WASHINGTON, Feb. 25 (Xinhua) -- U.S. President Barack Obama on Monday urged lawmakers to adopt smart government spending cuts to reduce economic uncertainty and bolster economic growth.
The uncertainty caused by the government spending cuts is already having an effect on U.S. economy, Obama said in his remarks to the National Governors Association at the White House.
"As leaders, we share responsibility to do whatever we can to help grow our economy and create good middle-class jobs," Obama told the governors.
"Unfortunately, in just four days, Congress is poised to allow a series of arbitrary, automatic budget cuts to kick in that will slow our economy, eliminate good jobs, and leave a lot of folks who are already pretty thinly stretched scrambling to figure out what to do," Obama said.
Roughly 85 billion U.S. dollars of spending cuts were set to hit various governmental departments this year starting on March 1, as agreed by Democrats and Republicans in January to avoid the so- called "fiscal cliff."
Thousands of teachers and educators will be laid off in different states. Tens of thousands of parents will have to deal with finding child care for their children. Hundreds of thousands of Americans will lose access to healthcare services like flu vaccinations and cancer screenings, he noted.
The nation should reduce the deficit by making some tough, smart spending cuts and getting rid of wasteful tax loopholes that benefit the well-off and the well-connected, Obama said.
With little momentum from GOP lawmakers to avert the massive spending cuts, the White House has highlighted the effect of government spending cuts to local economies to set up Republicans for blame if the government outlays cuts are to kick in.
White House urges Congress to avert looming spending cuts
WASHINGTON, Feb. 22 (Xinhua) -- White House officials on Friday said the looming government spending cuts slated to take effect on March 1 was not inevitable and it will hamper U.S. transportation services and economic growth.
The across-the-board automatic spending cuts, the so-called " sequester" in U.S. government budget language, will have a "very serious impact" on the transportation services that are critical to the traveling public and to the nation's economy, U.S. Transportation Secretary Ray LaHood warned on Friday.Full story
Obama calls top GOP lawmakers on spending cuts
WASHINGTON, Feb. 21 (Xinhua) -- U.S. President Barack Obama on Thursday reached out to leading Republican lawmakers on discussions of the looming government spending cuts slated to take effect on March 1, White House spokesman Jay Carney said.
Obama made phone calls to GOP leaders including House Speaker John Boehner and Senate Republican leader Mitch McConnell and they had "good conversations," Carney told reporters without giving more details. Full story
White House backs gov't spending cuts replacement bill
WASHINGTON, Feb. 14 (Xinhua) -- The White House on Thursday offered its support to a bill unveiled by Senate Democrats to replace the looming across-the-board government spending cuts.
Senate Democratic leaders on Thursday proposed a 110-billion- dollar sequester replacement bill at a closed-door meeting to replace 85 billion dollars in spending cuts set to hit March 1. The new package is split evenly between spending cuts and new tax revenues, local media reported. Full story