Obama Takes New Economic Plan on Tour

Posted January 25th, 2012 at 2:05 pm (UTC-5)
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U.S. President Barack Obama is on the road, taking to the American people the economic plan he unveiled in his State of the Union address.

President Obama Wednesday pushed his agenda of rebuilding the American economy on manufacturing and alternative energy during a speech at a conveyor belt factory in the Iowa. But the president emphasized the economic change starts with reforming the tax code.

The president again called on a bitterly divided Congress to “pass this tax cut without drama” and “without delay.” Mr. Obama has called for higher taxes on the country's wealthiest taxpayers.

The president is on a three-day, five-state tour both to sell his economic plan and to shore up support in politically crucial states for his contentious re-election bid later this year. The president will also stop in the states of Arizona, Colorado, Nevada and Michigan.

The president said Tuesday in the State of the Union address that his new blueprint will work for everyone, not just the wealthy. Mr. Obama told a joint session of the U.S. Congress and millions of television viewers that his plans are for “an economy that's built to last” on not only manufacturing and energy, but on new skills for American workers, and what he described as “a renewal of American values.”

The Democratic president warned Republican lawmakers that he will fight any effort to return to an economy that he says was “weakened by outsourcing, bad debt and phony financial profits.”

In the Republican response, Indiana Governor Mitch Daniels said President Obama has resorted to “extremism” with what he called anti-growth policies and a plan to divide Americans rather than unite them. Daniels said the Obama administration has sought to win favor with some Americans by castigating others, and called Mr. Obama's policies “pro-poverty.”