Liveblog: Obama addresses the nation on debt
July 25th, 2011
08:54 PM ET
11 years ago

Liveblog: Obama addresses the nation on debt

Washington (CNN)-President Barack Obama addressed the nation on the debt ceiling seven days before the nation is forecast to reach the debt limit of $14.29 trillion dollars. Lawmakers must reach an agreement before August 2 to increase the amount of money the nation can borrow and avoid the possibility of default. Republican Speaker of the House John Boehner delivered a response to the address following the president's remarks.

11:18 p.m. ET
  @EWErickson Boehner's plan is best called "Punt, Kick, & Pass." Punts to another commission, kicks the can & passes more debt onto future generations.

11:00 p.m. ET
@ChuckSchumer Time for @SpeakerBoehner to lead his caucus; right now, extreme bloc in House is leading him instead

10:13 p.m. ET @PressSec Jay Carney (EOP) As #POTUS said, Americans are "fed up with a town where compromise has become a dirty word." Rs & Ds need to come together, and act.

10:00 p.m. ET @KyungLahCNN What do you think? #Japan's yen now below 78, big concerns in Tokyo of impact to Japan from lack of #debt ceiling deal. Who do you blame?

9:53 p.m. ET
@CoryBooker Obama agrees with Reagan (and every other president over the past 30 yrs). it is outrageous not to raise debt limit and pay our obligations.

9:46 p.m. ET @JeffFlake President wants a balanced approach? How 'bout agreeing to sign cut, cap & balance.

9:45 p.m. ET
@DanaPerino I think potus could help himself if next appearance included Bo the dog – dogs can help sell anything!

Read the full liveblog after the jump.

9:35 p.m. ET @JonHuntsman @BarackObama's call for tax increases and his own politically convenient timetable are misguided and reckless

9:35 p.m. ET @LisaDCNN OBAMA v BOEHNER political bottom line: Tonight was time travel from #debt debate to opening shots in 2012 election cycle.

9:32 p.m. ET @rolandsmartin It's time for YOU to ride Congress to get a deal. In the morning, CALL 202-225-3121 & BLOW UP the lines of ALL members of Congress! RT!

9:29 p.m. ET @LarrySabato Dems think Obama did well. Rs think Boehner did well. And in a nutshell there's the problem.

9:28 p.m. ET @PJCrowley The world is indeed watching. We must live within our means, but #America also has national and global interests that default would harm.

9:26 p.m. ET
@EWErickson Boehner's speech was right on. The problem is Boehner's plan doesn't cut enough to avoid a credit downgrade.

9:23 p.m. ET @LisaDCNN Boehner yet to answer president's charge that his bill would just "kick the can" to next year and rattle the markets.

9:22 p.m. ET Speaker Boehner: This debate isn't about President Obama and House Republicans … it isn't about Congress and the White House … it's about what’s standing between the American people and the future we seek for ourselves and our families.

You know, I’ve always believed, the bigger government, the smaller the people. And right now, we have a government so big and so expensive it’s sapping the drive of our people and keeping our economy from running at full capacity.

The solution to this crisis is not complicated: if you’re spending more money than you’re taking in, you need to spend less of it,

There is no symptom of big government more menacing than our debt. Break its grip, and we begin to liberate our economy and our future.

We are up to the task, and I hope President Obama will join us in this work.

God bless you and your families, and God bless America.

9:21 p.m. ET Speaker Boehner: You see, there is no stalemate in Congress. The House has passed a bill to raise the debt limit with bipartisan support. And this week, while the Senate is struggling to pass a bill filled with phony accounting and Washington gimmicks, we will pass another bill – one that was developed with the support of the bipartisan leadership of the U.S. Senate.

Obviously, I expect that bill can and will pass the Senate, and be sent to the President for his signature. If the President signs it, the ‘crisis’ atmosphere he has created will simply disappear. The debt limit will be raised. Spending will be cut by more than one trillion dollars, and a serious, bipartisan committee of the Congress will begin the hard but necessary work of dealing with the tough challenges our nation faces.

