Quantcast

Monday, September 01, 2014         

 Print   Email   Most Popular   Save   Post   Retweet

2013 can be year of economic growth, Obama says


Associated Press

POSTED:
LAST UPDATED: 01:18 a.m. HST, Feb 02, 2013



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






 Print   Email   Most Popular   Save   Post   Retweet

IN OTHER NEWS
Breaking News