Tag Archives: Barack Obama

Weekly Address: Time to Create the Energy Security Trust


Weekly Address: Time to Create the Energy Security Trust
President Obama discusses the need to harness American energy in order to reduce our dependence on oil and make the United States a magnet for new jobs. He highlights his all-of-the-above approach to American energy — including a proposal to establish an Energy Security Trust, which invests in research that will help shift our cars and trucks off of oil.

How we shift America off oil


The White House

America‘s auto industry is in the midst of a change for the better. Right now, car dealers are offering customers twice as many hybrids as they were five years ago and seven times as many cars that can go 40 miles or more on a gallon of gas. Last year, General Motors sold more hybrid cars than ever before and Ford is working hard to keep up with demand for its fuel-efficient vehicles.

That trend is a key example of how innovation helps to drive business success — and creates jobs for the middle class in America. But it’s one thing to make a car more fuel efficient. It’s another thing altogether to move cars and trucks off oil entirely.

And that’s the next step. Here’s how President Obama is proposing to get us there:

Infographic: The Energy Security Trust

http://www.whitehouse.gov/infographic/energy-security-trust

At a time when the sequester is forcing laboratories and science facilities across the country to scale back on their work, we need to keep investing in research.

Because if we can meet this goal, the benefits are clear. We’ll help diminish the burden of spiking gas prices. We’ll reduce our reliance on foreign oil. And most importantly, the kind of technological breakthroughs the Energy Security Trust will work to produce won’t just create jobs — they could create whole new industries.

So if you think the Energy Security Trust is a good idea, will you share this graphic?

War on Women, Budget Edition


ThinkProgress War Room

Latest GOP Budget Marks Latest Attack on Women

Budgets are statements of values and priorities. Based on the GOP’s latest budget, apparently the interests of women are not a priority.

Here’s a look at how the GOP budget is bad for women and children.

Evening Brief: Important Stories That You Might’ve Missed

No, lowering taxes doesn’t grow the economy.

South Carolina GOP lawmaker suggest they blocked Medicaid expansion because Obama is black.

Is Texas turning blue?

Even Paul Ryan admits that we’re not facing a debt crisis.

Latest GOP budget gives millionaires at least a $200,000 tax cut.

It’s time for the Obama administration to lift its secrecy on drones.

The new pope’s views on LGBT equality.

Everything you need to know about the Steubenville rape trial.

President Obama evolves even further on marriage equality.

What the American People Didn’t Choose


ThinkProgress War Room

6 Things Americans Did Not Vote for in 2012

Tomorrow, Rep. Paul Ryan (R-WI) will release the latest version of his infamous Republican budget plan — you know, the one that ends Medicare as we know it. As we await this plan, it’s worth considering a few things that voters did not choose in the 2012 election.

  1. Paul Ryan: In selecting Ryan as his running mate, Mitt Romney put Ryan and his ideas front-and-center in the election. Voters said thanks but no thanks to Ryan and his radical ideas. Ryan even lost his hometown of Janesville, Wisconsin.
  2. A Republican House of Representatives: President Obama was easily re-elected and Democrats expanded their majority in the Senate, so why are we stuck with a GOP-controlled House of Representatives? Gerrymandering. Democratic House candidates won more than a million more votes than Republican candidates, but districts drawn by Republicans for Republicans allowed the GOP to hold on to their majority. This isn’t even disputed by the Republicans. In fact, they brag about it.
  3. The Middle Class Footing the Bill: The centerpiece of Mitt Romney and Paul Ryan’s economic proposal was a tax plan that raised taxes on the poor and middle class in order to slash taxes for the wealthy. By contrast, President Obama proposed raising taxes on the wealthiest Americans. The GOP budget’s tax proposals is nearly identical to the Romney-Ryan plan rejected by voters in November.
  4. Ending Medicare: Mitt Romney not only chose Paul Ryan, he wholeheartedly embraced Ryan’s controversial plan to end Medicare as we know it and replace it with a voucher system that stands to double seniors’ out-of-pocket health care costs. Romney and Ryan lost key states with senior-heavy populations, including Florida, Pennsylvania, Iowa, and New Hampshire.
  5. Repealing Obamacare: Not only did voters not vote for the team that wanted to repeal Obamacare, Mitt Romney says that the president won because of Obamacare. Nevertheless, the GOP budget plan to be unveiled tomorrow will once again call for repealing Obamacare — except for its $716 BILLION in savings from Medicare. Despite demonizing the president for the cuts throughout the campaign, Ryan’s plan keeps those cuts in order to to pay for new tax breaks for the wealthy and special interests like Big Oil and Wall Street banks.
  6. European-Style Austerity: Mitt Romney and Paul Ryan proposed unrealistic draconian spending cuts, while the president proposed investments that will create jobs now and grow the middle class and our economy over the long run. The American people rejected the former and gave an Electoral College landslide to the latter. Nevertheless, the GOP budget plan will feature the kind of unrealistic draconian spending cuts that will make it impossible to make investments in the middle class.The GOP plan will slow down the economy and kill hundreds of thousands of jobs. It’s the same kind of austerity that has led to shrinking economies and record-high unemployment in Europe. Austerity isn’t working there and it won’t work here.

BOTTOM LINE: Paul Ryan and his policies were soundly rejected by voters last November. Instead of doubling down on extreme and unpopular ideas like ending Medicare as we know it and raising taxes on the middle class in order to slash taxes on the wealthy, Republicans should come back to the table and agree to deal with our fiscal challenges in a responsible, balanced manner.

Evening Brief: Important Stories That You Might’ve Missed

Key senators reach agreement on path to earned citizenship.

After watering down Wall Street reform, former Sen. Scott Brown (R-MA) becomes bank lobbyist.

GOP senator takes credit for anti-rape law he voted against.

Awash in profits, corporations shift even more money to tax havens.

The ridiculously biased and incorrect text books approved under Bobby Jindal’s education reform.

GOP hypocrisy on including Obama policies in their budget exposed.

Top GOP strategist: GOP “doesn’t give equal opportunity to women.”

What Paul Ryan really means when he says “pro-growth tax reform.”

The good news about human nature: most people aren’t jerks.