The individuals doing this work will not be outsiders, but elected representatives of the people, doing the job they were elected to do as outlined in the Constitution. Those decisions should be made based on how they will affect people who are struggling to get a job, not how they affect some politician’s chances of getting reelected.

9:19 p.m. ET @LisaDCNN BOEHNER: President Obama wants business as usual, a routine increase in the debt. GOP will say "not so fast".

9:18 p.m. ET
@LisaDCNN BOEHNER: Introduces himself. He is the speaker of the "whole house".

9:17 p.m. ET House Speaker John Boehner response
: Good evening. I’m John Boehner. I serve as Speaker of the whole House - of the members of both parties that you elect. These are difficult times in the life of our nation. Millions are looking for work, have been for some time, and the spending binge going on in Washington is a big part of the reason why.

Before I served in Congress, I ran a small business in Ohio. I was amazed at how different Washington DC operated than every business in America. Where most American business make the hard choices to pay their bills and live within their means, in Washington more spending and more debt is business as usual.

I’ve got news for Washington – those days are over.

President Obama came to Congress in January and requested business as usual - yet another routine increase in the national debt limit - we in the House said 'not so fast.’ Here was the president, asking for the largest debt increase in American history, on the heels of the largest spending binge in American history.

Here's what we got for that spending binge: a massive health care bill that most Americans never asked for. A 'stimulus' bill that was more effective in producing material for late-night comedians than it was in producing jobs. And a national debt that has gotten so out of hand it has sparked a crisis without precedent in my lifetime or yours.

The United States cannot default on its debt obligations. The jobs and savings of too many Americans are at stake.

What we told the president in January was this: the American people will not accept an increase in the debt limit without significant spending cuts and reforms.

And over the last six months, we’ve done our best to convince the president to partner with us to do something dramatic to change the fiscal trajectory of our country. . .something that will boost confidence in our economy, renew a measure of faith in our government, and help small businesses get back on track.

Last week, the House passed such a plan, and with bipartisan support. It’s called the ‘Cut, Cap, and Balance’ Act. It CUTS and CAPS government spending and paves the way for a Balanced Budget Amendment to the Constitution, which we believe is the best way to stop Washington from spending money it doesn’t have. Before we even passed the bill in the House, the President said he would veto it.

I want you to know I made a sincere effort to work with the president to identify a path forward that would implement the principles of Cut, Cap, & Balance in a manner that could secure bipartisan support and be signed into law. I gave it my all.

Unfortunately, the president would not take yes for an answer. Even when we thought we might be close on an agreement, the president’s demands changed.

The president has often said we need a 'balanced' approach - which in Washington means: we spend more. . .you pay more. Having run a small business, I know those tax increases will destroy jobs.

The president is adamant that we cannot make fundamental changes to our entitlement programs. As the father of two daughters, I know these programs won’t be there for them and their kids unless significant action is taken now.

The sad truth is that the president wanted a blank check six months ago, and he wants a blank check today. That is just not going to happen.

9:15 p.m. ET
President Obama: History is scattered with the stories of those who held fast to rigid ideologies and refused to listen to those who disagreed. But those are not the Americans we remember. We remember the Americans who put country above self, and set personal grievances aside for the greater good. We remember the Americans who held this country together during its most difficult hours; who put aside pride and party to form a more perfect union.

That’s who we remember. That’s who we need to be right now. The entire world is watching. So let’s seize this moment to show why the United States of America is still the greatest nation on Earth – not just because we can still keep our word and meet our obligations, but because we can still come together as one nation. Thank you, God bless you, and may God bless the United States of America.

9:13 p.m. ET
President Obama: Congress now has one week left to act, and there are still paths forward. The Senate has introduced a plan to avoid default, which makes a down payment on deficit reduction and ensures that we don’t have to go through this again in six months.

I think that’s a much better path, although serious deficit reduction would still require us to tackle the tough challenges of entitlement and tax reform. Either way, I have told leaders of both parties that they must come up with a fair compromise in the next few days that can pass both houses of Congress – a compromise I can sign. And I am confident we can reach this compromise. Despite our disagreements, Republican leaders and I have found common ground before. And I believe that enough members of both parties will ultimately put politics aside and help us make progress.

