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President Obama paints budget as a promise keeper
By Tri-State Defender Newsroom | Published  02/28/2009 | News | Rating:
President Obama paints budget as a promise keeper


President Obama makes the case in his weekly address that the budget he sent to Congress will fulfill the promises he made as a candidate, and assures special interests that he is ready for the fight. (Whitehouse photo)

President Obama says the budget he sent to Congress will fulfill the promises he made as a candidate.  The budget sets out a new vision for the country when viewed on fiscal responsibility, a fair tax code, a clean energy economy, real health care reform, and education.

The $3.6 trillion budget will be fought by some every step of the way, he says.

On his weekly address Saturday, President Obama framed the scenario this way:

“I realize that passing this budget won’t be easy.  Because it represents real and dramatic change, it also represents a threat to the status quo in Washington.  

“I know that the insurance industry won’t like the idea that they’ll have to bid competitively to continue offering Medicare coverage, but that’s how we’ll help preserve and protect Medicare and lower health care costs for American families.  

“I know that banks and big student lenders won’t like the idea that we’re ending their huge taxpayer subsidies, but that’s how we’ll save taxpayers nearly $50 billion and make college more affordable.  

“I know that oil and gas companies won’t like us ending nearly $30 billion in tax breaks, but that’s how we’ll help fund a renewable energy economy that will create new jobs and new industries.   

“I know these steps won’t sit well with the special interests and lobbyists who are invested in the old way of doing business, and I know they’re gearing up for a fight as we speak.  My message to them is this:

“So am I.”

Source: Whitehouse.gov

Watch the full address: http://www.whitehouse.gov/


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