Embassy, as well as migration and restoration of full diplomatic relations. Shes the first high-level State Department official to visit the country in three decades. Last week, the U.S. Treasury Department laid out the dos and don'ts of travel to the island nation. With the presidents executive order, U.S.
Obama's 'real' SOTU goal: Embarrass the Republicans - Yahoo News
And I think you even further diminish the chances of getting anything done in the next two years. It's not just about what the President will say tonight that will hamper Congress in 2015 and 2016. Valliere points to "divisions within both parties." The GOP is dealing with the Tea Party hardline. There are differences among Democrats as well, says Valliere, as House Minority Leader Nancy Pelosi and Senate Minority Leader Harry Reid have spoken out against a free trade deal that President Obama supports. Get the Latest Market Data and News with the Yahoo Finance App Of course, there is always a chance for some reaching-across-the-aisle rhetoric tonight. Valliere says the President may make a push for the "war on terror," for example, or cater to Republicans by discussing free trade. But don't expect that to extend very far - especially not to the realm of taxes. And that's not a good thing, as far as Valliere is concerned: This proposal from the President is so blatantly partisan. Its going to hurt him and his abilities to get anything through Congress. Perhaps it is a good thing, then, for the President that he goes into the State of the Union riding momentum after a new poll showing his first approval rating uptick in years. According to a Washington Post/ABC News poll, 50 percent say they approve of the job Obama is doing as commander-in-chief.
Obama's speech strategy: Put GOP on the back foot on taxes
Much of this is the result of larger economic trendsand fallout from the recessionthat are beyond Obama's control. But his rising poll numbers won't truly take off unless economic gains are more broadly felt. None of Obama's proposalsfrom a hike in the capital gains rate to a tax on the 100 largest banks to free community collegeis likely to become law in a GOP Congress. But they will put pressure on Republicans to address inequality through something other than just across-the-board tax cuts that also benefit the already very wealthy. How Republicans deal with this issue will be a major theme of the 114th Congress and the 2016 presidential campaign. There remains an outside shot that the two parties could agree on some form of corporate tax reform in 2015.
Obama heads into State of the Union on ratings uptick - CNN.com
The annual speech, the most important in the US political calendar, comes two years to the day of his scheduled departure from the White House in 2017, and the American president does not have an easy road ahead of him. Tuesday will mark the first time since his election twitter in 2008 that Obama will address a Congress whose two houses are entirely controlled by his Republican adversaries. "Im not going to spend the next two years on defense; Im going to play offense," a defiant Obama told Senate Democrats, according to comments reported by the website Politico. His credo: It's time for Americans to benefit from the country's economic growth after years of decline. Unemployment has fallen below six percent, the lowest numbers in over a decade.
Obama aide: Our 'strong logic' for rich tax hikes
It was never was implemented but often praised on both sides of the aisle. "The bank tax, [Republican] former Ways and Means chairman Dave Camp, he proposed a very similar tax on banks," Furman said. "These all have a strong economic logic to them." Read More Americans shake off economic pessimism: NBC/WSJ poll Furman also pointed to past doomsday scenarios in making his case for these new actions. "The tax deal at the end of 2012, we increased tax rates on capital gains and dividends. Some people predicted it would be the end of the world.
Obama faces Republican-held Congress for State of the Union - Yahoo News
Obama's State of the Union wades into 2016 Improving economic conditions have finally triggered more optimism in the country, the surveys show, though many Americans still say the nation's financial state is poor. Even as more people feel the benefits of a resurgent economy, there's still a persistent sense among Americans that it's not improving fast enough. The Washington Post/ABC poll out Monday showed 56% of Americans felt the country was on the wrong track - an improvement from the 70% who felt that way in 2013, but still reflective of a majority who aren't seeing much to crow about in the economic recovery. That gloom is part of the reason Democrats fared so poorly in November's midterm elections - and why Obama's address on Tuesday will be delivered to the first GOP-majority Congress of Obama's presidency. The White House hopes that with improving approval poll numbers will come more unity among Democrats around Obama's agenda, which aides say can be reduced to three words: middle class economics.