Time: 11:19 p.m. CEST
President Barack Obama will speak to House Democrats during the retreat in Philadelphia on Thursday about the Budget for 2016, his administration would submit on Monday to the Congress. According to the published op-ed by the President Obama in The Huffington Post on January 29, 2015, his proposal for the 2016 budget will “fully reverse the sequestration cuts for domestic priorities in 2016. It will match those investments with equal dollar increases for defense funding.” The proposal is to make corrections in the wages and make incomes to rise faster.
According to the President Obama published opinion the focus is an establishment of “the new advanced manufacturing hubs, rebuild crumbling infrastructure, combat antibiotic-resistant bacteria, and lead a new age of precision medicine for the treatments for diseases like diabetes and cancer.”
The proposed removal of sequestration should enable to working parents, “a chance to get ahead with guaranteed paid sick leave, ” Obama explains in the published opinion in the HuffPost. President’s Obama plan for the next year budget is to “give Americans of all ages a chance to earn new skills by making community college free for responsible students.” For President Obama, “investment in a 21st century military is to confront global challenges with strong leadership.” For Obama, “these proposals are pragmatic; they’re the types of things both parties should be able to support.”
The Washington Post published on Thursday, President Obama’s budget proposal would enable spending of $74 billion more in discretionary investments than would “be allowed under the spending caps mandated by Congress four years ago in an attempt to reduce the federal deficit, according to White House officials.” As Juliet Elperin and David Nakamura writes in the Washington Post, “ The proposal, a 7 percent increase over sequestration levels, includes $530 billion on the non-defense discretionary side, an increase of $37 billion over the spending caps; and $561 billion in defense spending, an increase of $38 billion over the spending caps.”
Before the departure of the President Obama to Philadelphia, the White House press secretary Josh Earnest defended the White House proposal for the budget of 2016. “President will announce his budget will reverse harmful sequestration cuts, and instead show how we can invest in the vision for middle class economics by making pay-checks go further, creating good jobs here in the United States and preparing hard-working American to earn higher wages, ” Earnest explained during the briefing with White House correspondents.
Explaining the proposal that the President Obama would submit on Monday, Earnest repeated, “that would ask of those at the top of the income skill, to pay little bit more, to ask banks and financial firms on Wall Street to pay a little bit more. That would have been a fair way to reduce the deficit.”
With approved funding only until February 27 for the Department of Homeland Security, the issue of further financing of those agencies would also be in focus of the President proposal to the Congress. Thus, Earnest said, “the President would also make clear, a Congress need to pass a full year funding for the Department of Homeland Security. ” Earnest quoted DHS Secretary Jeh Johnson who “noted this morning, security budget should not be a political football.”
The suggested proposal already sparked opinions among Republicans. The Washington Post explains, Republicans say they have smarter ways to cut the spending, rather than raising taxes.
“Republicans believe there are smarter ways to cut spending than the sequester and have passed legislation to replace it multiple times, only to see the president continue to demand tax hikes,” said Cory Fritz, spokesman for House Speaker John A. Boehner.
For all in doubts, President Obama said clearly in the published article in the Huffington Post, “If Congress rejects my plan and refuses to undo these arbitrary cuts, it will threaten our economy and our military.”
Politico.com writes President Obama would end sequester and says “It’s not exactly a surprise that Obama will propose an end to sequestration cuts in his budget. He’s been speaking out against them for years, calling them “a really bad idea.”