The White House

Office of the Press Secretary

Press Gaggle by Press Secretary Jay Carney Aboard Air Force One, 7/16/2012

Aboard Air Force One
En Route Cincinnati, Ohio

10:25 A.M. EDT

MR. CARNEY:  Welcome aboard Air Force One as we make our way to the great state of Ohio.  Thank you for joining us.  As we have been doing of late, Jen and I will be briefing together.  I can take questions related to policy, the presidency, the administration, et cetera.  Jen can take your questions on the campaign.  Where questions contain elements that each of us can respond to, we’ll do that accordingly.

Before I turn it over to Jen to give a topper, I just wanted to mention that today the World Trade Organization is announcing another clear win for the United States in a trade dispute with China -- this time over so-called “electronic payment systems” like credit and debit cards. 

The Obama administration launched this case in 2010.  Today’s win highlights that tackling unfair Chinese trade practices has been a priority of this President throughout his term in office.  That is precisely why 3.5 years into the President’s first term we have doubled the rate of WTO cases against China versus the prior administration.

I can answer more questions about that, the details of which may be interesting to you.

With that, I will turn over the top to Jen.

MS. PSAKI:  In his remarks today in Cincinnati, President Obama will highlight a new report that it was issued in tax notes -- I have copies of it here if anyone doesn’t have a copy -- that indicates that Mitt Romney’s support for a tax system that would eliminate taxes on U.S. companies’ foreign profits would create 800,000 jobs overseas.  This could impact places like Cincinnati.  And as I mentioned, the President will be talking about it in his remarks today.

MR. CARNEY:  And with that, we’ll take your questions.

Q    The Romney campaign is upping the heat about so-called crony capitalism.  They’re talking not only about familiar cases like Solyndra, but also some other cases like Westly and First Wind.  Is the President vulnerable on that?

MR. CARNEY:  I’ll take a -- can I just do the policy part first?  This President will not concede the industries of the 21st century to China, India, Europe and elsewhere.  The investments made in the Recovery Act have already helped renewable energy production double in the United States.  They have helped created thousands -- tens of thousands of jobs in the United States.  And they have helped build a foundation for competition in vital industries in the 21st century, for competition that will allow for the creation of American jobs in the United States. 

The alternative is to cede those industries to other countries, because the 21st century will be very much focused on the development of clean energy technologies and the utilization of the clean energy technologies.  So you have a choice.  You either make the investments to ensure that those jobs are created in the United States, or you don’t.  And if you don’t, you decide that you’re going to be importing not just foreign oil but foreign clean energy technologies.  This President will not do that.  And I’ll turn it over to Jen.

Q    Are you saying that people who contribute money to the campaign or help the campaign in other ways are rewarded with loans and grants for these types of energy programs?

MS. PSAKI:  I’ll take this.  President Obama has set a bar of transparency that Mitt Romney has not met, cannot possibly meet even on his tippy toes.  We have released bundlers regularly.  We release people who visit the White House.  We release far more than Mitt Romney has come close to.  I would encourage anyone to ask the Romney campaign to provide a list of their bundlers.  The only reason we’re discussing this is because of President Obama’s high level of transparency. 

I will say that on the points that Mitt Romney is attempting to make, these are old, tired, haggard attacks, and they -- we know what tactically they're trying to do, which is change the conversation, because he doesn't want to answer questions about his time at Bain Capital, as over the weekend new information continued to come out, raising additional questions.

For Mitt Romney, as well, it should not come as any surprise either that given President Obama’s strong record on clean energy, which Jay touched on, that there would be supporters who have contributed to the campaign.  This is an area, as Jay touched on, that we’re committed to not only pushing forward, but the President will be talking about his commitment to clean energy on the campaign trail.

Q    But just because you reveal or divulge donors doesn’t mean that there’s not a connection between federal grants and loans and help for the campaign.

MR. CARNEY:  I was just going to say there’s been a substantial amount of time and energy spent in the House of Representatives investigating this, and they have come out with exactly zero evidence of any kind of improper behavior with regards to this.  And rather than focusing on creating jobs and helping the economy grow, the House of Representatives, in particular, has spent a great deal of time focusing on these kinds of investigations that have led nowhere.

When they haven’t been doing that, they’ve been voting to repeal the Affordable Care Act 33 time -- again, a use of their time as America’s representatives in the House and in Congress that I think most Americans would think was ill spent. 

MS. PSAKI:  And just one thing to add.  I would encourage also anyone to take a look at Mitt Romney’s record when he was the governor of Massachusetts.  He’s treading on thin ice here, and I would encourage all of you to take a look at the kind of bundler -- the kind of donors he had, the contracts that were given, and take a look and see what you find there. 

Just to add to what Jay said, in addition to the congressional investigation, there’s been countless fact checks from media organizations about these accusations over the course of the last six months that we’re happy to provide as needed.

Q    Just a quick change of subject before you come back to this, I’m sure -- North Korea, one of the top military officials in the country has been pushed out of -- pushed out.  What’s the White House reaction to that?  Do you see any significance that the new leader there is beginning to assert himself?

MR. CARNEY:  Well, I don't have any comment on the specific personnel move that you referred to.  And I think that the way we address the issue of policy towards North Korea has to do with holding North Korea accountable to its international obligations and judging North Korea by its actions, and not spending a lot of time trying to read into personnel moves in what is one of the world's most opaque governments and societies.

Q    Jen, the Romney campaign’s poster has a memo out saying that despite all of the attacks -- and they’ve been pretty relentless -- that the race is tightening, not widening; the gap is tightening in his favor, therefore they're not working.  Do you have evidence to the contrary?

MS. PSAKI:  Well, we've all known that once Mitt Romney became the nominee that there would be a bump in support for his candidacy.  Obviously, we're a couple weeks into that.  We've always known the race would be --

Q    But you’ve been saying that for a while now.

