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Weekly Wrap Up: The Clock is Ticking

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Tax Countdown The clock is ticking. On Monday, the President urged Congress to pass tax cuts for the middle class before they go home for the holidays. Immediately after the briefing, the White House launched a countdown clock on and in the press briefing room, to let people know exactly how much time is left before taxes go up for middle class families without congress. Later in the week, Senate Republicans blocked the tax cut extension as well as Richard Cordray’s nomination to head the Consumer Financial Protection Bureau—a job that ensures consumer protection. In a press briefing, the President addressed that vote and Congress’ failure to extend the payroll tax cut. President Obama promised to explore all options and take nothing "off the table" in ensuring that the CFPB is able to fulfill its mission of protecting consumers. 

Make or Break Moment More than 100 years since Teddy Roosevelt gave his historic New Nationalism speech in Osawatomie,Kansas, President Obama traveled  to this same small town to address the make-or-break moment for the middle class. Some in Washington argue that we should let the markets take care of everything -- rolling back regulation and slashing taxes.Thankfully, President Obama said, we can choose a different path: “There’s another view about how we build a strong middle class in this country. It is a view that says in America we are greater together -- when everyone engages in fair play and everybody gets a fair shot and everybody does their fair share.”

College Affordability Vice President Biden and Secretary of Education Arne Duncan visited Fletcher High School in Neptune Beach, Florida to talk about college affordability in a town hall meeting. They spoke with parents and students about steps the administration has taken to reduce college costs and the need to keep college tuition low so more Americans have the opportunity to obtain a degree.  President Obama and Vice President Biden have focused on making college affordable for middle-class families since the day they took office.  Before making his speech, the Vice President made a surprise visit to Mayport in Jacksonville as sailors returned from overseas to be welcomed home by their families.

Canada Visit The President welcomed Canadian Prime Minister Stephen Harper to the White House Thursday to discuss the economy and make commitments to ease trade and travel between the two neighboring nations. The President also discussed Canada’s role in helping put Americans back to work. “Canada is key to achieving my goal of doubling American exports and putting people back to work and the important initiatives that we agreed to today will help us do just that.”

Kennedy Center Honors President Obama and the First Lady honored Meryl Streep, Neil Diamond, Sonny Rollins, Yo-Yo Ma and Barbara Cook for their lifelong contributions to the arts and thanked them for sharing their talents with the world.  The award winners were honored at the Kennedy Center for the Performing Arts in Washington D.C.