iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Obama’s Speech on the Fiscal Cliff

“Still want to get this done.

The hour for immediate action is here.

Every American’s paycheck would get considerably smaller.

Just had a good conversation with congressional leaders. I’m optimistic a deal can still get done. If a deal can not get done, i will bring a proposal for an up and down vote.

If we can get a majority in the house and the senate then we can get a deal done.

Americans will not have patience for a self inflicted wound.

The housing market is recovering, but that could be derailed as paychecks get smaller.

The unemployment rate is improving.

I want to repeat that we had a constructive conversation today.

If a deal is not cut,  senator Reid has been instructed to create a proposal to insure that taxes do not go up, unemployment insurance is available, and that middle class families get help.”

 

 

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