Live blogging Obama's news conference
June 29th, 2011
11:26 AM ET

Live blogging Obama's news conference

Can't watch the news conference?  CNN's Political Ticker and The 1600 Report will be live blogging so you can follow in real time.

soundoff (5 Responses)
  1. John

    Spending is the problem.
    It is like when the dems say "let's reform immagration then we will secure the borders". This can't make any sense to anyone, even the dems that are saying it.
    Stop the spending and secure the borders. Why does it have to be more complicated than that?

    June 29, 2011 at 1:04 pm |
  2. maikl

    Bush and congress, Bush and congress and bla-bla-bla.

    June 29, 2011 at 1:42 pm |
  3. jean2009

    We have more of a revenue problem than a spending problem. Ending the Bush era tax rates would cut the deficit in half by 2020...just putting people back to work will bring down the deficit. Even Sen.Coburn says that taxes have to increase.
    Actually, we need to grow ourselves out of both our short-term and long-term debt problems and that means increased revenue and spending to encourage job growth.
    Immigration has very little (if anything) to do with our debt problem. It does affect unskilled and low-wage earners by keeping wages low. Fewer low-wage unskilled immigrant laborers would mean a raise of the prevailing minimum wage...that would increase costs for some items, and would cut into the profitability of some businesses.

    June 29, 2011 at 2:06 pm |
    • John

      When you overspend you will always have a revenue problem.
      8-12 million people in the system costs "very little or nothing" in your opinion? I would guess that they cost more than taking another 8% of earnings from people. BTW, the number is down to $200,000 earned to be considered a "rich person" now. Another "O" "non-truth"...

      June 30, 2011 at 8:50 am |
      • jean2009

        Please read: Bill Maher " New Rule:Rich People Who Complain About Being Vilified Should Be Vilified" dated Friday, September 24, 2010. Online at the realbillmaher blogspot.

        Granted, I deduct that Bill is probably not your favorite, but he is good at what he does, and he can do it with an added touch of humor. Plus, again your figures are flawed the amount is 3.6% and it doesn't kick in until you reach the $250,000. Going up from 35% to 39.6% is in no way near an 8% increase.

        Put things into perspective tax rates were 91% under Eisenhower; 71% under Nixon...or are you too young to remember those rates?

        Really John, it must be nice when the only thing you can find to complain about is being fortunate enough to owe a few more cents on the dollar in taxes over what is a very nice wage.

        Which leaves me wondering just what do you give back, in service, to the community where you live?

        You do know Treasury Secretary – Paul O'Neil was canned by Bush,at the end of the first year, because he was against the Bush tax cuts stating they would do to the economy just what they did. So yes, we have more of a revenue problem than a spending problem, since the bulk of the spending was already done before this president came into office.

        Constitution of the United States: Fourteenth Amendment -Section 4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

        That is not the complete wording of Section 4 but it is the important part of Section 4 for you to note.
        Congress agreed to incurring the debt so it shall not be questioned that it be paid, and if your taxes go up to pay these debts just remember. The sensible colonist were not against taxes, they were against taxes without representation.

        Of course, then you had the less sensible group that thinks a system of government can be run on air...those are your airheads like Taft, Hoover, Reagan, George Bush and the Teaparty nuts. Show me anyone who for shutting down government and basically they are for anarchy.

        July 3, 2011 at 1:37 pm |