WASHINGTON — President Barack Obama will once again call on members of Congress to avoid the mandatory spending cuts due to hit at the end of the month, joined by first responders whose jobs may be on the line, according to a White House official.
With the sequester due to hit on March 1, Obama will address reporters at 10:45 Tuesday from an auditorium in the White House complex to increase the pressure on Republicans to agree to raise revenues to offset the cuts, the official said.
“With less than two weeks before these cuts hit, the President will challenge Republicans to make a very simple choice: do they protect investments in education, health care and national defense or do they continue to prioritize and protect tax loopholes that benefit the very few at the expense of middle and working class Americans,” the official said.
Two weeks ago, Obama called on lawmakers to pass a temporary delay of several to the cuts to allow lawmakers time to pass a complete budget, saying spending cuts and revenue increase through tax reform must be included to achieve the mandated deficit reduction.
Republicans have said they are opposed to any efforts to raise revenue after last month’s fiscal cliff deal almost entirely included tax rate increases.
Little has changed since Obama took the podium in the White House briefing room earlier this month. Senate Democrats introduced a proposal to avoid the spending cuts in concert with Obama’s 50-50 principle, but the measure has so far failed to gain Republican support.
With lawmakers in their districts this week, Obama is trying to seize the bully pulpit to force Republican lawmakers to cut a deal, and will explicitly endorse the Senate Democratic plan.
“[T]ime and again, Republicans in Congress have said they would rather see these devastating cuts go into effect than close a single loophole that benefit the wealthy,” the official added, previewing Obama’s remarks.
Obama will be joined Tuesday by “emergency responders.” Earlier this month administration officials detailed the dire consequences of the sequester, including thousands of police officers coming off the streets, federal prosecutions being delayed, and delays to federal disaster aid.
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Here are the 3 current major plans to stop the sequester. Yes, of course, it’s the Democrats who are not willing to compromise here.
I’m not going to claim dem or rep but this does not make sense to me. He wants us to avert spending cuts for now, but wasn’t spending cuts part of the deal he cut with the republicans during the fiscal cliff situation as long as the taxes increased for corporations and on the wealthy? So the reps have to uphold their part of the deal and Obama gets to prolong his side? This is really confusing because if he really planned on winning the presidency in 2012 then wouldn’t he have proactively planned this situation when he was signing the 2-year extension of the Bush tax cuts, that expired in 2010? If someone can better explain this then thank you, I’m quite lost at this point.
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Spending: Yes, surely the government has to spend money more wisely by cutting health care costs and defense spending. The US spends two times what other developed countries spend (per person) on medical care, and they have better results. We spend 5 times more on the military than the next most militarized country. Any room for savings there? To fix this we need to stop the powerful medicine-pharma-insurance-military-industrial lobby. The lobbies send a small check to our legislators (that helps ensure their re-election), so that those legislators will keep sending the truck around to shovel our tax dollars into the corporate accounts. We clearly need campaign finance reform in addition to tax and spending reform. Taxes: Why not just tax the two best measures of the the extent to which a household has profited from the economic infrastructure government provides: Income and Wealth (net-worth). Tax income at 20% with no deductions except for everyone the income needed basic needs (a realistic poverty line) is taxed at 3%. This produces a justifiable progressive tax. Replace property, capital gains, estate taxes with a 2% net-worth tax. Have states and localities set and collect a surcharge on every household’s Federal tax. End all other taxes. That’s the 3-20-2 reform plan at http://fairsharetaxes.org It would cut the total taxes of the working-poor and middle-class by thousands each year and with the spending cuts above create federal surpluses to pay down our debt.