Powered by Blogger.
Showing posts with label Shutdown looms as Obama budget talks fail. Show all posts
Showing posts with label Shutdown looms as Obama budget talks fail. Show all posts

Obama hits out at oil giants over high pump prices

US President Barack Obama called on Congress on Tuesday to cut $4 billion in subsidies to profit-churning oil firms, as higher gasoline prices squeeze families and harm his political prospects.

"We have got a real problem here. Families day-to-day, they are driving to work. They are just watching their pay cheques get whittled away. They need some relief," Obama told WXYZ television, Detroit.

The president wrote to Republican and Democratic leaders on Capitol Hill, calling on them to "eliminate unwarranted tax breaks" to the oil and gas industry and to reinvest in clean energy to cut US dependence on foreign oil.

Republicans countered that Obama's budget prescriptions

12:24 | Labels: , , , | 0 Comments  

Shutdown looms as Obama budget talks fail

The United States slipped closer to a government shutdown as President Barack Obama's latest summit with the top Republican leader failed to cut a deal on spending ahead of a Friday deadline.

A stern-faced Republican House of Representatives speaker John Boehner said there was "no agreement on a number, no agreement on the policy issues," after 90 minutes in the Oval Office with Obama and Vice President Joe Biden.

"We are not there yet," Boehner said, though adding that he believed an agreement was possible before a midnight Friday deadline at which government funding runs out and vast swathes of the bureaucracy

13:40 | Labels: , , , | 0 Comments  

Subscribe to: Posts (Atom)
Blogger Tips and TricksLatest Tips And TricksBlogger Tricks
1 Share/Bookmark

Labels

Blogger Tips and TricksLatest Tips And TricksBlogger Tricks