Monday, July 25, 2011

President's Address on the Debt Ceiling



Above is the speech President Obama gave to the nation explaining the status of the deficit and debt ceiling issue.

I thought the president did a good job explaining the crisis and why he is pushing for the deal he proposes. He put it in a way that the average citizen can understand and framed the debate between the idea of shared sacrifices versus preserving the wealthy's tax breaks.

I agree with the president that their should be shared sacrifices and by a combination of spending cuts and tax reform we can balance the budget.

I am intentionally keeping this post brief because I know people's heads are probably spinning with all the facts and opinions that have been laid out this past month.

I will end with my suggestion to President Obama and the Congress; separate the two issues. Give the deficit issue its due diligence and work out a solution that is healthy and right for the country and not something that is being forced to be compromised while both branches of government hold guns to the same hostage's head, the American people. Send a clean debt ceiling bill to the president and continue to work on creating more jobs and balancing the budget.

Two cents from Andres

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