Obama Sought Seeking Compromise

Obama Sought Seeking Compromise

                            

WASHINGTON DC, KOMPAS.com - U.S. political stage re-heated after President Barack Obama proposed a budget 3.78 trillion U.S. dollars in Washington DC on Wednesday (10/4). The filing is starting the new fiscal battle between the White House and the Democrats against Republican congressmen.

The proposal is considered to be more academically as possible hardly be fully implemented in the midst of a divided government. Both sides are now arguing about the length of arms control, tax increases, and has just finished discussing fiscal policy. However, Republicans and Democrats have agreed to finance the state budget in 2014.

In the proposal, the White House tried to find a compromise. On the one hand, Obama is still raising taxes for the wealthy, it rejected the Republic, accompanied by cutting benefits for retirees, which was opposed by liberal groups. The rest, the budget is in line with the Obama campaign, namely the protection of the middle class, reducing the deficit without massive cuts in infrastructure, education, and social programs.

"For years, the debate centered on reducing deficit and stimulate investment to grow the economy. This budget address these arguments because we can do it all at once, ie, grow the economy and reduce the deficit, "Obama said in a speech in the Rose Garden, the White House.

The plan was immediately rejected Obama Republicans. Senate minority leader, Mitch McConnell, branded the proposal as "a left-wing wish list".

U.S. House Speaker John Boehner, who had previously filed version of the Republican budget contains a massive reduction in government spending, warned Obama has made the lives of the rich has been increasingly difficult. "We do not need to raise taxes on the American people," he said.

To raise tax revenues that Republican opposition, Obama gave a concession in the form of modifications to the calculation of benefits for retirees. This means that pension payments could be reduced, which is a stronghold of liberal mind in the Democratic Party. This was done to attract the support of both parties in the discussion of the budget.

The plan also includes a reduction in the budget deficit of 1.8 trillion dollars in 10 years. Carrying an additional 580 billion U.S. dollars revenue from limiting tax relief without raising taxes.

Republicans argue, because government spending is automatically reduced by 1.2 trillion U.S. dollars as of March last, known as the Sequester, the true numbers of deficit reduction only 600 billion dollars.

"At least the president showed the intention to cut social programs. There is hope to reach an agreement at the end of the day, "said U.S. House Budget Committee Chairman Paul Ryan. (Reuters / AP / AFP / was)

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