I realize that a lot of the new members of Congress and I don’t see eye-to-eye on many issues. But we were each elected by some of the same Americans for some of the same reasons. Yes, many want government to start living within its means. And many are fed up with a system in which the deck seems stacked against middle-class Americans in favor of the wealthiest few. But do you know what people are fed up with most of all?

They’re fed up with a town where compromise has become a dirty word. They work all day long, many of them scraping by, just to put food on the table. And when these Americans come home at night, bone-tired, and turn on the news, all they see is the same partisan three-ring circus here in Washington. They see leaders who can’t seem to come together and do what it takes to make life just a little bit better for ordinary Americans. They are offended by that. And they should be.

The American people may have voted for divided government, but they didn’t vote for a dysfunctional government. So I’m asking you all to make your voice heard. If you want a balanced approach to reducing the deficit, let your Member of Congress know. If you believe we can solve this problem through compromise, send that message.

America, after all, has always been a grand experiment in compromise. As a democracy made up of every race and religion, where every belief and point of view is welcomed, we have put to the test time and again the proposition at the heart of our founding: that out of many, we are one. We have engaged in fierce and passionate debates about the issues of the day, but from slavery to war, from civil liberties to questions of economic justice, we have tried to live by the words that Jefferson once wrote: “Every man cannot have his way in all things…Without this mutual disposition, we are disjointed individuals, but not a society.”

9:10 p.m. ET
@AriFleischer I guess O forgot he voted against raising the debt limit when he was a senator. Not so routine then I guess...

9:10 p.m. ET
President Obama: And Republican leaders say that they agree we must avoid default. But the new approach that Speaker Boehner unveiled today, which would temporarily extend the debt ceiling in exchange for spending cuts, would force us to once again face the threat of default just six months from now. In other words, it doesn’t solve the problem.

First of all, a six-month extension of the debt ceiling might not be enough to avoid a credit downgrade and the higher interest rates that all Americans would have to pay as a result. We know what we have to do to reduce our deficits; there’s no point in putting the economy at risk by kicking the can further down the road.

But there’s an even greater danger to this approach. Based on what we’ve seen these past few weeks, we know what to expect six months from now. The House will once again refuse to prevent default unless the rest of us accept their cuts-only approach. Again, they will refuse to ask the wealthiest Americans to give up their tax cuts or deductions. Again, they will demand harsh cuts to programs like Medicare. And once again, the economy will be held captive unless they get their way.

That is no way to run the greatest country on Earth. It is a dangerous game we’ve never played before, and we can’t afford to play it now. Not when the jobs and livelihoods of so many families are at stake. We can’t allow the American people to become collateral damage to Washington’s political warfare.

9:08 p.m. ET
@LisaDCNN Getting lots of tweets from you guys that this sounds like a campaign speech.

9:08 p.m. ET President Obama: Now, what makes today’s stalemate so dangerous is that it has been tied to something known as the debt ceiling – a term that most people outside of Washington have probably never heard of before.

Understand – raising the debt ceiling does not allow Congress to spend more money. It simply gives our country the ability to pay the bills that Congress has already racked up. In the past, raising the debt ceiling was routine. Since the 1950s, Congress has always passed it, and every President has signed it. President Reagan did it 18 times. George W. Bush did it 7 times. And we have to do it by next Tuesday, August 2nd, or else we won’t be able to pay all of our bills.

Unfortunately, for the past several weeks, Republican House members have essentially said that the only way they’ll vote to prevent America’s first-ever default is if the rest of us agree to their deep, spending cuts-only approach.

If that happens, and we default, we would not have enough money to pay all of our bills – bills that include monthly Social Security checks, veterans’ benefits, and the government contracts we’ve signed with thousands of businesses.

For the first time in history, our country’s Triple A credit rating would be downgraded, leaving investors around the world to wonder whether the United States is still a good bet. Interest rates would skyrocket on credit cards, mortgages, and car loans, which amounts to a huge tax hike on the American people. We would risk sparking a deep economic crisis – one caused almost entirely by Washington.

Defaulting on our obligations is a reckless and irresponsible outcome to this debate.

