May 2, 2016 | 75° | Check Traffic

Top News

2013 can be year of economic growth, Obama says

WASHINGTON >> President Barack Obama says 2013 can be a year of solid economic growth, but only if Washington gets out of the way.

In his weekly radio and Internet address, Obama says there are signs of progress in real estate, manufacturing and job-creation.

But other signs are worrying. Unemployment ticked up from 7.8 percent in December to 7.9 percent in January. And the Commerce Department says the economy shrank at an annual rate of 0.1 percent in the final months of 2012.

Obama says the U.S. must lower health care costs and close tax loopholes for corporations and the wealthy.

In the Republican address, Rep. Susan Brooks of Indiana says Democrats must get serious about the nation’s spending problems. She’s calling on Senate Democrats to pass a budget.

———

ON THE NET:

>> Obama address: www.whitehouse.gov

>> GOP address: www.youtube.com/HouseConference

No comments
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.