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Obama strikes back at Republicans over their campaign agenda

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

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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.


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Editor:Zhang Pengfei |Source: CNTV.CN

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