9:07 p.m. ET @cnnbrk #Obama on what default could mean: "Interest rates could climb for everyone who borrows money" #debt

9:06 p.m. ET President Obama: Because neither party is blameless for the decisions that led to this problem, both parties have a responsibility to solve it. And over the last several months, that’s what we’ve been trying to do. I won’t bore you with the details of every plan or proposal, but basically, the debate has centered around two different approaches.

The first approach says, let’s live within our means by making serious, historic cuts in government spending. Let’s cut domestic spending to the lowest level it’s been since Dwight Eisenhower was President. Let’s cut defense spending at the Pentagon by hundreds of billions of dollars. Let’s cut out the waste and fraud in health care programs like Medicare – and at the same time, let’s make modest adjustments so that Medicare is still there for future generations. Finally, let’s ask the wealthiest Americans and biggest corporations to give up some of their tax breaks and special deductions.

This balanced approach asks everyone to give a little without requiring anyone to sacrifice too much. It would reduce the deficit by around $4 trillion and put us on a path to pay down our debt. And the cuts wouldn’t happen so abruptly that they’d be a drag on our economy, or prevent us from helping small business and middle-class families get back on their feet right now.

This approach is also bipartisan. While many in my own party aren’t happy with the painful cuts it makes, enough will be willing to accept them if the burden is fairly shared. While Republicans might like to see deeper cuts and no revenue at all, there are many in the Senate who have said “Yes, I’m willing to put politics aside and consider this approach because I care about solving the problem.” And to his credit, this is the kind of approach the Republican Speaker of the House, John Boehner, was working on with me over the last several weeks.

The only reason this balanced approach isn’t on its way to becoming law right now is because a significant number of Republicans in Congress are insisting on a cuts-only approach – an approach that doesn’t ask the wealthiest Americans or biggest corporations to contribute anything at all. And because nothing is asked of those at the top of the income scales, such an approach would close the deficit only with more severe cuts to programs we all care about – cuts that place a greater burden on working families.

So the debate right now isn’t about whether we need to make tough choices. Democrats and Republicans agree on the amount of deficit reduction we need. The debate is about how it should be done. Most Americans, regardless of political party, don’t understand how we can ask a senior citizen to pay more for her Medicare before we ask corporate jet owners and oil companies to give up tax breaks that other companies don’t get. How can we ask a student to pay more for college before we ask hedge fund managers to stop paying taxes at a lower rate than their secretaries? How can we slash funding for education and clean energy before we ask people like me to give up tax breaks we don’t need and didn’t ask for?
That’s not right. It’s not fair. We all want a government that lives within its means, but there are still things we need to pay for as a country – things like new roads and bridges; weather satellites and food inspection; services to veterans and medical research.

Keep in mind that under a balanced approach, the 98% of Americans who make under $250,000 would see no tax increases at all. None. In fact, I want to extend the payroll tax cut for working families. What we’re talking about under a balanced approach is asking Americans whose incomes have gone up the most over the last decade – millionaires and billionaires – to share in the sacrifice everyone else has to make. And I think these patriotic Americans are willing to pitch in. In fact, over the last few decades, they’ve pitched in every time we passed a bipartisan deal to reduce the deficit. The first time a deal passed, a predecessor of mine made the case for a balanced approach by saying this:

“Would you rather reduce deficits and interest rates by raising revenue from those who are not now paying their fair share, or would you rather accept larger budget deficits, higher interest rates, and higher unemployment? And I think I know your answer.”

Those words were spoken by Ronald Reagan. But today, many Republicans in the House refuse to consider this kind of balanced approach – an approach that was pursued not only by President Reagan, but by the first President Bush, President Clinton, myself, and many Democrats and Republicans in the United States Senate. So we are left with a stalemate.

As a result, the deficit was on track to top $1 trillion the year I took office.

9:05 p.m. ET @AriFleischer As a senator, O supported an even more expensive, bigger Medicare drug program, which wasn't paid for.

9:03 p.m. ET @LisaDCNN OBAMA: so far, saying I inherited the deficit and then the economy tanked.

