Barack Obama blasts GOP presidential candidates, says they yap about ‘doom and
Speaking live from a Business Roundtable event in Washington on Wednesday about the state of the U.S. economy and a looming budget showdown with Congress, Obama lamented the “perennial doom and gloom” from Republicans currently running for president.
He chided GOP lawmakers for threatening to shut down the government unless Planned Parenthood is defunded. We can do even better, but the reason I’m so confident about our future is not because of our government, or the size of our GDP, or our military, but because everybody in this country that I meet regardless of their station in life, their race, their religion, the region they live in.
The White House has said Obama does not plan to watch the debates.
President Barack Obama, seizing on a lifeline from Republican presidential candidates, is dusting off his campaign to end a tax break exploited by private-equity managers, venture capitalists and some hedge fund executives.
“I will tell you that keeping this tax loophole – which leads to folks who are doing very well paying lower rates than their secretaries – is not in any demonstrable way improving our economy”, Obama said Wednesday. Those profits now are subject to a 23.8 percent top tax rate on gains rather than the 43.4 percent rate that applies to wages. The change could bring in $17.7 billion over the next decade, according to Obama’s 2016 budget.
He said that funds raised from closing the loophole could make college more affordable or be invested in job training. One thousand new illegal aliens will settle in our country today, and most of them will have come in legally on some kind of visa, but just stayed when their time was up.
But other Republican presidential candidates came out in support of Bush. But he also chided those seeking to become his successor, accusing them of ignoring the economic progress since he took office in 2009 on the heels of the financial collapse.
The anti-immigrant focus of Donald Trump’s presidential campaign reminds historian Bernard A. Weisberger of shameful past eras that conflict with America’s self-image as a place of refuge for people from many lands. But Republicans are eying a longer stopgap spending bill than Democrats want.
At the same time, the Republican leader is trying to respond to conservative Republican demands for pulling the plug on Planned Parenthood’s federal funds, which total around $500 million a year. “The goal is to stop these horrific practices of organizations selling baby parts”.
White House spokesman Josh Earnest later said Obama was “intentionally non-specific” in the comments and said the U.S. government is “hopeful” that it will not need to use sanctions or other measures against China for cyber attacks on U.S. commercial targets.