Obama to Address Congress and Nation

Obama to Address Congress and Nation

On Tuesday, February 24, at 9:00 p.m. Eastern Time, U.S. President Barack Obama will go before a joint session of Congress for the first time to address the American people on the challenges facing the nation. The speech is expected to focus largely on the economy, Voice of America reported.

The president will use the speech to lay out his plans and priorities.

He gave a preview on Monday in remarks to a White House economic summit that brought together lawmakers and experts to discuss ways to bring down the federal budget deficit.

The president noted that he inherited a $1.3 trillion deficit from the Bush administration. He said his goal is to cut it in half in four years.

"We cannot, and will not, sustain deficits like these without end," said President Obama. "Contrary to the prevailing wisdom in Washington these past few years, we cannot simply spend as we please and defer the consequences to the next budget, the next administration, or the next generation." 

The president announced his deficit reduction goal less than one week after he signed into law the largest spending bill in U.S. history. Mr. Obama emphasized the $787 billion stimulus plan is a one-time expenditure to deal with an economic emergency. He said the long-term goal must be to cut the federal deficit and balance the budget.

"There is no contradiction from my perspective in doing the recovery package first, but now focusing on the medium and the long term," said Mr. Obama.

The economic summit brought together allies and adversaries of the Obama administration. Among those attending was Senator John McCain - Mr. Obama's Republican opponent in last year's presidential election. Also taking part was Republican Representative Eric Cantor, who played a key role in unifying party members in the House of Representatives against the stimulus bill. He said he welcomed the chance for dialog at the White House.

"It's a great opportunity for us to really come together on some of these very big issues," he said.

Tuesday night's speech will be the next step in the process.

Although Mr. Obama will speak before a joint session of Congress, this will not be a State of the Union Address - the nationally broadcast report usually delivered at this time of year.

This speech is expected to be narrower in scope, dealing primarily with the economy and to a lesser extent with national security matters. Mr. Obama will deliver his first formal State of the Union in 2010.  

