With the conversation in Washington shifting focus to paying down what the nation owes and having the government live within its means, the president’s supporters say they don’t want him to forget about job creation and the housing recovery.
At a town hall meeting Wednesday at Facebook headquarters in Palo Alto, Calif., an audience member asked the president how he planned to “balance these two going forward, or even potentially shift the conversation back.”
Obama said that without getting the deficit down, spending on â€œinvestmentsâ€ to help job creation is unlikely.
“If we don’t have a serious plan to tackle the debt and the deficit, that could actually end up being a bigger drag on the economy than anything else,” he said.
Obama’s plan would cut spending by $4 trillion over 12 years and raise taxes on job-creators. House Republicans have passed a plan that would cut nearly $6 trillion from the deficit, in part by overhauling Medicare and Medicaid.
Don’t let the MSM censor your news as America becomes Great Again. Over 500,000 Americans receive our daily dose of life, liberty and pursuit of happiness along with Breaking News direct to their inbox—and you can too. Sign up to receive news and views from The 1776Coalition!
We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.