Washington (CNN) - President Barack Obama called on Democratic and Republican leaders to come together and do "the right thing" to resolve the nation's debt crisis Saturday in his weekly address.
He warned that unless an agreement is reached to raise the amount of money the federal government is allowed to borrow, debt will "weaken our economy, cause higher interest rates for families, and force us to scale back things like education and Medicare."
(CNN)-President Barack Obama and Sen. Orrin Hatch rallied for balance during the weekly addresses Saturday, but differed on the types of balance necessary.
As Obama advocated for a balanced approach to resolve the deficit, Hatch urged the need for a balanced budget amendment.
(CNN) - With the deadline for the debt ceiling negotiations rapidly approaching, President Barack Obama called on Democrats and Republicans to work together to find “a balanced approach” to solving the nation’s debt crisis.
“Right now, we have an extraordinary – and extraordinarily rare – opportunity to move forward in a way that makes sure our government lives within its means,” Obama said in his weekly address. “And I’m hopeful that we will rise to the moment, and seize this opportunity, on behalf of all Americans, and the future we hold in common.”
(CNN)-President Barack Obama advocated for his plan to ensure the federal government starts "living within its means," Saturday during the weekly address.
He made the case for a plan to battle the federal budget deficit that includes spending cuts and "examining every program and tax break in the budget."
(CNN)-Tennessee Republican Sen. Lamar Alexander railed against the Obama administration in Saturday's GOP weekly address. Taking aim at actions by the National Labor Relations Board, Alexander championed right-to-work laws that "protect a worker's right to join or not to join a union."
The second-term senator supported the rights of unionized companies to expand into states with right-to-work laws as a way to make it "easier and cheaper to create private sector jobs here in America."
(CNN)-President Barack Obama delivered the weekly address Saturday from a Chrysler plant in Toledo, Ohio, where he championed the "turnaround" of the auto industry.
"Today, each of the Big Three automakers-Chrysler, GM, and Ford-is turning a profit for the first time since 2004," he said. "Chrysler has repaid every dime and more of what it owes American taxpayers for their support during my presidency-and repaid that money six years ahead of schedule."
Washington (CNN) – Vice President Joe Biden began the weekly address with “good news” Saturday, praising signs of growth in the economy as seen through the lens of the automobile industry.
“Not only is our economy overall growing,” he said, “one of the important sectors of economy is on the rise again: the American automobile industry.”
(CNN) - Texas Sen. Kay Bailey Hutchison struck a partisan tone while calling for the development of a comprehensive energy policy Saturday, just days after both Democrats and Republicans saw separate energy-related bills defeated in Congress.
“Republicans have consistently called for greater access to our domestic sources of energy to spur good American jobs, and to prepare for circumstances we can’t control, like natural disasters or unrest in the Middle East that creates instability and drives up the cost of a barrel of oil,” Hutchison said in the GOP weekly address.
Washington (CNN)-President Obama reflected on pain at the gas pump during his weekly address Saturday.
Noting figures that suggest the economy is growing again with an increase of almost 2 million private sector jobs over the last 13 months, the president recognized it's "still too hard to find a job" and "rising gas prices mean real pain for our families at the pump."