Election 2012 November 10, 2012: Four Days After Election, President Barack Obama Wins in Florida

ELECTION 2012

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CAMPAIGN BUZZ 2012

THE HEADLINES….

Four Days After Election, Obama Wins in Florida

Source: ABC News Radio, 11-10-12

Kevin Winter/NBCUniversal/Getty Images

Four days have passed since President Barack Obama took enough of the electoral college to secure a second term and Florida has still not quite counted 100 percent of its ballots. But with the last absentee votes from overseas trickling in and precincts firming up, Florida’s Secretary of State on Saturday finally announced Obama would walk away with its 29 electoral votes.

President Obama took the state by a paper-thin margin over challenger Mitt Romney at 50 percent to 49.1, or roughly 74,000 votes — barely over the half a percent margin that would have mandated a recount….READ MORE

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Full Text Political Headlines November 10, 2012: GOP Weekly Address: Speaker John Boehner on Growing the Economy, Creating Jobs, and Averting the Fiscal Cliff

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 112TH CONGRESS:

THE HEADLINES….

GOP Address: Speaker Boehner on Growing the Economy

Source: ABC News Radio, 11-10-12

ABC/Martin H. Simon

House Speaker John Boehner and President Obama may have found something on which they can agree. In the days since the president’s reelection Tuesday, the House speaker and the president both have stated that they would like to see bipartisan leaders in Washington come together in avoiding the approaching “fiscal cliff.”

While the president has said he refuses to consider any approach that isn’t balanced in reducing the federal deficit. According to President Obama, a balanced approach would mean spending cuts coupled with increased taxes for those making more than $250,000 to generate more revenue.

On the other hand, Boehner has said that tax increases are “unacceptable.”…READ MORE

Weekly Republican Address: Speaker Boehner on Helping Our Economy Grow, Create Jobs, and Avert the Fiscal Cliff

Source: Speaker.gov, 11-10-12

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“This week, I called for action by both parties on a plan to help our economy grow and create jobs, which is critical to solving our debt.

“It’s also critical to averting the so-called fiscal cliff, a combination of automatic spending cuts and tax rate increases that’s just weeks away from taking effect.

“Some have said that despite the risks, we should let our nation’s economy go off part of the fiscal cliff in January, by allowing the top two rates to rise.  They believe that doing that will generate more revenue for the federal government.

“But here’s the problem with that.  Raising those rates on January 1 would, according to the independent firm Ernst & Young, destroy 700,000 American jobs.  That’s because many of those hit by this tax increase are small business owners – the very people who are the key to job creation in America.  I used to be one of them.

“This week, I offered congratulations to President Obama – along with an alternative to sending our economy over any part of the fiscal cliff.

“Instead of raising tax rates on the American people and accepting the damage it will do to our economy, let’s start to actually solve the problem.

“Let’s focus on tax reform that closes special interest loopholes and lowers tax rates.

“Instead of accepting arbitrary cuts that will endanger our national defense, let’s get serious about shoring up the entitlement programs that are the primary drivers of our country’s massive, growing debt.  2013 should be the year to begin to solve our debt through tax reform and entitlement reform.

“Together, we should avert the fiscal cliff in a manner that ensures that 2013 finally is that year.

“Shoring up entitlements and reforming the tax code – closing special interest loopholes and deductions, and moving to a fairer, cleaner, and simpler system – will bring jobs home and result in a stronger, healthier economy.

“A stronger economy means more revenue – which is exactly what the president is seeking.  And without a strong economy, we’ll never be able to balance the budget and erase our country’s debt.

“This framework can lead to common ground.  The president and I had a brief conversation this week and I’m hopeful that we can continue those talks and forge an agreement that can pass both chambers of Congress.

“Because if there was a mandate in this election, it was a mandate to work together to do what’s in the best interest of our country.  And right now what’s best is getting our economy moving again and keeping it moving, so we can begin to restore our children’s future.

“It’s a great honor to serve as Speaker of the House.  I’m constantly inspired by the courage and grace of the American people, especially the 22.5 million veterans who we pause to honor this weekend.  To them and their families, we say thank you, God bless you, God bless this great nation that you’ve served so valiantly.”

Legal Buzz November 9, 2012: Supreme Court Will Take Up Major Voting Rights Case Shelby County v. Holder

LEGAL BUZZ

COURT AND LEGAL NEWS:

Supreme Court Will Take Up Major Voting Rights Case

Source: ABC News Radio, 11-9-12

Only three days after the contentious 2012 election, the Supreme Court announced Friday that it would take up a major voting rights case; it will be heard in the next few months and decided by June.