MS. PSAKI:  -- the race would be close.  We've always said that. 

We're exactly where we want to be.  We're traveling to Ohio today, where if you talk to people in the crowd I will promise you people will bring up outsourcing and Mitt Romney's record on outsourcing and their concerns about that.  We're focused on running a state-to-state campaign.  That’s why we're in Ohio today, that’s why we're going to Florida later this week.  And I will tell you, we're exactly where we want to be, which is with field organizers on the ground, volunteers building, opening more offices.  And that’s where our focus is.

Q    Can you point any evidence that these questions that you're raising about Romney is taking a toll on him?

MS. PSAKI:  Well, we have seen in state-by-state polls, especially in places like Ohio, that people have started to question Mitt Romney's business credentials, which he's been leading with, as the reason -- the number-one qualification for his presidency.  People are questioning what he did at Bain, what these investments were.  People want to know more about his time there and what decisions he was involved in.

We saw over the weekend that Bill Kristol and Haley Barbour both suggested, called on him to release his tax returns.  And he's created this cloud of secrecy around his campaign that I promise you people in states across the country are very concerned about.

Q    Jay, you started off giving us a -- sort of highlighting a WTO decision against China, I think you said on debit and credit cards.  Of course, the last time you guys were in Ohio there was a WTO complaint that was filed by the U.S.  Do you all see that the message of wins -- these are clear wins against China resonate particularly well in a state like Ohio that has strong auto industry ties?

MR. CARNEY:  Well, the President feels very strongly that taking action to ensure that American companies and American workers are able to compete on a level playing field with China and other countries is something that resonates across the country with Americans. 

This particular announcement that I brought up at the top of the briefing was made by the WTO.  It has nothing -- the timing is not ours, but it is newsworthy today.  And this relates to one of the six prior cases that the United States has filed at the WTO against China under President Obama.  The other action that you referenced refers to the seventh new initiative that this administration has filed at the WTO against China.

MS. PSAKI:  I just wanted to add one thing about the town hall today -- this is the first town hall.  Some people have asked me this.  So first town hall of the general election.  The tickets were distributed at three field offices around Cincinnati, free and open to the public.  Let me know if you have any other questions on that front, but just so you're all aware.

Q    Three field offices?

MS. PSAKI:  Three field offices in Cincinnati.

Q    -- first come, first serve?

MS. PSAKI:  Yes, exactly.

Q    Jay, is the White House putting out some information on the WTO case?

MR. CARNEY:  I’ll see if we can get more information available to you.  I'm not sure that we have a lot more on it.  It has to do with -- I can tell you this, that the heart of the case involves a Chinese prohibition on foreign companies handling credit and debit card payments in China, instead requiring that they go through one single domestic entity -- China Union Pay. 

Today's win shows our determination to go after China's efforts to distort global trade rules, including by creating domestic "national champions" like China Union Pay.  And it will benefit jobs and companies here at home.  So this is -- the case itself was filed in 2010.  This is another judgment in the U.S.'s favor with regards to this case.

Q    The field office -- if someone walks in off the street who has not worked for the campaign and the campaign is not familiar with them, they could get a ticket?

MS. PSAKI:  Yes.  I don't know the numbers yet, but we'll get you that information as soon as we get there. 

MR. CARNEY:  Thanks, everybody. 

END
10:38 A.M. EDT

The White House

Office of the Press Secretary

Presidential Proclamation -- Captive Nations Week, 2012

CAPTIVE NATIONS WEEK, 2012
- - - - - - -
BY THE PRESIDENT OF THE UNITED STATES OF AMERICA
A PROCLAMATION

When President Dwight D. Eisenhower first proclaimed Captive Nations Week amidst an escalating Cold War, he affirmed that "the citizens of the United States are linked by bonds of family and principle to those who love freedom and justice on every continent." Our world has changed dramatically since 1959, but those unbreakable bonds endure. During Captive Nations Week, America renews our abiding ties to all peoples who struggle to claim their inalienable rights.

From the Baltic Sea to the Balkan Peninsula, once-captive nations inspired the world when bold patriots stepped forward to regain their countries' sovereignty and their citizens' dignity. Today, we see the same courage in protesters who brave the line of fire to sound the call for reform. We see the same fierce hope in those who defy censorship and reach beyond an electronic curtain to connect with people around the world. As individuals rise to demand their universal rights, the United States stands with them in pursuit of equality, justice, and freedom.

As strongly as my Administration condemns tyranny, we embrace emerging democracies and welcome the chance to work with those who seek to restore their peoples' liberty. With our partners in the international community, we will continue striving to advance human rights, grow prosperity, and meet mutual challenges with global solutions. And as long as there are people who live in the darkness of oppression, America will remain their steadfast friend, linked by a common dream and our common ideals.

The Congress, by joint resolution approved July 17, 1959 (73 Stat. 212), has authorized and requested the President to issue a proclamation designating the third week of July of each year as "Captive Nations Week."

NOW, THEREFORE, I, BARACK OBAMA, President of the United States of America, do hereby proclaim July 15 through July 21, 2012, as Captive Nations Week. I call upon the people of the United States to reaffirm our deep ties to all governments and people committed to freedom, dignity, and opportunity for all.

IN WITNESS WHEREOF, I have hereunto set my hand this sixteenth day of July, in the year of our Lord two thousand twelve, and of the Independence of the United States of America the two hundred and thirty-seventh.

BARACK OBAMA

From the Archives: Ruby Bridges Visits the White House

One year ago today, President Obama got a visit from an icon of the civil rights movement. Ruby Bridges was at the White House to see how a painting that commemorates a personal and historic milestone looked hanging on the wall outside of the Oval Office. Norman Rockwell  was so inspired by the image of the six year old  being escorted to her first day in a formerly segregated kindergarten by four U.S. marshals amidst signs of protest and fearful ignorance that he painted it for the cover of Look magazine. 

