Obama: Bipartisan Budget Law A Hopeful Sign
WASHINGTON (AP) a¿¿ President Barack Obama says the bipartisan budget approved by Congress is a hopeful sign that Washington can end its cycle of crisis-driven decisions.
Obama in his weekly Saturday radio and Internet address praises the agreement for easing some across-the-board spending cuts that would have otherwise automatically hit programs from defense to education.
While praising a new spirit of cooperation, Obama still faults Congress for not extending jobless benefits that will expire this month for 1.3 million Americans.
In the Republican address, Rep. Aaron Schock of Illinois criticizes the new health care law as unfair to young Americans. He says the law should be scrapped because it shifts costs to younger, healthier people to keep premiums from skyrocketing for others.Schock spoke from Eureka College in Illinois, Ronald Reagan's alma mater.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV