Just a few minutes ago at a press conference was President Obama. He spoke on the support of Mayor Bloomberg, him visiting NY soon to check up on the recent Sandy distruction, and the climate change. “Temperature around the globe is increasing and a lot of it has to deal with human behavior,” says President Obama. According to the President during his 1st term he doubled fuel efficiency and that helps to reduce carbon. For the current term he’s hoping for potential breakthrough investments that will help with the climate change and plans on having conversations with scientists and elected officials for short-term promblem solutions. He also mentions the tax hike for homes with a $250,000 and up income. Click down bottom for more.
Before diving into an explanation of how he wants to avoid the so-called “fiscal cliff” — and imploring House Republicans to approve legislation to raise taxes on high earners — Obama sought to once again remind Americans that he took office, four years ago, during a recession that started with the George W. Bush administration.
“Right now our economy is still recovering from a very deep and damaging crisis, so our top priority has to be jobs and growth,” Obama said. “We’ve got to build on the progress that we’ve made.”
The reminder was a refrain on the campaign trail, and apparently will be part of the rhetorical repertoire going forward in a second term.
The president on Wednesday also renewed his call for Congress — meaning the Republican-controlled House — to let taxes rise for top earners while passing a bill “right now” that shields everybody else from a hike.
“We should not hold the middle class hostage while we debate tax cuts for the wealthy,” Obama said.
The president went on to insist that any agreement that deals with the so-called “fiscal cliff” allows taxes to rise for households making more than $250,000. “When it comes to the top 2 percent, what I’m not going to do is extend further a tax cut for folks that don’t need it,” he said.
Republicans, though, worry that failing to preserve the current rates for everyone will end up hurting the economy by hurting small businesses.
The appearance marked the first scheduled, solo news conference for Obama since March. The president spent much of the year campaigning for a second term — now that he’s won it, the president faces a barrage of challenges and controversies.
