U.S. President Obama, speaking during his annual address to Congress and the American people “about the situation of the country”, stated the need to freeze for three years the cost of financing a number of government programs. According to the American President, this measure will save about $ 20 billion budget next year.
According to Obama, he will not keep tax breaks for oil companies and managers of companies, fund managers, as well as those whose income is over 250 thousand dollars a year.
U.S. leader also suggested that banks provide financial assistance amounting to $ 30 billion for the provision of targeted loans to small businesses, especially companies that hire new employees. President Bush said that in the United States this year will create about 1.5 million new jobs through the bill to stimulate the economy. Also, he said, there is a need for a new bill aimed at increasing the number of jobs.
Obama also called for the introduction of tax concessions for small business and middle class. According to him, you must cancel all taxes on capital gains are levied on small businesses. He said he would look for opportunities to provide tax breaks to all companies that invested in new equipment. At the same time, according to the president, “it is time to repeal all tax breaks for companies that provide jobs abroad.”
As individuals, according to the American leader, he would try to preserve tax breaks for the middle class, which expires at the end of 2010.
In addition, Obama called on Congress to support the reform of the national health system. “I”m not going to deviate from the reform of American health care system,” - said the American president.
“By the end of my speech more and more Americans lose their health insurance. And this year it will lose millions. I will not leave these people without attention. The same must be done, and members of Congress,” - said in his speech the U.S. leader .
In anticipation of tomorrow”s publication of strong data on U.S. GDP for the IV quarter of this desire to play down will be insignificant Nouriel Roubini od27n the fears of sovereign risk and paradoxes of the struggle with the deficit and debt …
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