Now that President Obama will never face re-election again, it is
time for the campaigning to end. Perpetual political rhetoric and
promises do not matter any more. Action—and leadership—are sorely needed
on pressing issues that threaten the United States. America’s people
are under threats to their livelihoods, their protection, and their
freedom. For some of these, deadlines for action have already come and
gone, making them more dire than ever.
Here are the top five problems that require the President’s immediate attention.
1. Massive Tax Increases Scheduled
When the chairman of the Federal Reserve says the nation is headed over a cliff, the President should take notice. A total of nearly $500 billion in tax increases—old tax policies expiring and new ones taking effect—is scheduled to hit on January 1. This “Taxmageddon” fiscal-end-of-days scenario will hit individuals and their families, struggling small businesses and investors alike. So much for creating jobs. The Congressional Budget Office, which does not normally forecast recessions, has said that without some action to change our direction, the country is heading straight for another recession in 2013. As Heritage’s J.D. Foster wrote, “If a slowdown or even a recession unfolds as CBO predicts, the blame will lie with President Obama.”
2. Cuts to the U.S. Military
Through a legislative process called sequestration, the President and his allies in Congress thought they could secure tax increases by holding America’s military hostage. So they programmed massive cuts to our defenses to take effect in January. Using the military as a political weapon is wrong, and nothing has been done to prevent these harmful cuts. While our enemies build up their weapons programs and terrorists target Americans around the globe, the U.S. is preparing to radically downsize the military—all because the President and liberals in Congress want to raise taxes.
So far, the President hasn’t achieved his tax hike goal. If the military cuts are allowed to go forward, it will devastate our defenses. Contrary to the political rhetoric, Washington leaders could fix this without raising taxes.
Read more: http://askheritage.org/what-are-the-presidents-top-5-immediate-problems/?utm_source=AH_Weekly&utm_medium=Email&utm_content=2012-11-09&utm_campaign=2012_Brand
Here are the top five problems that require the President’s immediate attention.
1. Massive Tax Increases Scheduled
When the chairman of the Federal Reserve says the nation is headed over a cliff, the President should take notice. A total of nearly $500 billion in tax increases—old tax policies expiring and new ones taking effect—is scheduled to hit on January 1. This “Taxmageddon” fiscal-end-of-days scenario will hit individuals and their families, struggling small businesses and investors alike. So much for creating jobs. The Congressional Budget Office, which does not normally forecast recessions, has said that without some action to change our direction, the country is heading straight for another recession in 2013. As Heritage’s J.D. Foster wrote, “If a slowdown or even a recession unfolds as CBO predicts, the blame will lie with President Obama.”
2. Cuts to the U.S. Military
Through a legislative process called sequestration, the President and his allies in Congress thought they could secure tax increases by holding America’s military hostage. So they programmed massive cuts to our defenses to take effect in January. Using the military as a political weapon is wrong, and nothing has been done to prevent these harmful cuts. While our enemies build up their weapons programs and terrorists target Americans around the globe, the U.S. is preparing to radically downsize the military—all because the President and liberals in Congress want to raise taxes.
So far, the President hasn’t achieved his tax hike goal. If the military cuts are allowed to go forward, it will devastate our defenses. Contrary to the political rhetoric, Washington leaders could fix this without raising taxes.
Read more: http://askheritage.org/what-are-the-presidents-top-5-immediate-problems/?utm_source=AH_Weekly&utm_medium=Email&utm_content=2012-11-09&utm_campaign=2012_Brand
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