When Ruby Bridges visited the Oval Office on July 15, President Obama told her, "I think it's fair to say that if it wasn't for you guys, I wouldn't be here today." 

Watch Ruby Bridges' visit with the President.

The White House

Office of the Press Secretary

Remarks by the President at a Campaign Event

Walkerton Tavern and Gardens
Glen Allen, Virginia

12:12 P.M. EDT

THE PRESIDENT: How’s it going, Virginia? (Applause.) You know, this feels kind of good. (Applause.) Don't you think?

AUDIENCE: Yes!

THE PRESIDENT: I need to cool off a little bit. It's a little warm. (Applause.) Well, I know these are some die-hard political folks here -- (applause) -- not letting a little rain chase us away.

AUDIENCE: No!

THE PRESIDENT: Although I know this from Michelle. Ladies, I do apologize for your hairdos getting messed up. (Applause.)

We’re going to have to treat everybody to a little salon visit after this. (Applause.)

So a couple of acknowledgements I want to make real quick. First of all, an outstanding member of Congress who’s looking out for working people every day, Bobby Scott is in the house. (Applause.) State Senator Donald McEachin is here. (Applause.) State Delegate Jennifer McClellan is here. (Applause.) And John Montgomery is here. Give him a big round of applause. (Applause.)

Now, I’m going to just cut straight to business. We don't have time for small talk here.

AUDIENCE MEMBER: Four more years! (Laughter.)

THE PRESIDENT: This is my last political campaign. We’re term-limited as President. And it got me thinking about my first political campaigns. I think about the places I used to travel as a state senator when I was running for the United States Senate, all across Illinois, which is a lot like Virginia. You got big cities, but you also have small towns. You got rural, suburban, urban areas. You’d stop in VFW halls or diners. You go to churches or synagogues, and you’d meet folks black, white, Hispanic, Asian, Native American, you name it. And wherever I went, even if on the surface folks looked different, there was a common thread that ran through their stories. And in those stories I saw my own.

So I’d meet an elderly veteran, and I think about my grandfather who fought in World War II, and my grandmother who worked on a bomber assembly line while he was away, even though they’d already had my mother. And I’d think about how when my grandfather came back from Europe, he was able to get a college education on the GI Bill, and how they’d buy their first home with the help of an FHA loan.

And then I’d meet a single mom somewhere who was working hard, raising kids, and I’d think about my mom -- because my dad left when I was young. And so my mother had to work and go to school at the same time, and yet, despite not having a lot of money, was still able to provide me and my sister with the best education possible, and instilled in us a sense that if we worked hard, we could go as far as our dreams would take us. (Applause.)

And then I’d think about Michelle’s parents whenever I’d meet a working family because Michelle’s dad was a blue-collar worker. He had multiple sclerosis. By the time I met him, he could barely walk, in fact, really couldn’t walk without two canes.

And he’d have to wake up an hour early -- earlier than everybody else -- just to get dressed. But he never missed a day on the job. (Applause.) And Michelle’s mom, she stayed at home when the kids were young and then found a job as a secretary, and that’s the work they did all their lives. They had a little second-floor apartment that Michelle and Craig lived in, and yet, despite those modest beginnings, Michelle and her brother were able to get the best possible education.

And so in these travels that I had in that first campaign, what I was reminded of was that core idea that is central to this country -- what makes us exceptional, what makes us great. It’s not just how many skyscrapers we have; it’s not how powerful our military is -- what makes us special is this idea that in this country, if you are willing to work hard, if you’re willing to take responsibility for your own life, then you can make it if you try. (Applause.) No matter where you come from, no matter what you look like, no matter what your last name is, no matter how modest your beginnings, you can make it in this country if you work hard. (Applause.) Because America has never been a country of handouts. We’re a nation of workers, and doers, and dreamers, and risk-takers. We work for what we get. And all we ask for, as Americans, is that our hard work pays off. All we ask is that our responsibility is rewarded -- so that if we put in enough effort, we can find a job that pays the bills; we can afford a home to call our own; we won’t go bankrupt when we get sick; maybe we can take a vacation.

When I think about my favorite vacations when I was a kid, when I was 11 years old my mom, sister, and my grandmom, we traveled across the country. But we didn’t fly on jets, we took Greyhound buses. (Applause.) Took the train sometimes. I think we were in the car twice. Stayed at Howard Johnsons. And the exciting thing for me was if there was any kind of swimming pool -- it didn’t matter how big it was. (Laughter.) And then after you spend the whole day swimming, then you’d go to the vending machine, get a soda and a bucket of ice. (Laughter.)

But the point was to spend time with folks you loved, and enjoy their company. So that was part of it, and then people expect, I think, that they can retire with dignity and respect after a lifetime of work. (Applause.) That’s the essence of America. That is within everybody’s grasp. It doesn’t mean you’re not going to have some ups and downs. It doesn’t mean at some point you’re not going to experience tough times. But it does mean that the trajectory of people’s lives in this country -- if you work hard, you can make it. And that’s what made us special. That’s what made us the greatest nation on Earth. That’s what made us an economic superpower. (Applause.)

Now, when I ran in 2008, a lot of people, we came together -- not just Democrats, but Republicans and independents -- because we’re not Democrats or Republicans first, we’re Americans first. (Applause.) And we came together because we felt like that idea had been slipping away for too long. For almost a decade, people had been working harder but getting less. And then the worst financial crisis in our lifetimes hit, the worst economic crisis in our lifetimes hit, millions of people lost their jobs or lost their homes or lost their savings, and that made the dream that much harder to reach for.

