Tuesday, February 24, 2009
President Barack Obama said it halved the huge national deficit exceeding trillion (correct) dollars, in a bold promise hours before delivering his first speech to Congress on Tuesday.
The economy has taken the agenda of Obama, but all economic indicators have worsened significantly since it started its government, the Congress won the approval of his stimulus plan of $ 787,000 million and strove to keep afloat the financial sector the nation.
Obama will leave it clear that the massive economic deficit was "inherited." In other words, wants to remind the public that President George W. Bush and Congress earlier this stopped him, forcing him to promote the costly economic stimulus package.
In attempting to deal simultaneously with the unprecedented budget deficit, Obama passes on a tightrope, and depends on its ability to reduce the cost of war in Iraq, tax incentives for the rich and government spending, to start down the national debt.
In Congress, the president believes that everyone will say how the economic factors are linked.
Obama will seek to ensure universal health insurance, expand educational opportunities, diversify sources of energy, have rights as a retirement system and to halve the budget deficit in four years.