9:02 p.m. ET @EWErickson The President starts out blaming the GOP. Hey GOP, guess what he'll do if Boehner's plan passes and we lose our credit rating?

9:02 p.m. ET
President Obama: To make matters worse, the recession meant that there was less money coming in, and it required us to spend even more – on tax cuts for middle-class families; on unemployment insurance; on aid to states so we could prevent more teachers and firefighters and police officers from being laid off. These emergency steps also added to the deficit. Now, every family knows that a little credit card debt is manageable. But if we stay on the current path, our growing debt could cost us jobs and do serious damage to the economy. More of our tax dollars will go toward paying off the interest on our loans. Businesses will be less likely to open up shop and hire workers in a country that can’t balance its books. Interest rates could climb for everyone who borrows money – the homeowner with a mortgage, the student with a college loan, the corner store that wants to expand. And we won’t have enough money to make job-creating investments in things like education and infrastructure, or pay for vital programs like Medicare and Medicaid.
9:01 p.m. ET Note: Standing off to stage right in the East Room: Chief of Staff Daley, fellow Chicagoan Valerie Jarrett, Press Secretary Jay Carney.

9:01 p.m. ET President Obama
Good evening. Tonight, I want to talk about the debate we’ve been having in Washington over the national debt – a debate that directly affects the lives of all Americans.
For the last decade, we have spent more money than we take in. In the year 2000, the government had a budget surplus. But instead of using it to pay off our debt, the money was spent on trillions of dollars in new tax cuts, while two wars and an expensive prescription drug program were simply added to our nation’s credit card.

8:41 p.m. ET
@David_Gergen In past, Presidents usually give emergency speeches about someone outside hurting USA. This is a self-inflicted wound!

8:36 p.m. ET @ErinBurnettCNN Source who met w/S&P says SIZE of Boehner plan is the problem.MIGHT not be enough to avert downgrade,needs to be closer to $3TR all at once.

8:35 p.m. ET
@David_Gergen On CNN, will be watching #Obama, #Boehner to see if they can get past posturing, lead us to safety.

8:22 p.m. ET Robert Reich during interview on CNN
Social Security "is not the problem." Says social security is actually in surplus right now, and is making the deficit actually look smaller than it is.

8:18 p.m. ET Sen. Jeff Sessions during interview on CNN "The problem we've got is not the debt ceiling. The problem we have is the surging deficit."

6:52 p.m. ET @AWMooneycnn More on Obama's speech: He will outline no new plan

Filed under: Congress • Debt • Deficit • President Obama
soundoff (306 Responses)
  1. MrBig

    I hope you enjoy default republicans, because you aren't getting your way...PERIOD

    July 25, 2011 10:43 pm at 10:43 pm |
  2. Bruce

    Obama is telling congress to raise his taxes. He knows the rich and the corporations have been getting a free ride for too long. Can anyone tell the republicans are always trying to keep the rich and the corporations from being taxed. It is not right to put more weight on the shoulders of the poor and middle class. Boehners idea is to take more from the poor. Why not let the oil companies pay a little tax for once.

    July 25, 2011 10:43 pm at 10:43 pm |
  3. raydantzler

    I would like the Republicans to outline how they propose to cut 3 trillion from the budget. And be specific on what they would cut os th american people can really judge their plan. This is all a forest to make President Obama a 1 term president. Those GOPer's know that Obama is on th right track.

    July 25, 2011 10:44 pm at 10:44 pm |
  4. joey

    On the face of both speeches, Obama seemed reasonable and centered, Boehner hurried and harried, clearly caught between being a reasonable man and fearful of losing the speakership because of the radical thinking right wingers in his party. Why would any fair-minded person making +$250.000 not be willing to sacrifice some of his good fortune for the good of the nation and his or her fellow citizens? What a tragic/sad situation and mark of immaturity in a country where so many of us would like to trust our so called leaders. to stop playing "chicken" with our country's reputation. Time to grow up.

