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On July 19, 2013, President Obama gave a speech in place of the usual White House daily briefing normally given by White House Press Secretary Jay Carney. In the 17-minute speech, President Obama spoke about public reaction to the conclusion of the George Zimmerman trial, racial profiling, and the state of race relations in the United States. [46]
Reform for Social Security. Obama did not offer specifics. Ending the Bush-era tax cuts for the wealthiest 2 percent of Americans once the latest extension expires in two years. Before the rate was extended, the Obama administration estimated it would cost $700 billion over the next decade.
In response to a possible shortfall in Social Security funding, Obama has endorsed imposition of a new FICA tax on incomes above $250,000. Social Security has an income "cap" beyond which the payroll tax is not collected; in 2015 and 2016, the cap was $118,500. [245] Obama opposed Bush's proposal for privatization of Social Security. [246]
Susan Walsh/AP By Mark Felsenthal WASHINGTON -- U.S. President Barack Obama will offer cuts to Social Security and other entitlement programs in a budget proposal aimed at swaying Republicans to ...
Read Barack Obama’s full speech at the 2024 DNC below. ... And she’s running for president with real plans to lower costs even more, protect Medicare and Social Security, and sign a law to ...
President Obama delivering the State of the Union address to the U.S. Congress. The 2010 State of the Union Address was given by the 44th president of the United States, Barack Obama, on January 27, 2010, at 9:00 p.m. EST, in the chamber of the United States House of Representatives to the 111th United States Congress.
President Obama delivering his speech on health care to the United States Congress Obama addresses a joint session of Congress. Obama's speech addressed topics regarding the public health insurance option, private insurance reform, estimated costs and revenue, basic coverage for individuals and employers, as well as subsidies and waivers for those who can't afford coverage, and the importance ...
The Social Security debate in the United States encompasses benefits, funding, and other issues. Social Security is a social insurance program officially called "Old-age, Survivors, and Disability Insurance" (OASDI), in reference to its three components. It is primarily funded through a dedicated payroll tax. During 2015, total benefits of $897 ...