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- Description:
- President Barack H. Obama holds a news conference to discuss the status of efforts to find a balanced approach on deficit reduction. Obama says there is agreement that structural changes to the debt and deficit need to be made, but the "sacred cows" of both parties are complicating negotiations. He challenges the Republicans to deliver on their rhetoric. Obama explains there is no proposal to raise taxes, but that there is a plan to close loopholes and end subsidies in 2013. Unidentified questioners press the President on raising the debt ceiling, cuts to entitlements, default, and the probability of getting a deal. Obama says that he wants to protect working families and invest in public infrastructure and comments on unemployment numbers.
- Date Issued:
- 2011-07-11T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection
- Description:
- President Barack Obama begins a Twitter Town Hall meeting by sending out this tweet: "In order to reduce the deficit, what costs would you cut and what investments would you keep?" The meeting is moderated by Twitter founder Jack Dorsey. Obama jokes that it was the first live tweet sent by a sitting president. Obama responds to selected questions that are representative of the most popular topics submitted online, which include education, foreign aid, the deficit, jobs and the economy. Obama says his administration has done much to help students afford college and help older workers return to school to upgrade skills. He explains the debt ceiling and the effect on the economy of not raising it. Obama also talks about tax cuts and tax subsidies to oil and agri-business. Held in the East Room of the White House.
- Date Issued:
- 2011-07-06T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection
- Description:
- In this installment of "Know your city," Dr. Willis Dunbar invites Cornelia Robinson and Vice-Mayor Glenn Allen to debate whether or not Kalamazoo should remain the largest debt free city in the nation, a status it has held since 1937. Allen argues that being debt-free is neither totally good nor totally bad, that the city should be prudent about debt and that any interest paid out on bonds would significantly affect the city's capital improvement budget. Robinson argues that "thrift is good as a means to an end, and not as an end in itself," and accuses the city of using the debt free slogan as a shield to avoid public conversations about unpleasant decisions. Robinson also cites the current need for school expansion as an example of when need outweigh frugality.
- Date Issued:
- 1949-04-13T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection
- Description:
- Vice President Dick Cheney speaks to business leaders about President George W. Bush's budget proposal on the day following Bush's first State of the Union address. Cheney discusses tax cuts, spending levels, Social Security and the national debt. Following his statement, Cheney answers questions from the media. Held at the Grand Hyatt Hotel in Washington, D.C.
- Date Issued:
- 2001-02-28T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection
- Description:
- President Barack Obama holds a press conference in the East Room of the White House. Obama focuses on his jobs plan and urges members of Congress to pass it, saying that "any senator who is thinking about voting against the bill needs to explain why they oppose something that would provide urgent help to the economy". He challenges the Republicans to roll out their own plan to stimulate the economy and says he remains willing to negotiate. Obama also responds to questions gun running, U.S. government loans to Solyndra, Chinese currency, U.S.- Pakistan relations, protests on Wall Street, and the European debt crisis.
- Date Issued:
- 2011-10-06T00:00:00Z
- 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 holds his second prime time news conference on the economy. President Obama defends the 2010 budget and gives a positive outlook on the recovery. Obama answers questions from reporters involving cuts and increases in taxes, the national debt for the next generation, border control, the procurement system, and the AIG bonuses.
- Date Issued:
- 2009-03-24T00:00:00Z
- 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