But what I’ve learned over these last three and a half years is that even though the crisis put us through some very tough times, the American people are tougher. (Applause.) Folks may have gotten knocked down some, but they got back up. (Applause.) The crisis didn’t change who we are. It did not change our fundamental character as a people. It hasn’t changed our sense of purpose from 2008. Our mission right now, yes, is to put people back to work and, yes, to strengthen the housing market; but our purpose is also to rebuild our economy so that it lasts -- (applause) -- so that work pays off. An economy in which everybody, whether you are starting a business or punching a clock, you can have confidence that if you work hard you can get ahead. That’s our goal. That’s our central purpose. That’s what this campaign is about. That’s what I’ve been working on for the last three and a half years. That’s why I’m running for a second term as President of the United States of America. (Applause.)

AUDIENCE: Four more years! Four more years! Four more years!

THE PRESIDENT: Now, I want to say this --

AUDIENCE MEMBER: We love you, Mr. President! (Laughter.)

THE PRESIDENT: Because we’ve gone through tough times, I think there’s a tendency sometimes for some of the commentators to say, well, this time it’s really different, we’re losing our number-one status, and all this stuff. I don’t buy any of that. We’re still, by far, the greatest nation on Earth. (Applause.) And what’s holding us back from meeting our challenges --

AUDIENCE MEMBER: Congress. (Laughter.)

THE PRESIDENT: What’s holding us back from meeting our challenges is not a lack of big ideas, it’s not technical solutions. You name it, whatever it is -- education, housing, the deficit -- we have the solutions in front of us. What’s holding us back is we’ve got a stalemate in Washington that has more to do with -- than just two candidates for President or two political parties. It’s two fundamentally different visions about how we move this country forward.

This election is about breaking that stalemate. The outcome of this election will determine not just what happens next year or the year after that, but what happens for the next 20 years.

See, my opponent and his allies in Congress, they believe in a top-down economics. They believe that if we spend trillions of dollars on tax cuts -- mostly for the wealthy -- even if we have to pay for it by gutting education, or gutting job training programs, or gutting investments in basic research, or turning Medicare into a voucher system, or increasing middle-class taxes -- that if we do that, somehow all of you are going to benefit. That’s their idea. They also believe that if we roll back regulations on banks and insurance companies and credit card companies -- regulations that are meant to protect people and our economy -- that somehow everybody is going to be more secure. That’s their basic argument. They’ll spend a lot of time talking, but if you cut through all the stuff -- (laughter) -- what they’re really saying is tax cuts for the wealthy, roll back regulations. That’s essentially their plan.

Now, it is a plan. It’s a theory. It fits easily on a bumper sticker. (Laughter.) But here’s the problem: We tried it. We tried it for a decade before I took office. It did not work. (Applause.) We tried it, and we turned a surplus into a deficit. We tried it, and we had the most sluggish job growth in decades. We tried it, and your income and wages on average went down -- went down, even while the cost of health care and education and gas were all going up. And then it culminated in the worst financial crisis that we’re still cleaning up after.

So it’s not as if we haven’t tried their theory. It would be one thing if we hadn’t tried it. Then they could say, well, let's try this. And maybe everybody would say, all right, that's worth trying. But we did this, and it didn’t work.

We can't afford to go back to top-down economics. (Applause.) We need somebody who believes in a middle-out economics, a bottom-up economics, somebody who will fight for you and working people all across Virginia and all across America. That's why I'm running for a second term as President of the United States. (Applause.)

You know, when the American auto industry was about to go under, and my opponent was saying, "let Detroit go bankrupt," I made a bet on American workers, on American ingenuity, and we got management and workers to sit down and work things out. And right now, GM is number one again -- (applause) -- and the U.S. auto industry is back on top. (Applause.)

Well, let me tell you something. What can happen in the auto industry in Detroit, that can happen in manufacturing all across this country. (Applause.) In Richmond and in Raleigh, and in Pittsburgh and in Cleveland. Which is why I've said let's stop giving tax breaks to companies that are shipping jobs overseas, let's give tax breaks to companies that are investing right here in the United States of America, and investing in American workers, so we can make American products stamped with those three proud words: Made In America. (Applause.) That's how we build an economy that lasts. (Applause.) And that's why I'm running for a second term as President. (Applause.)

Mr. Romney has got a different idea. He invested in companies that have been called "pioneers" of outsourcing. (Laughter.) I don't want a pioneer in outsourcing. (Laughter.) I want some insourcing. (Applause.) I want to bring companies back. (Applause.) And part of that is making sure we change our tax code. Part of it is investing in basic science and research. We've always been at the cutting-edge of technology. We've got to keep that. We've got to maintain that.

And you know, four years ago I said I would end the war in Iraq. (Applause.) Because of our veterans, because of our outstanding men and women in uniform, we've been able to keep that promise. (Applause.) We're transitioning out of Afghanistan and starting to bring our troops home. (Applause.) So now my attitude is, after a decade of war, let's take half of those savings on war and let's use that to reduce our deficit. Let's use the other half to do some nation-building here at home. (Applause.) Let's put folks back to work rebuilding our roads and our bridges and our railroads and our schools, and putting broadband lines into rural communities all across America. (Applause.) That's how we build an economy that lasts. (Applause.)

That's also, by the way, how we take care of our veterans. Now that they're coming home they shouldn’t have to fight for a job after they fought for us. (Applause.) And they should get the benefits that they've earned. So we'll be fighting any kind of cutbacks on veteran services. We've got to take care of folks who took care of us. (Applause.)

I'm running to make sure that our kids get the best education in the world. (Applause.) I want to help our schools hire and reward the best teachers, especially math and science. I want to give 2 million more Americans the chance to go to community colleges and get trained for the jobs that folks are hiring for right now. (Applause.) I want colleges and universities to bring down tuition so young people aren't burdened with debt. (Applause.) Higher education isn’t a luxury; it is a necessity in this 21st century. (Applause.)

I want to make sure that middle-class families can refinance their homes, save $3,000 a year. (Applause.) That's good for you, but it's also good for businesses, because you'll spend that money.