    July 25, 2011 10:44 pm at 10:44 pm |
  5. Chiron in NYC

    What a sickening deeply cowardly speech. The deficit has two sources: the Bush tax cuts, and the Bush wars...based on greed and lies....The Rich have to pay for these disgusting greed-based useless actions.....Obama is collapsing, a waste...why should elders and the needy pay for those lies, that huge deficit???.... Tax? tax the poor, not the rich...where are the protests? Why can't Obama say: rich guys, right wing, step up and pay for your irresponsible cuts and wars....Am I crazy? Republican greed seeks to destroy the American republic...It's that simple...what do we get? these guys are American nazis....What else? Grover Norquist rules? apparently he does....At the cost of millions of deaths.....

    July 25, 2011 10:44 pm at 10:44 pm |
  6. wuroye

    I am so fed up, Boehner is a big liar. I didn't expect this from him.

    July 25, 2011 10:44 pm at 10:44 pm |
  7. Tom

    I will call my congress rep. and tell him not to give the Pres. another blank check to finance his re-election, I balance my budget every month and so should the Gov. All of this could easly be fixed if the Libs would let us drill for oil !!!!!! If you will think back we did not have these big Problems until Pelosi took over the house, this is all driven from the price of gas!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Notice the price of gas is creeping back up to 4 dollars and no one is saying a thing!!!!!!!!!!!!!!!!!!1

    July 25, 2011 10:45 pm at 10:45 pm |
  8. Sam

    The #1 problem is not "6 days left to raise the debt limit", the worse problem is "Neither Congress nor the President – for over 30 years, has been willing to cut spending". The amount of revenue is not too low, the amount spent every year is too high. Borrowing 35% of your expenditures month after month is not sustainable, for a family or for a country. President Obama rejected Simpson-Bowles cause it cut spending, the Ryan budget was rejected by Obama and Reid cause it cut too much, and I guess Cut Cap & Balance was too much too quick. I think he just wants an open credit limit for the remainder of this term, regardless of where it sends the country. The Reid proposal to cut 2.5 trillion over 10 years, of which 1 trillion has already been taken out of deficit projections, is faulty accounting. The COB figures plan to add 9.5 Trillion MORE over 10 years than the 16.5 trillion we're about to have. Cutting 1.5 trillion from that is almost meaningless. I'm not opposed to tax reform, closing loopholes, etc. but ONLY if Congress is FORCED to reduce spending, with a plan to eventually get to a balanced budget.

    July 25, 2011 10:45 pm at 10:45 pm |
  9. Stephen Clay

    Why don't they really do what the American people want, put the 435 congressmen, 100 senators and the president up for reelection this week. I suspect the outcome would result in an agreement within a week.

    July 25, 2011 10:45 pm at 10:45 pm |
  10. John

    The Trouble we got right now Is the Republican flat out refuse to Compromise and they are Not listening to the American People at all. And I hope they all get vote out of office In 2012. That what they deserve. The American people want the Republican to Compromise. John Boehner need to grow a pair and stand up to the new People, and that mean the TEA Party. They don't talk for all of American People. It only about 10% of you Republican In Congress and you are worry about them.

    July 25, 2011 10:47 pm at 10:47 pm |
  11. Carol Hall

    Yeah, no kidding, the Replublicans and Democrats need to come to a compromise, like President Obama said, the question is will they do it? The $64,000 question, they could have raised the debt celling, when it was suppose to, but they didn't and so we're where we're now, yet again. No surprise there, if they don't work this out, then the American people are going to "Suffer", all those people, including myself; who depend on a S.S. check, the poor always are on this list and sadly its always been the case!! Hopefully, our representatives will stop fighting about what they "want" and start thinking about the American people, who hired them, to there job!

    July 25, 2011 10:47 pm at 10:47 pm |
  12. Heather

    I am for Obama is so right.

    July 25, 2011 10:47 pm at 10:47 pm |
  13. RazorX

    Obama is being reasonable, the Republicans are not. Do you want higher credit card interest rates? ...then side with the Republicans as they destroy our country.

    July 25, 2011 10:47 pm at 10:47 pm |
  14. B. Smith

    Obama is on the right track. Let's be fair to all. The middle class and the poor always take the big hits. It's time to change this. Bipartisan arguing in the House and Senate make me sick. We are controlled by corporations and money. I've lost faith in our "democracy".

