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In State of the Union, Obama Makes Middle-Class Pitch
Keywords:
Tags: Current Focus, United States,
President Obama proposes changes in taxes to fund programs to aid students such as free 2 years of community college, aid for student loans, and financial help for middle class families. Senate Majority Leader McConnell says the proposals to raise income taxes for high income Americans with $320 billion in new revenues over 10 years, reduced prospects for changes in the tax system. He said the Obama proposals were designed " to excite the base but not designed to pass." Obama says "the shadow of crisis has passed," and calls for "middle class economics," and improving incomes for anyone making the effort. The call comes as inequality widened during the long recession and some of the Obama administration's policies such as on homeowner foreclosure, and lack of focus on unemployment during the first term, may have actually worsened inequality. The call also comes late in the second term in Jan 2015- with presidential elections in 2016- after the Republicans gain control of both Houses of Congress, which is why Republicans dismiss this as mere political talking points for the base.
U.S. president Obama's 2015 State of the Union address
01/19/2015
President Obama proposed changes in taxes to fund programs for helping students and the middle class.
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Linked Articles
Bold Call to Action in Obama’s State of the Union, Even if No Action Is Likely
New York Times 01/20/2015
In State of the Union, Obama Makes Middle-Class Pitch
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