At issue is Section 5 of the Voting Rights Act, which was passed in 1965. It’s a central provision of the law that requires states with a history of voter discrimination, mostly in the South, to clear any changes to their election laws with federal officials in Washington….READ MORE

Full Text Obama Presidency November 10, 2012: President Barack Obama’s Weekly Address on Extending Middle Class Tax Cuts to Grow the Economy ‘No Time to Wait’

POLITICAL BUZZ

OBAMA PRESIDENCY & THE 112TH CONGRESS:

President Obama’s Address: Middle Class Tax Cuts — ‘No Time to Wait’

Source: ABC News Radio, 11-10-12

The White House

With re-election behind him, President Obama says “there’s no reason to wait,” regarding tax cut extensions for middle class families.

“You elected us to focus on your jobs, not ours,” the president says in this week’s address, his first since the nation voted him into his second term….READ MORE

Weekly Address: Extending Middle Class Tax Cuts to Grow the Economy

Source: WH, 11-10-12

President Obama says that it’s time for Congress to pass the middle class tax cuts for 98 percent of all Americans. Both parties agree that this will give 98 percent of families and 97 percent of small businesses the certainty that will lead to growth, and so there is no reason to wait. On Tuesday, the American people voted for compromise and action, and the President calls on Congress to come together in that spirit to help create jobs and strengthen our economy.

Transcript  |  Download mp4  |  Download mp3

Weekly Address: Extending Middle Class Tax Cuts to Grow the Economy

Hello, everybody.

On Tuesday, America went to the polls. And the message you sent was clear: you voted for action, not politics as usual. You elected us to focus on your jobs, not ours.

That’s why I’ve invited leaders of both parties to the White House next week, so we can start to build consensus around challenges we can only solve together. I also intend to bring in business, labor and civic leaders from outside Washington to get their ideas and input as well.

At a time when our economy is still recovering from the Great Recession, our top priority has to be jobs and growth. That’s the focus of the plan I talked about during the campaign. It’s a plan to reward businesses that create jobs here in America, and give people access to the education and training that those businesses are looking for. It’s a plan to rebuild our infrastructure and keep us on the cutting edge of innovation and clean energy. And it’s a plan to reduce our deficit in a balanced and responsible way.

This is even more important because at the end of this year, we face a series of deadlines that require us to make major decisions about how to pay down our deficit – decisions that will have a huge impact on the economy and the middle class, now and in the future.

Last year, I worked with Democrats and Republicans to cut a trillion dollars’ worth of spending, and I intend to work with both parties to do more. But as I said over and over again on the campaign trail, we can’t just cut our way to prosperity. If we’re serious about reducing the deficit, we have to combine spending cuts with revenue – and that means asking the wealthiest Americans to pay a little more in taxes. That’s how we did it when Bill Clinton was President. And that’s the only way we can afford to invest in education and job training and manufacturing – all the ingredients of a strong middle class and a strong economy.

Already, I’ve put forward a detailed plan that allows us to make these investments while reducing our deficit by $4 trillion over the next decade.  Now, I’m open to compromise and new ideas.  But I refuse to accept any approach that isn’t balanced. I will not ask students or seniors or middle-class families to pay down the entire deficit while people making over $250,000 aren’t asked to pay a dime more in taxes. This was a central question in the election. And on Tuesday, we found out that the majority of Americans agree with my approach – that includes Democrats, Independents, and Republicans.

Now we need a majority in Congress to listen – and they should start by making sure taxes don’t go up on the 98% of Americans making under $250,000 a year starting January 1. This is something we all agree on. Even as we negotiate a broader deficit reduction package, Congress should extend middle-class tax cuts right now. It’s a step that would give millions of families and 97% of small businesses the peace of mind that will lead to new jobs and faster growth. There’s no reason to wait.

We know there will be differences and disagreements in the months to come. That’s part of what makes our political system work. But on Tuesday, you said loud and clear that you won’t tolerate dysfunction, or politicians who see compromise as a dirty word. Not when so many of your families are still struggling.

Instead, you want cooperation. You want action. That’s what I plan to deliver in my second term, and I expect to find leaders from both parties willing to join me.

Thanks, and have a great weekend.

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