Obama Pledges Economic Equality In SOTU Speech

English: US President Barack Obama and British...

Obama Pledges Economic Equality In SOTU Speech: US President Barack Obama has used his last State of the Union speech before the November election to paint himself as the champion of the middle class, by demanding higher taxes for millionaires and tight reins on Wall Street.

Taking advantage of the huge national platform of his annual speech to Congress, Mr Obama defiantly defended his record after three years in office and laid blame for many of the country’s woes at the feet of banks and an out-of-touch Congress.

He proposed sweeping changes in the tax code and new remedies for the US housing crisis as he made the case for reducing income inequality in America.

While the biggest proposals in Mr Obama’s election-year speech are considered unlikely to gain traction in a divided Congress, the White House believes the president can tap into voters’ resentment over the financial industry’s abuses and Washington’s dysfunction. Continue Reading…

Republican Rebuttal To State Of The Union

White House Portrait of

Republican Rebuttal To State Of The Union: Indiana Gov. Mitch Daniels delivered a pointed and pugnacious response to President Barack Obama’s State of the Union address Tuesday night, in a speech likely to amplify the drumbeat of voices urging Daniels to wage a late presidential bid.

The term-limited Daniels, who ruled out a White House run last year, slammed Obama for promoting “pro-poverty” extremism and leading a “constant effort to divide us.”

A former budget director under George W. Bush, Daniels was chosen by Republican leaders as a respected and serious voice who could credibly position the party as the champion of business.

“As Republicans, our first concern is for those waiting tonight to begin or resume the climb up life’s ladder,” Daniels said. “We do not accept that ours will ever be a nation of haves and have-nots; we must always be a nation of haves and soon-to-haves.”

Daniels also assailed the president for halting the Keystone XL pipeline project that would transport oil from Canada to Texas, equating the move to a “pro-poverty policy” — a line reminiscent of Newt Gingrich’s accusations on the campaign trail that Obama is the “food stamp president”. Continue Reading…