I'm running because I believe we've got to keep going on the Affordable Care Act. It was the right thing to do to make sure that everybody has health care. (Applause.) The Supreme Court has spoken. It is the law of the land. We are going to implement it. (Applause.) And because we're implementing it, young people can stay on their parent's health insurance plans until they're 26 years old. (Applause.) And if you've got health insurance, the only thing that's going to happen is you've got more security and insurance companies can't jerk you around. (Applause.) And 30 million people, including those with preexisting conditions, can finally get health insurance. It was the right thing to do. We're not going backwards, we're going forwards. (Applause.)

I'm wrapping up. (Laughter.) Everybody is wet anyway, so it doesn’t matter. (Laughter.) It's too late -- those hairdos are all gone. (Laughter.)

AUDIENCE: Four more years! Four more years! Four more years!

THE PRESIDENT: Let me talk about one last thing, and that is the deficit and the debt. Because the other side, they'll say, well, you know, this is the most important issue. And what I've said is, you know what, along with putting people back to work, we do need to bring down our deficit and our debt. After a decade of irresponsibility, where I inherited a trillion-dollar deficit, I'm ready to roll up my sleeves and get to work. (Applause.) We've already cut a trillion dollars' worth of spending that we don't need.

I'm willing to do more, because not every program works. Government can't solve every problem. Government can't help somebody if they don't want to help themselves. It doesn’t matter how much money we put into schools if parents, you're not telling your kids they need to work hard in school. (Applause.) But I'm not willing to do is what my opponent proposes, which is pretend like you're lowering the deficit and then cut taxes for folks like me by $5 trillion on top of the Bush tax cuts, because we can't afford it.

What I've said to Congress is let's make sure that everybody who's making $250,000 a year or less, that your taxes don't go up. (Applause.) That's 98 percent of Americans. But let's ask folks like me who can afford it, the top 2 percent, to do a little bit more -- (applause) -- so that we can still help young people go to college, so that we don't turn Medicare into a voucher system, so that we're still investing in basic research, so that we can still build roads and help folks with the housing situation. (Applause.)

And by the way, we've tried that, too. A guy named Bill Clinton tried it, and we created 23 million new jobs. (Applause.) And we had surpluses instead of deficits. And by the way, rich people did just fine back then. (Laughter.)

Here's the thing I think the other side doesn’t understand. When working people do well everybody does well. (Applause.) That means businesses have more customers. That is how we grow an economy -- not by everybody just looking out for themselves, but by all of us coming together and working hard. (Applause.)

All these things, whether it's bringing manufacturing back, putting construction workers back to work, protecting health care, making sure our kids get the best education, caring for our veterans -- all these things that make up a middle-class life, they all tie together. They're all central to that idea that if you work hard you can get ahead. That's the promise that our parents and our grandparents and our great-grandparents made to future generations.

Some of them came here as immigrants; some came here not wanting to come. But when they got here, all of us -- whether they were working on farms or whether they were working in mines or working in a factory -- that idea that if I work hard now things will be better for my kids, that's what built this country.

And over the next four months, the other side is going to spend more money than we've ever seen in our lifetimes on a bunch of negative ads. And they're going to try to peddle this economic theory that everybody knows we tried and didn’t work. And since they know that's probably not going to sell, really what these ads are going to do is just say, the economy isn’t where it needs to be and it's Obama's fault. That's their message. They'll use all those scary voices in the ads and -- (laughter) -- but that's basically their message.

And that's a plan for maybe winning an election, but it's not a plan for creating jobs or helping the middle class. (Applause.) It's not an plan for rebuilding our economy.

And so I don't worry about the kind of money they're spending because what you taught me in 2008 -- same thing I learned in my first campaign -- was that when ordinary folks come together -- (applause) -- when they cut through all the nonsense, and they remember what makes this country great, they tap into those core American values, and they remember what's true about our lives -- when you come together, nothing can stop you. (Applause.) When you come together, change happens. (Applause.) When you come together, people get a fair shot, and everybody does their fair share and everybody plays by the same set of rules -- when you decide.

And that's the choice you have now in this election. So I have to tell you, when I ran in 2008, I tried to make sure that any promise I made I could keep. So I said I'd end the war in Iraq -- we ended the war. (Applause.) I said I'd keep your taxes down -- and I've lowered taxes for middle-class families, $3,600 on average. (Applause.) If somebody tells you I've raised their taxes, tell them that ain't right. (Laughter.) It's just not true.

But the main promise I made to you, I said I wasn’t a perfect man and I -- you can ask Michelle that -- (laughter) -- and I told you I wouldn’t be a perfect President. But I told you that I'd always tell you what I thought, I'd always tell you where I stood -- sometimes it wasn’t popular, but I'd tell you what I thought, what I believed. And I'd also wake up every single day fighting as hard as I knew how for you. (Applause.) To make your lives a little bit better. (Applause.)

And you know what, I've kept that promise. (Applause.) I've kept that promise. Because I see myself in you. When I see your grandparents, I see my grandparents. (Applause.) When I see my children, I see your children. We are in this together. We rise and fall as one nation. (Applause.) I still believe in you. And if you still believe in me, and you stand up with me, and make phone calls and knock on doors and get out there and organize with me -- (applause) -- we're going to finish what we started in 2008. (Applause.) We're going to win this election. We're going to win Virginia. (Applause.) We're going to put this country on the right track. And we'll remind the world just why it is that the American way is what is the envy of the world and we are the greatest nation on Earth. (Applause.)

God bless you, and God bless the United States of America. (Applause.)

END
12:44 P.M. EDT

The White House

Office of the Press Secretary

Remarks by the President at Campaign Event

Centreville High School, Clifton, Virginia

4:17 P.M. EDT


     THE PRESIDENT:  Hello, Virginia!  (Applause.)  All right!  Hello, Wildcats!  (Applause.)  