    July 25, 2011 10:47 pm at 10:47 pm |
  15. Luis Osorno

    The Republicans are playing politics at a dangerous point in time. There is no time to try to fix a long term problem, the deficit, when you have less than a week before defaulting. They cannot pretend to go into that discussion now, at such a late stage. Furthermore, they want a 6 month extension so that when the campaign is in full swing the deficit issue will be grabbing all the news and they have something to pressure the President with. Now is the time to be patriotic and not political. Also, they talk about not raising taxes, when the issue is not this one, the issue is not raising taxes for the rich people, who control the bulk of the US economy, and who should pay more taxes. It is definitely not fair when a clerk at a hedge fund company is in a higher bracket than the owner of the company. It is a sorry time to see the GOP now at the service of big business, special interests, and the wealthy in America...

    July 25, 2011 10:47 pm at 10:47 pm |
  16. Steve Hendry

    Recall elections for Congress. Recall Obama. Then try them all for treason for destroying the honor of the United States.

    July 25, 2011 10:48 pm at 10:48 pm |
  17. Anonymous

    It is time for the two parties to deliver a compromise. Grow Up! This is what happens when you have a divided government. What is the problem with asking 'everyone' to help out with the national debt? This means the few millionnaires/billionnaires; big successful corporation getting rich at the gas pump! As Obama mentioned, we had a surplus back in 2000; but, people (and you know who they are) made a lot of money off the backs of other people; bringing us to our current state of bankrupcty! America is falling behind because we, the people are allowing this to happen. Wake up before it's too late people! The Constitution states equality for all. I guess there are those who want to 'chose' which or who makes up that pool!

    July 25, 2011 10:48 pm at 10:48 pm |
  18. ray

    the republicans will bring the country down because it do not want health care to be funded!! it is their bottom line! they do not care about about anything else.

    July 25, 2011 10:49 pm at 10:49 pm |
  19. Jeff Miller

    The president gave a political speech tonight blaming Bush 3.5 years into his own Presidency. He never accepts responsibility for is always someone else to blame.

    It looks like Jimmy Carter all over again...unfortunately I lived through Jimmy Carter..barely...and I am barely surviving with Obama.

    July 25, 2011 10:49 pm at 10:49 pm |
  20. LarryJ

    Double faces have uttered their artful prose,
    Proclaiming a thwart of national disaster.
    Profound verses of profane foes.
    One nose grew longer, the other grew faster.

    July 25, 2011 10:49 pm at 10:49 pm |
  21. JohnP

    We are seeing in President Obama exactly what we thought we would see. A level of leadership experience that is lacking and could not have been acquired as a social activist. An inexperienced leader in a position that requires so much more.

    July 25, 2011 10:49 pm at 10:49 pm |
  22. Dr. D. Elizabeth Jesse

    I support a compromise that includes both budget cuts and revision of tax code that taxes those at the top 1% of nation and raises the debt limit.

    The house web servers crashed after Obama's speech so could not write representative tonight

    July 25, 2011 10:49 pm at 10:49 pm |
  23. R Harvey

    Something is wrong when GE can pay NO Federal Income Tax and a retired person pays FIT on 85% of the SS they earned by paying into the system for 40 years. It's time to clear out both sides of congress and send some people home. Lets get up off of our backsides and get rid of all of them.

    July 25, 2011 10:49 pm at 10:49 pm |
  24. Tony Behymer

    I am a registered D but above that I am an American. We need our government to get it's act together and put the whole nation first. Not the rich or the poor but all of us. It is amazing that this counrty has mannaged to survive this long as one union. The R's don't what to tax the rich because the may begin creating jobs someday. The D's keep want to give handout to the poor that has become a way of life for many. This polorized government is why China will blow by us in the near furture.

    July 25, 2011 10:50 pm at 10:50 pm |
  25. Anonymous

    Obama hit a grand slam!

    Used simple terms: the rich and their unfair tax breaks vs the rest of us, who work and can't get a break.

    July 25, 2011 10:50 pm at 10:50 pm |
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