Tag Archives: economy

Obama outlines ambitious agenda for ‘lasting prosperity’

President Obama on Tuesday outlined an ambitious agenda that requires "significant resources," even as he aims to halve the deficit by the end of his first term. In his first speech to a joint session of Congress, Obama said it’s time to act boldly not just to revive the economy, but “to build a new foundation for lasting prosperity.” “While the cost of action will be great, I can assure you that the cost of inaction will be far greater,” he said. The president struck an optimistic tone, asserting that “we will rebuild, we will recover, and the United States of America will emerge stronger than before.” Obama focused on the three priorities of the budget he will present to Congress later this week: energy, health care and education

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Jindal calls stimulus ‘irresponsible’ in GOP response

Tapped by the Republican party to deliver the GOP’s response to President Barack Obama’s congressional address Tuesday night, Louisiana Gov. Bobby Jindal took on the massive stimulus package and big government — and pledged that his party would regain the nation’s trust.

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Obama speech: ‘We will recover’

President Obama opened his first speech to a joint session of Congress by telling the nation "we will rebuild, we will recover, and the United States of America will emerge stronger than before." Obama urged Americans to “confront boldly the challenges we face,” saying that the answers to the country’s problems “don’t lie beyond our reach.” “They exist in our laboratories and our universities; in our fields and our factories; in the imaginations of our entrepreneurs and the pride of the hardest-working people on Earth,” he said. Obama described the nation’s financial woes as a “reckoning” for poor decisions made by both government and individuals

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Obama insight: Being realistic on economy maintains credibility

When the waiter reached for the plate, President Obama shook his head and smiled as he asked for a few more minutes. He had been talking to his guests, and had barely taken a bite of his lunch. The new president was keeping with a longstanding tradition on days when the commander in chief delivers an address to a joint session of Congress: Around the table Tuesday sat television anchors and the Sunday morning interview program hosts and two senior aides

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The ‘day of reckoning has arrived,’ Obama will say

President Obama will tell the country the "day of reckoning has arrived, and the time to take charge of our future is here" in his first speech to a joint session of Congress, according to excerpts of his address. “Now is the time to act boldly and wisely — to not only revive this economy, but to build a new foundation for lasting prosperity,” Obama will say. Obama’s address comes two days before he will submit his budget summary to Congress.

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Obama to lay out ‘game plan’ on fixing economy

In his first speech to a joint session of Congress, President Obama is planning to strike a more optimistic tone than he has in recent days by laying out a "game plan" to beat the financial crisis, according to a senior White House official.

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Will the Recession Doom the Last Sunday Blue Laws?

A handful of state legislatures have declared it’s closing time for Sunday alcohol sales restrictions, saying an extra day of sales could give their foundering budgets a much-needed shot of revenue. Those states — Georgia, Connecticut, Texas, Alabama and Minnesota — enjoy overwhelming voter support for an extra day of sales, but face opposition from members of the Christian right, who say that selling on Sunday undermines safety and tears apart families. “During times of economic stress, our families are under enough pressure,” says Jim Beck, the president of the Georgia Christian Coalition

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