     A couple people I want to just acknowledge -- first of all, didn’t Stratton do a great job on the introduction?  Give him a big round of applause.  (Applause.)  You've got one of the finest members of Congress that we've got -- Gerry Connolly in the house.  (Applause.)  And our candidate for the 10th Congressional District -- Kristin Cabral is here.  (Applause.)  And I want to thank Martin Grimm, the principal of Centreville High.  (Applause.)

     I just talked to Martin and I asked him, how long you been principal?  He said, five days.  (Laughter.)  So I said, good luck.  (Laughter.)  I'm sure he is going to do a great job.

     And I had a chance to meet some of the Student Body Council here at Centreville, and they could not be more impressive.  So, parents, you should know your kids are turning out outstanding.  We are proud of them.  (Applause.) 

     Now, I have to say this is my last political campaign.

AUDIENCE:  Awww --

THE PRESIDENT:  No, it's a good thing.  Michelle at least thinks it's a good thing.  (Laughter.)  I'm term-limited.

AUDIENCE MEMBER:  I love you!

THE PRESIDENT:  I love you back.  (Applause.)  There she is.

So this is my last political campaign, and it got me a little nostalgic.  So I started thinking about some of my early campaigns -- when I was running as a state senator, when I was running for U.S. senator back in my home state of Illinois.  (Applause.)  Some Illinoisans in the house.  (Applause.) 

And Illinois is a lot like Virginia because it's incredibly diverse.  You've got big cities, you've got small towns.  There are farming communities, there are suburban communities.  Folks from every walk of life -- black, white, Latino, Asian, Native American, you name it.  And as I was traveling around in those first campaigns -- now, back then I was doing my own driving and there was no MapQuest, so you had to get the old maps -- (laughter) -- that you couldn't figure out how to fold back, and I'd get lost all the time.  (Laughter.)  And sometimes I'd get to an event and I'd have to find a parking spot, and that would take a while and I'd be coming in late. 

But what inspired me so much in that first race was the fact that no matter where I went, there was a certain common thread, a certain common theme, a certain set of stories that were consistent in every community.  And those stories reminded me of my own family story.  So I'd meet an elderly veteran, and I think back to my grandparents.  My grandfather fought in World War II, and while he was away, my grandmother, in addition to looking after my mom who had just been born, also worked on a bomber assembly line.  And when my grandfather came back, he was able to go to college because of the GI Bill -- (applause) -- and they were able to afford their first home through an FHA loan. 

     And sometimes I'd travel and I’d meet a single mom and that would remind me of my mother, who had to raise me and my sister pretty much on her own, with the help of my grandparents, because my father had left.  She didn’t have a lot of money, but she was able to work and go to school at the same time, and help other people through her work, and then ultimately give me and my sister the best education this world has to offer.  (Applause.)

     And then sometimes I'd be talking to some working folks and I’d think about Michelle’s family.  Her dad was a blue-collar worker -- he worked at the water filtration plant in Chicago.  And he had MS, so by the time I met him, he could barely walk.  He had to use two canes.  And he had to wake up an hour earlier than everybody else to get to the job.  It took him that long to get dressed and get ready.  But he never missed a day of work.  And Michelle’s mom, after staying at home for a while, she worked as a secretary.  And they lived in a small apartment above a house that somebody else owned.  But somehow they were able to give Michelle and her brother this incredible education so they could achieve dreams that they wouldn’t have even imagined. 

And so the point is that during this campaign, during all the campaigns I've run, what I've always been moved by, what's always inspired me is that at the center of our stories is this basic American idea, this core American Dream, that says, in this country, like no other, if you are willing to work hard, you can make it if you try.  (Applause.)  If you're willing to meet your responsibilities to not only yourself and your family, but to your community and your country, you can enjoy the security of a middle-class life. 

And that's not a matter of how much is in your bank account. It means that you can find a job that supports a family.  It means that you can get a home to call your own.  It means you're not bankrupt when you get sick.  It means maybe you can take a vacation once in a while -- nothing fancy, but you have the chance to spend time with your family and enjoy their company.  It means that you can send your kids to a good school, and if they're willing to work hard, they can get a great education and go on as far as their dreams take them.  (Applause.)  And it means that you can retire with some dignity and some respect.  (Applause.) 

It's that basic bargain that makes this country great.  It's that basic bargain that built the economic superpower that we are today.  It's that basic bargain that made us the envy of the world.  And what I think we all understood back in 2008 was that for almost a decade that dream felt like it was slipping away.  For too many people, harder work didn’t result in higher incomes or higher wages.  For too many people, they saw their costs of health care or college or gas or groceries going up and up and up, while basically what they were bringing in stayed stagnant or even went down. 

     And so we came together -- not just Democrats, but Republicans and independents, too -- because we’re not Democrats of Republicans first, we’re Americans first.  (Applause.)  So we came together to fight for that American idea.  We understood that we had to bring about a change, because we understood that the economy works in this country when it works for everybody, not just for the few.  (Applause.)  But, look, we knew that turning this thing around wasn’t going to be easy.  The challenges we faced, the roadblocks, the barriers for middle-class families, they hadn’t arisen overnight, they weren’t going to be solved overnight.  We knew that it was going to take probably more than one year or one term, or maybe even one President.  But we were willing to try.  We wanted to get started.

     And so what we didn’t understand, though, was some of the problems had been building up so much that we’d end up seeing the worst financial crisis since the Great Depression.  And that crisis has resulted in millions of people losing their jobs and home values declining and folks having a tough time.  And for the last three and a half years we have fought back -- to create 4.4 million new jobs, and 500,000 new manufacturing jobs.  (Applause.)  To start righting the ship so we can start moving in the right direction.

     But we’ve got so much more work to do.  Here’s the good news:  For all these tough times, the American people are tougher.  People may have gotten knocked down, but they’ve gotten back up.  What has not changed since 2008 is the character of this country, the character of its people.  (Applause.) 

