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- Description:
- President Barack Obama speaks at a news conference discussing the status of efforts to find a balanced approach on deficit reduction. Obama describes the likely consequences of failure to raise the debt ceiling and a resulting government default. He describes significant increases in interest rates for all consumers, including college, vehicle, and mortgages loans as well as a lowering of the bond rating for the U.S. Government. Obama reiterates his position that cuts can be made if some revenue is raised. He identifies areas in defense and some ways to restructure Social Security and Medicare that would help stabilize spending over the long term. He suggests the wealthy can afford slightly higher taxes to contribute to solving this problem and says it can't all come in cuts. Includes question and answer session.
- Date Issued:
- 2011-07-15T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection
- Description:
- President Barack H. Obama delivers a speech on his deficit and debt reduction plan. The plan comes after weeks of partisan wrangling over the 2011 and 2012 federal budget, taxes and discretionary spending. Obama explains the values and moral imperatives reflected in his plan, explains how the national debt rose to its present level and proposes a combination of targeted taxes and specific spending cuts. Delivered at George Washington University, Washington D.C.
- Date Issued:
- 2011-04-13T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection
- Description:
- President Barack H. Obama delivers a speech on his deficit and debt reduction plan. The plan comes after weeks of partisan wrangling over the 2011 and 2012 federal budget, taxes and discretionary spending. Obama explains the values and moral imperatives reflected in his plan, explains how the national debt rose to its present level and proposes a combination of targeted taxes and specific spending cuts. Delivered at George Washington University, Washington D.C.
- Date Issued:
- 2011-04-13T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection
- Description:
- President Barack Obama speaks at a news conference discussing the status of efforts to find a balanced approach on deficit reduction. Obama describes the likely consequences of failure to raise the debt ceiling and a resulting government default. He describes significant increases in interest rates for all consumers, including college, vehicle, and mortgages loans as well as a lowering of the bond rating for the U.S. Government. Obama reiterates his position that cuts can be made if some revenue is raised. He identifies areas in defense and some ways to restructure Social Security and Medicare that would help stabilize spending over the long term. He suggests the wealthy can afford slightly higher taxes to contribute to solving this problem and says it can't all come in cuts. Includes question and answer session.
- Date Issued:
- 2011-07-15T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection