The President's weekly address:
Remarks of President Barack Obama As Prepared for Delivery The White House February 23, 2013: Hi, everybody. Our top priority as a country right now should be doing everything we can to grow our economy and create good, middle class jobs.
And yet, less than one week from now, Congress is poised to allow a series of arbitrary, automatic budget cuts that will do the exact opposite. They will slow our economy. They will eliminate good jobs. They will leave many families who are already stretched to the limit scrambling to figure out what to do.
But here’s the thing: these cuts don’t have to happen. Congress can turn them off anytime with just a little compromise. They can pass a balanced plan for deficit reduction. They can cut spending in a smart way, and close wasteful tax loopholes for the well-off and well-connected.
Unfortunately, it appears that Republicans in Congress have decided that instead of compromising – instead of asking anything of the wealthiest Americans – they would rather let these cuts fall squarely on the middle class. ...
Are Republicans in Congress really willing to let these cuts fall on our kids’ schools and mental health care just to protect tax loopholes for corporate jet owners? Are they really willing to slash military health care and the border patrol just because they refuse to eliminate tax breaks for big oil companies? Are they seriously prepared to inflict more pain on the middle class because they refuse to ask anything more of those at the very top?
These are the questions Republicans in Congress need to ask themselves. And I’m hopeful they’ll change their minds. Because the American people have worked too hard for too long to see everything they’ve built undone by partisan recklessness in Washington. ...
Making America a magnet for good jobs. Equipping our people with the skills required to fill those jobs. Making sure your hard work leads to a decent living. That’s what this city should be focused on like a laser. And I’m going to keep pushing folks here to remember that.
I suppose it's a sign that the president has compromised like he claims, but the compromise has gone too far already from my perspective and I am not enthralled with his deficit reduction plan (though at least Obama finally seems to be getting his priorities -- jobs first -- correct).