And so our mission now is the same mission that we had in 2008.  Yes, it’s to get people back to work right away and to solve some of these housing problems right away, but it’s also, how do we build an economy that lasts and works for everybody?  How do we build an economy where hard work pays off -- whether you’re starting a business or punching a clock, you know that if you put in the effort, you’ll get ahead?  (Applause.)

     That’s what this campaign is about.  That’s what my presidency has been about.  We’ve got more work to do.  And that’s why I’m running for a second term as President of the United States of America.  (Applause.) 

     AUDIENCE:  Four more years!  Four more years!  Four more years!  (Applause.)

     THE PRESIDENT:  Now, let me say this.  It’s popular sometimes among some pundits to say -- or commentators to say, well, maybe America’s best days are behind us.  I don’t believe that.

     AUDIENCE:  No!

     THE PRESIDENT:  We remain the most powerful country on Earth by far.  We’ve got all the ingredients to make the 21st century the American Century just like the 20th century.  The problem we have is not a lack of solutions, it’s not good ideas.  The problem we have right now is we’ve got a stalemate in Washington. (Applause.)  And this stalemate is not just a difference between two candidates, or even two political parties; it is a -- it represents two fundamentally different ideas about how we move this country forward. 

     My opponent and his congressional allies, they believe in what I call top-down economics. 

     AUDIENCE:  Booo --

     THE PRESIDENT:  Their basic view is that if we cut taxes trillions of dollars, mostly for those at the very top -- even if it means cutting education funding, even if it means cutting basic research, even if it means underfunding our infrastructure, and even if it means making Medicare a voucher system -- that somehow that’s going to be good for everybody. 

     AUDIENCE:  Booo --

     THE PRESIDENT:  So that’s one big part of their idea, is you cut taxes for folks at the top.  Their second big idea is if you eliminate regulations on oil companies or insurance companies or credit card companies or polluters, that somehow that will free up the engine of growth.  So those are basically their two -- those are the only two ideas they have.  Don’t take my word for it.  Go on their websites.  (Laughter.)  Look at the Republican budget in the House of Representatives.  That’s their basic approach.  They believe that somehow all these benefits are going to trickle down if we just implement their plan.

     Now, there’s nothing wrong with having an idea, a theory, and testing it out.  Here’s the thing:  We tested it out for almost a decade.  We’ve tried this before.  (Applause.)  And guess what, Virginia, it did not work.  (Applause.)  We tried almost exactly what they are proposing, and here are the results: We went from surpluses to deficits.  We had the most sluggish job growth in decades.  The average income of middle-class families actually went down.  And it culminated in this mess that we are still digging ourselves out from under. 

     Now, normally, in your own lives, if you do something over and over again and it doesn’t work -- (laughter) -- at some point you decide, let’s try something new.  (Applause.)  So we don’t need more top-down economics.  I believe in a middle-out economics, a bottom-up economics.  I believe that when hardworking Americans are doing well, everybody does well.  (Applause.)  That’s been our history.  That’s been the evidence. That’s why I ran for President -- to fight on behalf of the middle class and those who are striving to get in to the middle class.  And that’s why I’m running again for President of the United States.  (Applause.)

     THE PRESIDENT:  So let’s just take a few examples of the contrast between their approach and what I’m proposing.  When the auto industry was on the brink of collapse, my opponent said, let’s let Detroit go bankrupt.

     AUDIENCE:  Booo --

     THE PRESIDENT:  I said, let’s bet on American workers and American ingenuity.  (Applause.)  And you know what, GM is number one again.  Chrysler is selling cars again.  Ford is on the move. The U.S. auto industry has come roaring back.  (Applause.) 

And what happened in the auto industry I want to see happen in manufacturing all across this country -- right here in Virginia.  (Applause.)  We’ve invested in advanced manufacturing because we want to beat out countries like Germany and China.  I want the great inventions to be done here, and I want great new products created here -- which is why -- and this is another contrast -- whereas my opponent, in his private business, was investing in companies that The Washington Post calls “pioneers" of outsourcing, I believe in insourcing.  (Applause.)  I want to stop giving tax breaks to companies that are shipping jobs overseas.  Let’s give those tax breaks that are investing right here in Virginia -- (applause) -- right here in the United States of America, hiring American workers to make American products to sell around the world.  That’s why I’m running for President of the United States.  (Applause.)

     I’m running because, after a decade of war, I said we were going to end the war in Iraq -- and we did.  (Applause.)  Thanks to the incredible efforts of our brave men and women in uniform, thanks to our veterans and their sacrifices -- (applause) -- we’ve been able to decimate al Qaeda’s leadership; bin Laden is no more.  (Applause.)  We’re transitioning out of Afghanistan.  And so, after a decade of war, I think it’s a good time for us to take half the money that we save, that used to be spent on war, to pay down our deficit, and let’s take the other half and rebuild America -- do some nation-building here at home.  (Applause.) 

Let’s rebuild our infrastructure.  Let’s rebuild our roads and our bridges -- Northern Virginia knows a little bit about traffic.  (Laughter.)  Let’s build broadband lines and high speed rail.  (Applause.)  Let’s expand our ports and improve our airports.  That's what’s going to keep us at the cutting-edge of a 21st century economy.  And we’ve got tens of thousands of construction workers ready to be put back to work.  Why wouldn’t we do some nation-building here at home?  Now, this is a disagreement I’ve got with the guy who’s leading the other party.  That’s the choice that we’ve got to make. 

I’m running to make sure that the United States has the best education system in the world.  (Applause.)  I want to hire new, outstanding teachers, especially in math and science.  (Applause.)  We’ve already done work to make college more affordable by making sure that your student loan rates didn't double -- those students who are here -- (applause) -- by providing tuition tax credits that have saved millions of families thousands of dollars, by expanding the Pell Grant.  But now I want to actually reduce the cost of college so young people aren’t coming out with thousands of dollars worth of debt.  (Applause.)

