CCTV.com - CNTV English - CCTV News

Obama strikes back at Republicans over their campaign agenda

09-26-2010 08:22 BJT Special Report:2010 US Midterm Elections |

Watch Video

Play Video

US President Barack Obama has struck back at Republicans over their newly unveiled campaign agenda, calling their economic ideas "an echo of a disastrous decade we can't afford to relive."

US President Barack Obama hammers republicans over their newly unveiled campaign agenda, calling the opposition party's economic ideas quote "disastrous."

In his weekly radio and Internet address Obama says Republican plans to roll back healthcare reform and extend Bush-era tax cuts for top U.S. earners would not fix the nation's economic woes.

Barack Obama, US President, said, "It is grounded in same worn out philosophy: cut taxes for millionaires and billionaires; cut the rules for Wall Street and the special interests; and cut the middle class loose to fend for itself. That's not a prescription for a better future. It's an echo of a disastrous decade we can't afford to relive."

Republicans as well as so-called tea party activists have been out in force, calling Obama's policies disastrous and promising to address the economy more effectively if they take over one or both houses of Congress after the November elections.

The White House has sought to paint Republican ideas as remnants from former President George W. Bush's years in office -- a period which Obama's team stresses led to one of the worst recessions since the Great Depression.

Obama targeted Republican proposals on deficit cutting and tax cuts.

Barack Obama, US President, said, "For all their talk about reining in spending and getting our deficits under control, they want to borrow another $700 billion, and use it to give tax cuts to millionaires and billionaires."

Mid-term in elections in November will determine whether or not Democrats maintain control of both houses of Congress, which will be a key factor Obama's agenda going forward.

 

Related stories

Editor:Zhang Pengfei |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program