U.S. President Barack Obama says U.S. car sales are higher than they have been in four years. Mr. Obama said in his weekly address Saturday that the high sales were reached because his administration “refused to let Detroit go bankrupt.” He said his administration “bet” on American workers and their ingenuity, and that bet is […]
Obama Pledges Aid to Drought-Stricken Farmers
U.S. President Barack Obama has pledged a wide-ranging response for farmers and ranchers to the one of the worst droughts in more than 50 years. Mr. Obama said in his weekly address Saturday the current corn crop is in “poor or very poor” condition and cattle farmers are “struggling to feed their animals.” The president […]
Obama Wants Tax Cut Extension
****EMBARGOED UNTIL 6 AM**** U.S. President Barack Obama is calling on Congress to extend tax cuts for another year for the 98 percent of Americans who make less than $250,000 per year. The president said in his weekly address Saturday a tax increase — scheduled to go into effect on January 1 — would be […]
Obama Urges Congress to Do More for Americans
U.S. President Barack Obama says he has signed a bill that will keep thousands of construction workers on the job rebuilding the nation’s crumbling infrastructure. He says the bill will also stop interest rates on federal loans from doubling for more than 7 million students. During his weekly address Saturday, Mr. Obama said the bill […]
President Obama Says US Must Refine Energy Goals
U.S. President Barack Obama says the bailout of the auto industry saved more than one million jobs during the country’s worst recession since the Great Depression. During his weekly address Saturday, Mr. Obama said the revival of the top U.S. automakers also added more than 200,000 new auto industry jobs in the past two-and-a-half years. […]
Obama Urges Congress to Reward Job-Creating Manufacturers
U.S. President Barack Obama says the transformation in American manufacturing has cost some people jobs, but he says Americans do not have to settle for a “lesser future.” The president says Congress should reform the tax code and reward manufacturers keeping jobs at home. During Saturday’s weekly address from a Boeing manufacturing plant in Seattle, […]
South Africa’s Zuma Outines Plan to Create Jobs, Lift Economy
South Africa’s president has outlined what he calls a massive infrastructure drive to help create jobs and stimulate the economy. During his state of the nation address on Thursday, President Jacob Zuma said the plan must not only create “power stations, rail lines, dams and roads.” He said the initiative must also “industrialize the country, […]
Obama: Tourism Will Boost the US Economy
U.S. President Barack Obama is urging Congress and the country to back his new initiative to boost tourism, which he says will create jobs. During his weekly address Saturday, Mr. Obama said he wants to make it easier for visitors to come and spend money in America. The president is proposing to speed up screening […]
Obama ‘Hopeful’ about New Year
U.S. President Barack Obama says he is “hopeful” the new year will bring about more progress for the United States, including the ability to grow the economy and create jobs. In his weekly address Saturday, Mr. Obama said he is hopeful because lawmakers did “the right thing” for millions of Americans before Christmas by preventing […]
US President Thanks Troops in Holiday Address
U.S. President Barack Obama’s wished Americans a Merry Christmas and happy holidays in his weekly address, while including a special message of thanks to the troops. The president said Saturday “let’s take a moment to give thanks for their service….especially the brave men and women in Afghanistan.” First Lady Michelle Obama joined the president, adding […]