Obama appeals to middle class on debt talks; GOP touts balanced budget
July 16th, 2011
04:02 PM ET
11 years ago

Obama appeals to middle class on debt talks; GOP touts balanced budget

(CNN) - Evoking compromises of the past, President Barack Obama said Saturday that a commitment to shared sacrifice can break the current impasse on the debt ceiling.

"Let's be honest. Neither party in this town is blameless," he said in his weekly address. "Both have talked this problem to death without doing enough about it. That's what drives people nuts about Washington."


Filed under: Debt • Deficit • President Obama
soundoff (33 Responses)
  1. There, I said it

    Don't raise the debt ceiling, lets see what we can do without. I don't mind a paying a little more in taxes.

    July 16, 2011 07:30 pm at 7:30 pm |
  2. middleclass123

    I am lower middle class and to be honest I am not better off since all the spending increase by the goverment led by the democrat party and mr obama. the republicans are not much better as they say they will cut spending, but do not. I blame all the career politicans, they spend money (tax payer monies) as their own, vote themselves pay increases, health care and etc. I haven't had a raise in three years, yet the cost of living continues to rise. It it time the goverment operates within its means. The democratic party was in charge for two years and never passed a budget. It is time the goverment pass a balanced budget admendment. I am tired of the free loaders who don't work... I could go on... but really who cares.... neither the conservatives nor the libs....

    July 16, 2011 07:43 pm at 7:43 pm |
  3. larry

    Rep. Sheila Jackson Lee, D-Texas, suggested during a House floor speech Friday that raising the debt ceiling was being held up by members of Congress because President Obama is black. You Liberals have lost your minds!You lack any intelligence of a real conversation for debate.If you have to resort to the race card or it's Bush's fault,stay home and keep collecting your welfare checks and leave real world decisions to the grownups!

    July 16, 2011 07:47 pm at 7:47 pm |
  4. stevetall

    Really? The GOP wouldn't know a balanced budget if it walked over and said, 'Hello'. Balancing the budget involves increasing taxes, and they hate that word. They'd rather spend without taxing! Nobody can spend without taking in revenue, and these days, the rich and the corporations are the only ones with anything that looks like money. I don't buy that "they create jobs" BS, either. They don't create jobs, they create profits. That's it. Nothing else matters to them, so I say, "Tax them until our budget mess is cleared up, then continue to tax until we have a big surplus. Then we can give them a break again, but not until!

    July 16, 2011 08:00 pm at 8:00 pm |
  5. The Obama Recession Continues Unabated, Obama Depression on the way

    "shared sacrifice"??? "shared" by WHO??? Almost half the people in this country don't pay ANY federal income tax and probably half of those get federal welfare. through the tax code. "shared sacrifice" means the few that are carrying the load and already paying plenty are being asked to pay even more because so many others have been given a free ride. Just WHAT is "shared" here? What total BS this clown speaks. Obama is the biggest liar the Whitehouse has ever seen.

    July 16, 2011 08:03 pm at 8:03 pm |
  6. Jane

    Mr. President- The Middle Class Is With You!

    July 16, 2011 08:23 pm at 8:23 pm |
  7. Time for another change

    "Mr. President the Republicans will never work with you. They hate you and any citizen who does not have a seven figure portfolio."

    The American people grow tired of such STUPID and IGNORANT comments. The liberal left has turned into a ridiculous hate machine. It's become commonplace for liberals to claim that those who criticize the President simply hate him for one thing or another. Their list of excuses? Race, Wealth, History, Origins, Religion, etc. Everything but the truth, which are policy driven. It's irrefutable that the predictions made by Democrat leaders about the economy were grossly exaggerated and that the Republican estimates were much closer. Oh sure, but Republicans are working against Democrats. Yeah, right. And Democrats were working against Bush... So Democrats must be responsible for anything bad then too? Get over the hate people. It's time to realize that you are being misled and for all the wrong reasons.

    July 16, 2011 08:45 pm at 8:45 pm |
  8. kip

    We have had tax cuts since 2001 when Bush handed it to the rich. And since then we have lost millions of jobs. So why is all this fuss about protecting the rich on the backs of mid income Americans? You go Obama, keep fighting for us, the mid-income Americans. Let the other side keep fighting for the millionaires, we'll meet them at the polls.

    July 16, 2011 09:45 pm at 9:45 pm |
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