Barack Obama

Barack Obama

Summary

Portrait of Barack Obama Barack Obama From the Middle-Out

This week, the Republicans in Congress put forward a very different budget. And it does just the opposite: it shrinks opportunity and makes it harder for Americans who work hard to get ahead.
The Republican budget begins by handing out massive tax cuts to households making more than $1 million a year. Then, to keep from blowing a hole in the deficit, they’d have to raise taxes on middle-class families with kids. Next, their budget forces deep cuts to investments that help our economy create jobs, like education and scientific research.
Source: Wikisource

Portrait of Barack Obama Barack Obama From the Middle-Out

While those at the top are doing better than ever, too many Americans are working harder than ever, but feel like they can’t get ahead.
That’s why the budget I sent Congress earlier this year is built on the idea of opportunity for all. It will grow the middle class and shrink the deficits we’ve already cut in half since I took office.
It’s an opportunity agenda with four goals. Number one is creating more good jobs that pay good wages. Number two is training more Americans with the skills to fill those jobs. Number three is guaranteeing every child access to a great education.
Source: Wikisource

Portrait of Barack Obama Barack Obama From the Middle-Out

And for good measure, their budget guts the rules we put in place to protect the middle class from another financial crisis like the one we’ve had to fight so hard to recover from.
Policies that benefit a fortunate few while making it harder for working Americans to succeed are not what we need right now. Our economy doesn’t grow best from the top-down; it grows best from the middle-out.
Source: Wikisource

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