Subscribe to Trend in Google News! Subscribe
Finalists in individual trampoline among women announced
Finalists in individual trampoline among women announced
Azerbaijani servicemen suffer in mine explosion in Fuzuli district
Azerbaijani servicemen suffer in mine explosion in Fuzuli district
28th FIG Trampoline Gymnastics World Age Group Competitions continue in Baku (PHOTO)
28th FIG Trampoline Gymnastics World Age Group Competitions continue in Baku (PHOTO)
Loading Bars
Latest
ECO must be ready for challenges of modern world - President of Kyrgyzstan
Iran interested in comprehensively developing relations with Pakistan – Raisi
Importance of Zangazur corridor is obvious - Turkish President
Iran's relations with Tajikistan to continue in full force – President of Iran
Azerbaijan's achievements highly appreciated by international institutions - President Ilham Aliyev
In total disrespect and hatred to all Muslims, Armenia destroyed and desecrated our mosques - President Ilham Aliyev
President Ilham Aliyev takes part in official dinner in honor of participants of 15th Summit of Economic Cooperation Organization
Over 60% of adult population in country received two shots - Azerbaijani president
Finalists in individual trampoline among women announced
Iran fully supports the ECO
Iran seeks to promote ties with Turkmenistan - Iranian President
Azerbaijani servicemen suffer in mine explosion in Fuzuli district
Problem loans in Azerbaijani banks decrease for year
28th FIG Trampoline Gymnastics World Age Group Competitions continue in Baku (PHOTO)
Number of client accounts in Azerbaijani banks increases
Turkey discloses volume of cargo transshipped via Zonguldak port in 9M2021
Iran eyes increase in exports via customs of Markazi Province
Finalists in individual trampoline among men announced at 28th FIG World Age Group Competitions in Baku
Close relations between Iran, Azerbaijan, Turkey are important – Iranian President
Presidents of Kyrgyzstan, Turkmenistan discuss current areas of bilateral relations
Azerbaijan provided financial and humanitarian assistance to about 80 countries to support their fight against coronavirus - President Ilham Aliyev
Azerbaijan to allocate at least $1.3 billion for building new cities and towns in liberated territories in 2022 - President Ilham Aliyev
Our strategic foreign exchange reserves exceed our state external debt by over six times - President Ilham Aliyev
Over past 18 years, economy of Azerbaijan developed rapidly - President Ilham Aliyev
Finalists in double mini trampoline among women announced at 28th FIG World Age Group Competitions in Baku
Today I can say that Zangazur corridor becomes reality - President Aliyev (FULL SPEECH)
Confident that ECO Member States will benefit from Zangazur corridor - President Ilham Aliyev
Azerbaijan achieved favourable investment climate as result of large-scale reforms - President Ilham Aliyev
Finalists in tumbling among men announced at 28th FIG Trampoline Gymnastics World Age Group Competitions in Baku
Australia confirms two cases of Omicron COVID-19 variant
Zangazur Corridor to contribute to economic development of region - Turkish FM
President Ilham Aliyev participating in 15th Summit of Heads of ECO member-states in Turkmenistan (PHOTO/VIDEO)
Azerbaijani Defense Ministry presents weekly review (VIDEO)
Final day of 28th FIG Trampoline Gymnastics World Age Group Competitions starts at National Gymnastics Arena in Baku (PHOTO)
President of Azerbaijan Ilham Aliyev arrives in Turkmenistan for visit (PHOTO/VIDEO)
Azerbaijani, Iranian FMs meet at Economic Cooperation Council's meeting in Ashgabat
Georgia imposes new regulations for citizens from 8 countries
Turkey, Turkmenistan sign deals, strengthen ties in Erdoğan's visit
Indonesia bans arrivals from 8 African countries to curb Omicron variant
Volume of goods loaded/unloaded in Iranian ports up
Azerbaijan’s 10M2021 volume of loans issued to energy, chemistry and natural resources decreases
Kyrgyz president leaves for Turkmenistan for working visit
Kyrgyzstan adds 41 fresh COVID-19 cases
Access to finance remains major challenge for small businesses in Georgia - IFC
847 more COVID-19 cases reported in Kazakhstan
Parliamentary elections begin in Kyrgyzstan
Cooperation with regional countries, Iran’s top priority - İranian president
Spanish police march in Madrid to protest against 'Gag Law' reform
Storm Arwen: Third person dies as gale-force winds hit UK
U.S. imposes travel ban from eight African countries over Omicron variant
Israel to ban entry of foreigners from all countries over Omicron
Saudi Arabia allows entry of all travelers who received one dose of COVID-19 vaccine
Two workers die in accident preparing Spanish stadium for cup game
Iran's Energy Exchange announces products to be on sale on November 28
UK, Germany and Italy detect Omicron coronavirus variant cases
Results of Sochi summit fully reflect position of Azerbaijan - Russian expert
Awarding ceremony third day held as part of 28th FIG Trampoline Gymnastics World Age Group Competitions in Baku (PHOTOS)
Winners in synchronized trampoline jumping at 28th FIG Trampoline Gymnastics World Age Group Competitions in Baku determined
Baku names winners of World Age Group Competitions in jumping on double mini-trampoline for men
28th FIG Trampoline Gymnastics World Age Group Competitions: Russian gymnast takes first place in tumbling
Baku names winners of World Age Group Competitions in jumping on double mini-trampoline for women
Azercell announces contest on social network
Gymnast from Kazakhstan win gold in acrobatic jumping at 28th FIG Trampoline Gymnastics World Age Group Competitions
Best moments of third day of the World Age Group Competitions in Trampoline Gymnastics and Tumbling in Baku (PHOTOS)
World age group competition in Baku - Russian gymnast wins first place in individual trampoline jumping
Russian gymnast wins gold in individual trampoline jumping in Baku
Turkmenistan boosts imports of electrical goods from Turkey
Turkmenistan agrees to participate in Lapis-Lazuli project
Smoking to be banned in taxis in Georgia
Iran’s Bahar Azadi gold coin price rebounds
11,358 people received COVID-19 vaccine in Kyrgyzstan over past day
Prepared hard for the 28th World Competition in Baku - athlete from Denmark
Finalists in synchronized trampoline jumping among men and women announced at 28th FIG World Age Group Competitions in Baku
Finalists in individual trampoline jumping among men announced at 28th FIG World Age Group Competitions in Baku
Azerbaijan expects mutual steps from Armenia towards achieving peace - FM
Azerbaijani, Turkish FMs meet at Economic Cooperation Council's meeting in Ashgabat
Phone conversation held between Presidents of Azerbaijan and Belarus
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 1,617 more COVID-19 cases, 1,979 recoveries
ECO Council of FMs supports Azerbaijan's proposal to establish Clean Energy Center (PHOTO)
Buy/sell operations at Iran Mercantile Exchange revealed
Finalists in double mini-trampoline jumping among men announced at 28th FIG World Age Group Competitions in Baku
Finalists in acrobatic jumping among men named at 28th FIG World Age Group Competitions in Baku
Azerbaijani gymnast Seljan Mahsudova reaches finals of World Age Group competition
Kazakhstani Astana- Motors to produce Hyundai cars in Uzbekistan
Iran reveals COVID-19 data for November 27
Finalists in acrobatic jumping among women announced at 28th FIG World Age Group Competitions in Baku
Novavax developing vaccine that targets new COVID-19 variant
Eni sells some stakes to Snam
28th FIG Trampoline Gymnastics World Age Group Competitions underway in Baku (PHOTOS)
Azerbaijan reveals financing of pensions, benefits for 9M2021
Turkish company to organize cotton-textile cluster in Uzbekistan
Finalists in double mini-trampoline among women announced at 28th FIG World Age Group Competitions in Baku
Georgia’s imports from Turkmenistan triple
Coach set goal to enter top three in individual trampoline jumping - Russian gymnast
Uzbek National Bank to issue its bonds on Russian Exchange
33,946 new Covid cases registered in Russia in 24 hours
Georgia to replace damaged buildings – Mayor of Tbilisi
Meeting in Sochi - new step towards sustainable peace in South Caucasus - Turkey's presidential administration
Turkey's cargo traffic via its Gulluk port for 9M2021 revealed
All news