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Obama to address budget, deficit in State of Union: White House

English.news.cn   2010-12-24 07:59:05 FeedbackPrintRSS

WASHINGTON, Dec. 23 (Xinhua) -- U.S. President Barack Obama will focus on federal budget and deficit in his second State of the Union address, White House spokesman Robert Gibbs said Thursday.

In answering a question a follower posted on Twitter, Gibbs said Obama will deliver his State of the Union address late January, and he will use the opportunity to push recommendations from his bipartisan deficit control commission in the Congress.

The commission recommended early December massive spending cut plan in a bid to trim U.S. budget deficits by 4 trillion dollars over the next decade. In an effort to lower the deficit to 2.3 percent of gross domestic product by 2015, the proposal would reduce taxes while spreading the tax base, cutting social welfare benefits and slashing defense spending. It also called for a higher retirement age.

However, the plan failed to advance to Congress. Republicans, who won control of the House of Representatives, have vowed to roll back spending on hundreds of federal programs to 2008 levels.

Obama is now in Hawaii for vacation. Before he began the holidays Wednesday, he told a news conference that "as soon as the new Congress is sworn in, we're going to have to have a conversation about how do we start balancing our budget, or at least getting to a point that's sustainable when it comes to our deficit and our debt."

Editor: Lu Hui
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