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The proposals are likely to trigger widespread resistance from the interest groups that would be directly affected, such as seniors and home builders, but the panel's co-chairmen said the tough decisions must be made to put the country on a more fiscally sustainable path.
"Throughout our nation's history, Americans have found the courage to do right by our children's future. Deep down, every American knows we face a moment of truth once again," the co-chairmen's report said. "We cannot play games or put off hard choices any longer. Without regard to party, we have a patriotic duty to keep the promise of America to give our children and grandchildren a better life."The proposal would achieve nearly $4 trillion in deficit reduction through 2020, reduce the deficit to 2.3% of gross domestic product by 2015, overhaul the tax code, cap government revenue at 21% of GDP and reduce debt to 40% of GDP by 2035, the co-chairmen said.
The 18-member commission is set to discuss the proposal Wednesday morning and plans to hold a vote on it Friday. The chairmen are expected to come up short of the 14 votes needed to issue a formal recommendation to Congress and the White House, but the proposal is nevertheless expected to frame the debate in the next year over which budget changes are necessary to cut into the country's growing debt.
"Getting this deficit under control is going to require some broad sacrifices and that sacrifice must be shared by the employees of the federal government," Obama said in a speech Monday afternoon explaining the decision. He added, "I did not reach this decision easily, this is not a line item on a federal ledger, these are people's lives."(read rest of article)
President Obama received 12 stitches after suffering an injury during a basketball game, according to a White House statement:
"After being inadvertently hit with an opposing player's elbow in the lip while playing basketball with friends and family, the President received 12 stitches today administered by the White House Medical Unit. They were done in the doctor's office located on the ground floor of the White House."
According to reports, The President received a special type of fiber that should leave a smaller scar:
The medical unit that treated Obama used a smaller filament than typically used, which increases the number of stitches but makes a tighter stitch and results in a smaller scar. Obama was given a local anesthetic while receiving the stitches.
According to a new Pew poll, only 46 percent of those surveyed correctly identified that the Republican Party won the House as a result of the November 2 elections. But it's not all bad – 75 percent did know the Republicans performed better than the Democrats, it's just that many aren't aware exactly what the party won.
Fourteen percent thought the GOP won control of both the chambers, 8 percent thought Republicans won just the Senate, and 27 percent didn't know one way or the other. Five percent meanwhile thought Democrats maintained control of both the House and Senate.
The questions about the election were part of a larger poll quizzing American's knowledge on current events. Among the poll's other findings:
The poll surveyed 1,001 adults by telephone between November 11-14 and carries a sampling error of plus or minus 4 percentage points.
Which is why the B4B Motto has always been
Be Inspired...Be INFORMED...Be Involved !!!
WATCH:" Buffett isn't the only billionaire who has argued for higher taxes. Both Microsoft co-founder Bill Gates and his father, Bill Gates, Sr., recently came out in support of a Washington state measure to "create a 5 percent tax rate on annual income exceeding $200,000 for individuals and $400,000 for couples, and a 9 percent tax rate on income that tops $500,000 for individuals and $1 million for couples."
The 31-page picture book for ages three and up celebrates 13 American heroes, from baseball great Jackie Robinson to Sioux chief Sitting Bull and Martin Luther King, Jr., who each embody qualities that Obama sees in his daughters Sasha and Malia.
At Brooklyn's Central Library, a group of very opinionated tots gave the President's latest efforts a glowing review.
"It's inspiring," said Diavione Oliver, 7. "The book encourages people to do what they did. It's kind of funny and smart."
Her brother Rob, 5, was so thrilled by the book, he jumped out of his seat to point at his favorite pictures. "I liked the astronaut [Neil Armstrong] because I want to go to the moon," he said.
Parents were equally impressed. "I was just asking the librarians where I can get a copy! I thought it was great," said Gilbert Williams from Flatbush, whose son Umi, 5, enjoyed Albert Einstein's section best because "I really like science."
Mom Tanya Moses from Flatbush was pleased that the First Dad is reaching out to the next generation. "It's nice that the president would make a book for children," she said, holding her daughter Savannah Jiggetts, 2. "I would definitely buy it."
The book highlights a diverse cross-section of Americans of different genders, races and jobs. "It's really inspirational language," says Andrea Vaughn, the library's youth services coordinator.
Obama wrote the heartfelt letter to his daughters between the 2008 election and his 2009 inauguration, with publication awaiting award-winning artist Loren Long's illustrations.
He's donating his share of the profits to a scholarship program run by the Fisher House Foundation, which benefits the children of fallen and disabled service workers.
I agree 100%.B4B Home Page
Anyone who has so little faith in the direction our president wants to take this country is no friend of mine, or the nations. Personally I think they should be ashamed of themselves for such a lack of confidence.
Imagine what, how and where WE would be if our forefathers had given up, just said, "to hell with it," stopped fighting for OUR rights as human beings.
We'd have children working in factories, people of African heritage laboring with no compensation, women barefoot and voteless, governed by Nazis, who knows.
Yes. Those who wave the flag of surrender have no place at the table of humanity.
AP/HuffPo
WASHINGTON -- Barely an hour after President Barack Obama invited congressional Republicans to post-election talks to work together on major issues, the Senate's GOP leader had a blunt message: His party's main goal is denying Obama re-election.
In a sign that combat and the 2012 elections rather than compromise could mark the next two years, Sen. Mitch McConnell on Thursday called for Senate votes to repeal or erode Obama's signature health care law, to cut spending and to shrink government.
"The only way to do all these things it is to put someone in the White House who won't veto any of these things," McConnell said in a speech to the conservative Heritage Foundation.
The Senate Republican leader's confrontational tone was in sharp contrast to the posture Obama took Wednesday in the face of a new GOP-controlled House and Republican gains in the Senate. Obama followed up Thursday morning by inviting Republican and Democratic congressional leaders for talks on Nov. 18 and challenging his own Cabinet to make Washington work better. (read rest of article)
BE PREPARED
(In Hiatus) Welcome to the OFFICIAL SITE for Blacks4Barack !...a multi-racial, net/grassroots organization est. in Feb. 2007 to increase support for Barack Obama for President. Recognized nationwide Greg Jones (Cleveland, Ohio) is National Director. ALSO ! You can listen to archives of the Obama TALK RADIO show NOTHING BUT THE TRUTH with Greg Jones. Scroll down to visit our one-of-a-kind 'Memory Lane' below 4 the World's Most COMPLETE review of Historic Campaign '08 and More!
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