Tag Archives: house

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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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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Japan’s Aso becomes Obama’s first guest

Japanese Prime Minister Taro Aso met with President Barack Obama on Tuesday making him the first head of state to be hosted by the new administration. It was a long trip — 6,800 miles (11,000 km) — for a short meeting — one hour — and happened as Obama was preparing his first address to a joint session of Congress. Sitting next to Aso in the White House, Obama said: “The friendship between the United States and Japan is extraordinarily important.

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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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CNN Student News Transcript: February 18, 2009

February 18, 2009 Seem counterintuitive Observers say struggling people are looking for a $10, two-hour escape. “The movies offer a way to go not only outside of your house, but to a whole different world — and that’s very appealing right now,” said Paul Dergarabedian, a box office analyst at Hollywood.com. Audiences are going along for that ride in record numbers

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Poll: Expectations high for Obama’s speech

A national poll indicates most Americans think President Obama will give a good speech Tuesday night in his address to a joint session of Congress, but expectations are not as high as they were for his inaugural address. Twenty-eight percent of those questioned in a CNN/Opinion Research Corp.

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Obama to lay out sober assessment, hopeful future

President Obama’s address Tuesday to a joint session of Congress will have a heavy emphasis on the economy and will try to strike an optimistic tone, aides said. That’s a sign Obama has heard the criticism, including from former President Clinton, that he needs to mix sober talk with an upbeat bottom line.

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Obama pledges to cut deficit in half at fiscal summit

President Obama pledged Monday to cut the nation’s $1.3 trillion deficit in half by the end of his first term. He identified exploding health-care costs as the chief culprit behind rising federal deficits during a bipartisan “fiscal responsibility summit” convened to discuss ways to restore fiscal stability without deepening the recession. Meeting with the congressional leadership of both parties, as well as a range of business, academic, financial and labor leaders, Obama warned that the country cannot continue its current rate of deficit spending without facing dire economic consequences.

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