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Showing posts with the label Economy

President Biden discusses America's economy during July 4th address to military families.

"Our Economy is the strongest in the world."  " . ..  Our economy is growing, but not without pain.  Liberty is under assault -- assault both here and abroad.  In recent days, there's been reason to think that this country is moving backward, that  freedom  is being reduced, that rights we assumed were protected are no longer.  A reminder that we remain in an ongoing battle for the soul of America, as we have for over 200 years.  4th of July photo courtesy of - the Internet. ADVERTISEMENT 10Fast, EZ, Healthy Smoothie Recipes ? I know it can be exhausting and unsettling.  But tonight, I want you to know we're going to get through all of this -- for all that we have faced, that we are going to get through this, and look how far we've come.    We're reclaiming our way of life in a pandemic.  Vaccines are nearly available to every American, restrictions lifted, the Fourth of July together again at the White House.    An...

ICYMI: President Biden's 2023 Fiscal Budget

  Is "the state of our union really strong? Are we really building back better than ever? President Biden unveiled his 2023 budget this week with a few familiar focused items. The president is again calling for those who make millions of dollars to pay their fair share of taxes. His 2023 budget makes it plain that billionaires should also do the same.  (AP Photo/Patrick Semansky) Outlining his budget plans the president makes the claim that, " The tax code currently offers special treatment for the types of income that wealthy people enjoy. This special treatment, combined with sophisticated tax planning and giant loopholes, allows many of the very wealthiest people in the world to end up paying a lower tax rate on their full income than many middle-class households. To finally address this glaring problem, the Budget includes a minimum tax on multi-millionaires and billionaires who so often pay indefensibly low tax rates. This minimum tax would apply only to the wealthiest...

Everything You Need To Know About The Obama Administration's 'Fair Chance' Business Pledge

Today at the White House, Attorney General Loretta Lynch, Senior Advisor to the President Valerie Jarrett, and other White House officials hosted 19 companies from across the American economy who are standing with the Obama Administration as founding pledge takers to launch the Fair Chance Business Pledge. The pledge represents a call-to-action for all members of the private sector to improve their communities by eliminating barriers for those with a criminal record and creating a pathway for a second chance. Companies signing the pledge today include: American Airlines, Busboys and Poets, The Coca-Cola Company, Facebook, Georgia Pacific, Google, Greyston Bakery, The Hershey Company, The Johns Hopkins Hospital and Health System, Koch Industries, Libra Group, PepsiCo, Prudential, Starbucks, Uber, Under Amour/Plank Industries, Unilever and Xerox. Right now, there are approximately 2.2 million Americans behind bars. The United States accounts for 5 percent of the world’s population, ...

Obama credits Africa for shaping who he is

 In remarks to the people of Africa while in Addis Ababa, Ethiopia on Monday, President Obama told throngs of assembled listeners at Mandela Hall (African Union Headquarters) that Africa helped shape him and how he sees the world. "I stand before you as a proud American.  I also stand before you as the son of an African. Africa and its people helped to shape America and allowed it to become the great nation that it is.  And Africa and its people have helped shape who I am and how I see the world", he said. He said that in the villages of Kenya where his father was born he learned of his ancestors, and the bonds of family that connect us all as Africans and Americans.  He went on to say that he wanted his two daughters to know their ancestors were both slaves and slave owners. The full transcript, below, has been made available by the White House. The president finished his four-day African visit on Tuesday and is expected to return to Washington later the sam...