What Obama Will Say In His State of the Union Address

[samplegirl]

On the soaring federal deficit, Obama will announce on Wednesday that the budget blueprint he files next week will contain a “hard freeze” on discretionary spending that lasts through 2013, an effort his advisers liken to the fiscal discipline families impose on themselves every day.

The freeze will not apply to spending on national security or on the agencies charged with protecting it, and it affects roughly one-sixth of the federal budget.

Other plans include:

•limit a graduate’s federal loan payments to 10 percent of his or her income, above a basic living allowance. At present, the yearly payments are capped at 15 percent of discretionary income.
• the child and dependent care tax credit, which the president plans to nearly double for families making less than $85,000 a year. To do so, he will increase their tax credit rate to 35 percent of child-care expenses, from 20 percent.
•the creation of a system of automatic workplace IRAs, requiring all employers to give their workers the option to enroll in a direct-deposit retirement account.
•expanding tax credits to match retirement savings, as well as enacting new safeguards.
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[n2doc]

1. "his advisers liken to the fiscal discipline families impose on themselves"

Yeah, if said families froze spending on minor expenses but still bought a new Hummer each year on credit and blew it up.

[Overseas]

9. And the spending we've already imposed on ourselves has hurt our local economies.

And hearing about government freezing will cause us to cut back even more, wondering when our part-time jobs might be considered freeze-worthy, which will hurt our local economies even more.

So very sad for me to see my dream of a 21st Century FDR following the path of Herbert Hoover.

[BP2]

2. How many jobs does this create? eom

[Demeter]

3. "Hard Freeze Kills Green Shoots"

--chinese fortune cookie

[Bitwit1234]

4. Who in the world is going to listen.

He will spread his arms and take us all to his bosom. He will speak flowering words and tell us how wonderful he is going to make this country.

Then go back to the White House, listen to his "evil" advisor's and screw us some more. Until and if he cleans house of all those bad bad bad advisers he will continue to lead us down the path of GEORGE W. BUSH.

Obama is an intelligent and basiclly honest person. Why does he continue to listen to these people is beyond the comprehension of most real Americans. All they are doing is improving the lot of banks, Wall Street and the super rich.

I grant you, that Wall Street can not crash. But along with the good things given to them, should come some brakes put on the greed. I think first, appoint a commission of HONEST PEOPLE WHO WON'T BE SUCKERED IN by the financial bunch. Let them set restraints and rules and regulations. No bonus unless and until, they earn the money on their own. Unless and until they show they can operate in an open and totally honest manner. If they don't perform kick em out. Wall Street and the Banks greed is the first thing that should have been reigned in. These people are so entrenched in this power for money they think they are entitled to it and the public owes it to them. Why not ELECT them to the postions for a period of three years and then out they go and put some body else in.

[jaxx]

5. It ought to be an interesting speech since a gazillion people are writing it

before he opens his mouth.

[Tesha]

6. "A new, free Apple iSlate for every citizen...

...with an app that lets them identify the exact
amount that their Federal, state, and local government
is spending on them personally and on their family as
a whole.

Tesha

[daa]

7. My 401k is already a 201k

I guess wall street needs more of our money.

[tomm2thumbs]

8. 'we secretly passed health care last week... shhhhhhh'

oh wait, that was just a dream

[TexasObserver]

10. Actions, not words, are required.

The president has allowed the GOP to lead him around by the nose for at least the past 8 months. He has abdicated leadership on almost all issues. If he wants to lead again, he's going to have to reclaim Democratic ideals. He's going to have to use those as his compass. He's ideologically untethered right now, and the Wall Street/War Party winds are blowing him the wrong direction.