Obama accused Republicans of wanting “to put special interests back in the driver’s seat in
Rep.
“As a result of the economically disastrous policies
of the current administration, millions of Americans are out of work
today, and our children will be saddled with a deficit and debt that
is, by every definition, out of control,” McCarthy said.
“The land of opportunity has become the land of
shrinking prosperity,” he said. “Americans across the country are
outraged, and so are we. … Our government has failed us.”
The president noted that on Monday economists declared that the recession officially ended in
“But we have to keep pushing to promote growth that
will generate the jobs we need and repair the terrible damage the
recession has done,” Obama said. “That’s why I’ve proposed a series of
additional steps: accelerated tax breaks for businesses who buy
equipment now; a permanent research and development tax break to
promote innovation by American companies; and a new initiative to
rebuild America’s roads, rails and runways that will put folks to work
and make our country more competitive.”
It’s unclear how many of those measures will pass in the remaining few weeks before
In their “Pledge to America,” unveiled at a
hardware store, Republican lawmakers promised to keep the Bush
administration tax cuts in place and to repeal the health care plan
that Obama and the Democrats passed this year. They also promised a
“path to a balanced budget,” but their plan did not include many
specific spending cuts to offset the
Obama, who once touted bipartisan compromise,
blasted the blueprint by Republican lawmakers who have sought to block
his agenda at almost every turn.
“The Republicans who want to take over
offered their own ideas the other day,” he said. “Many were the very
same policies that led to the economic crisis in the first place, which
isn’t surprising, since many of their leaders were among the architects
of that failed policy.”
Obama noted that the Republicans drew some of their
ideas from a website called “America Speaking Out,” and he pointed out
that one popular idea on the website, “ending tax breaks for companies
that ship jobs overseas,” was opposed by most GOP House members when it
came up for a vote recently.
“So, America may be speaking out, but Republicans in
sure aren’t listening,” the president said. “And for all their talk
about reining in spending and getting our deficits under control, they
want to borrow another
for millionaires. … The way for us to remain the greatest country on
Earth isn’t to turn back the clock and put the special interests in
charge. It’s to make sure all our people are getting a fair shake.”
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(c) 2010, Tribune Co.
Distributed by McClatchy-Tribune Information Services.