In his official speech State of the Union first in his second term, President Barack Obama offered a variety of measures to shore up growth, focusing on ways to help the middle class, and urged Congress to revive the stalled negotiations and compromise to address the budget challenges and for deficit reduction.
Entering its fifth year lead amid a sluggish economy, Obama called the restoration of a strong middle class as "our unfinished task" and have such a divided Congress to be "good compromise" to address the country's fiscal disease that is still ongoing.
Obama renews a series of proposals to encourage U.S. manufacturing growth, helping homeowners who are struggling to get help from the government, and investment in infrastructure. He proposed the minimum wage been increased, asking for tax reforms and promised to pursue the achievement of the deficit-reduction deal that balances tax increases with the changes mandatory spending programs.
"It is the duty of our generation to revive the engine of the American economy strong growth - by increasing the middle class is growing and growing," said Obama in front of lawmakers in the House.
In a speech on Tuesday (Wednesday, GMT), Obama promised to take steps to address climate change if Congress does not act "immediately," and announced plans to form a committee to examine irregularities in polling places, the issue does not seem to be addressed by Congress .
Related experience, Obama appears to be careful not to negotiate issues that might lead to discussion in Congress.
Obama proposed a budget of $ 50 billion for infrastructure - spending that failed they earned as part of the American Jobs Act of 2011-its. He also renewed his proposal to the American manufacturing sector, to seek $ 1 billion to establish "innovation agency" that will develop new technologies for the American manufacturer. Obama says it will take executive action and use the funds to finance the three proposals.
In his speech, Obama again asked for corporate tax reforms, the region where he also has a common basis with Republicans, to make U.S. businesses more competitive abroad.
He also asked Congress to provide more funding for pre-school programs for children from middle to lower income families.
Since the housing market continues to weaken due to the crisis, Obama proposed earned back the recovery by helping more homeowners refinance their mortgages with low interest rates now. He proposed the elimination of transaction costs for homeowners with loans government support, such a housing subsidy met with skepticism by Congress in the past.
Obama also again asked the government investment in summer jobs for a year and runs for low-income youth and adults who are seeking long-term unemployed and low income can get back to work.
Obama also proposed a minimum wage been increased to $ 9 per hour, in several stages, by the end of 2015. Proposal is another example of unbridled ambition. During the 2008 campaign, he promised to raise the minimum wage to $ 9.50 per hour by 2011, but since then little he alluded to the problem.
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