that draws support from both parties, and one that’s based on the values of shared responsibility and shared prosperity.

Now, one plan put forward by some Republicans in the House of Representatives aims to reduce our deficit by $4 trillion over the next ten years. But while I think their goal is worthy, I believe their vision is wrong for America.

It’s a vision that says at a time when other nations are hustling to out-compete us for the jobs and businesses of tomorrow, we have to make drastic cuts in education, infrastructure, and clean energy – the very investments we need to win that competition and get those jobs.

It’s a vision that says that in order to reduce the deficit, we have to end Medicare as we know it, and make cuts to Medicaid that would leave millions of seniors, poor children, and Americans with disabilities without the care they need.

But even as this plan proposes these drastic cuts, it would also give $1 trillion in tax breaks to the wealthiest 2% of Americans – an extra $200,000 for every millionaire and billionaire in the country.

I don’t think that’s right. I don’t think it’s right to ask seniors to pay thousands more for health care, or ask students to postpone college, just so we don’t have to ask those who have prospered so much in this land of opportunity to give back a little more.

To restore fiscal responsibility, we all need to share in the sacrifice – but we don’t have to sacrifice the America we believe in.

That’s why I’ve proposed a balanced approach that matches that $4 trillion in deficit reduction. It’s an approach that combs the entire budget for savings, and asks everyone to do their part. And I’ve called on Democrats and Republicans to join me in this effort – to put aside their differences to help America meet this challenge. That’s how we’ve balanced our budget before, and it’s how we’ll succeed again.

We’ll build on the savings we made from last week’s bipartisan budget agreement, while protecting the job-creating investments that are critical to our future.

We’ll find additional savings in our defense budget. Over the last two years, the Secretary of Defense has taken on wasteful spending that does nothing to protect our troops or our nation, saving $400 billion in current and future spending. I believe we can do that again.

We’ll reduce health care spending, and strengthen Medicare and Medicaid through common-sense reforms that will get rid of wasteful subsidies and increase efficiency.

We’ll reduce spending in our tax code with tax reform that’s fair and simple – so that the amount of taxes you pay doesn’t depend on how clever an accountant you can afford. And we should end the tax cuts for the wealthiest Americans, too. Because people like me don’t need another tax cut.

So that’s my approach to reduce the deficit by $4 trillion over the next 12 years while protecting the middle class, keeping our promise to seniors, and securing our investments in our future. I hope you’ll check it out for yourself on WhiteHouse.gov. And while you’re there, you can also find what we’re calling the taxpayer receipt. For the first time ever, there’s a way for you to see exactly how and where your tax dollars are spent, and what’s really at stake in this debate.

Going forward, Democrats and Republicans in Washington will have our differences, some of them strong. But you expect us to bridge those differences. You expect us to work together and get this done. And I believe we can. I believe we can live within our means and live up to the values we share as Americans. And in the weeks to come, I’ll work with anyone who’s willing to get it done.

Thanks for listening. Have a great weekend.


The audio of the address is and video of the address will be available online at www.whitehouse.gov at 6:00 a.m. ET, Saturday, April 16, 2011.


This is daVine politics. WHEN will the Elephants in the House: get it? Trying to "reduce" deficit --disguised. Elephant's Plan: want the disabled, the ill, the senior adults to pay so wealthiest 2% --donors to Republican Party, can get wealthier. 'Road map' to hell ...sick...nuts... the Elephants need to stop sipping all that loose-leaf Tea....

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tag: budget 2011, 2012 credit federal debt deficit paul ryan tea party elephants republican house of representatives disabled retired Medi-Care medicare, wealthiest 2% taxes balance
daVine Politics
http://davinepolitics.blogspot.com


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