     I want to give 2 million more Americans the chance to attend community colleges and get the technical training they need to get the jobs that are being created right now here in Virginia and around America.  (Applause.)  Because in the 21st century, a higher education -- I don't care whether it’s a two-year, or a four-year, or a post-doc, or whatever it is, an advanced degree beyond high school, that's not a luxury, that's an economic necessity.  That's what our young people deserve.  That's what I intend to give them.  That's why I’m running for President of the United States.  (Applause.)

     I’m running to continue to strengthen our housing market, which has been one of the biggest drags on our economy.  So I told Congress let’s create an opportunity where every American can refinance their homes and take advantage of historically low rates.  It would save the average family $3,000 a year.  (Applause.)  My opponent’s plan is to let the foreclosures play themselves out and let the market hit bottom.

     AUDIENCE:  Booo --

     THE PRESIDENT:  That's not a plan.  That's not a solution.  That's a problem. 

     AUDIENCE:  Yes!

     THE PRESIDENT:  But that's a difference in our approaches.  Mr. Romney thinks that I made a bad decision by repealing "don't ask, don't tell.”  I think you should be able to fight for your country regardless of whom you love.  (Applause.)

     My opponent wants to restrict the health care options for women.  I believe women should make their own health care choices.  (Applause.)

     My opponent believes that we should have our immigrants in this country -- if they were kids and were brought here through no fault of their own, and are Americans in every respect except a piece of paper -- that somehow we shouldn’t show them the kind of compassion that we would show our own kids.  I disagree.  I think we should have comprehensive immigration reform -- (applause) -- because we’re a nation of immigrants and a nation of laws, and we can have tough border security and improve our immigration system, but when I look out at what’s happening in Virginia, our immigration is a strength not a weakness.  (Applause.)  That's a difference.

     Mr. Romney wants to repeal the Affordable Care Act.

     AUDIENCE:  Booo --

     THE PRESIDENT:  Let me just say that I passed this bill because it was the right thing to do.  The Supreme Court has spoken.  (Applause.)  We are implementing this law.  If you’ve got health insurance the only thing that happens for you is that you’ve got more security because insurance companies can't jerk you around and use fine print to somehow restrict your care.

     If you’re a young person, you can stay on your parent's plan up until you're 26 years old.  (Applause.)  Seniors are seeing lower costs for their prescription drugs.  Women are getting free preventive care for things like cervical cancer.  (Applause.) 

If you don't have health insurance, we’re going to help you get it.  (Applause.)  And if you can afford health insurance and you don't buy it, we’re not going to let you pass those costs on to other people.  (Applause.)

     So the Affordable Care Act was the right thing to do.  Health care was the right thing to do.  We’re not going backwards, we’re going forward.  That's a difference in this election.  (Applause.)

     Now, let me talk about one more big contrast in this election, and that is how do we deal with our deficit and our debt.  The other side says this is our most important problem; we’ve got to look out for future generations.  Well, let’s look at what they’ve actually proposed.  They're proposing, on top of continuing all the Bush tax cuts even for the wealthiest Americans, to also then have another $5 trillion in tax cuts, 80 percent of which would go to the wealthiest Americans.

     AUDIENCE:  Booo --

     THE PRESIDENT:  No, I mean, this is on their website.  Their proposal is in Congress right now.  And the only way to pay for this would be to gut our investments in transportation, education, basic research in things like Alzheimer’s and cancer, voucherize the Medicare system.  And they will not ask for a single dime of additional revenue from those who can afford to pay it.  I think that's -- that's not a recipe for economic growth. 

So what I’ve said is, look, middle-class families, folks who are making $250,000 or less, 98 percent of Americans, you shouldn’t see your taxes go up one dime.  (Applause.)  You don't need to.  Your income taxes should stay constant.  And I’ve said to Congress let’s go ahead and get that done now.  Let’s give 98 percent of folks certainty right now.  By the way, 97 percent of small businesses earn less than $250,000, so the vast majority of people would get immediate relief. 

Let’s cut programs that don't work.  I’ve already made a trillion dollars worth of cuts.  Not every government program works.  Government can't always solve every problem.  Government can't help folks who don't want to help themselves.  Our education system won’t improve just because of more money.  It also involves parents instilling a love of learning in their children.  (Applause.)  But there’s no reason why we can't make the investments -- we probably had somebody who fainted.  That happens sometimes when -- you guys got to stay hydrated.  We’ll get a paramedic in there.  They’ll be all right.  Just give them space.  They’ll be okay.  They’ll be okay.  Yes, they’ll be fine.

So the thing that we’ve got to make sure of, though, is that we continue to make the investments we need to grow the economy, and we can bring down our deficit, get control of our debt by asking folks like me to do a little bit more. 

Now, let me just say this.  Just like we’ve tried their plan, we’ve tried what I’m talking about, too.  A guy named Bill Clinton did it.  (Applause.)  And we ended up having record surpluses, 23 million new jobs, and the folks at the top did really well also -- because when the middle class and working people are doing well, everybody does well.  Small businesses do well.  Big businesses do well.  Millionaires do well.  Billionaires do well.  (Applause.)  Everybody does well when the economy is growing in a way where everybody prospers. 

And so we’ve got this fundamental choice in this election, and the question is how bad are we going to work for our vision. Because this is going to be a close election, Virginia.  I want everybody to understand this.  Look, it was close the last time; it will be even closer this time.  It will be even closer this time.  And we are seeing more money spent on negative ads than ever before, folks just writing $10 million checks because of this Citizens United opinion -- undisclosed donations.

AUDIENCE:  Booo --

THE PRESIDENT:  And so you are going to be inundated every single day.  You’re already seeing it.  And they're all going to have a scary voice.  (Laughter.)  And the ads, they’ve got a very simple message, which is, you know what, the economy is not where it needs to be, and it’s Obama’s fault.  That's their only message.  They’ll have variations on the theme, but it’s the same theme. 

Now, I might be worried about that if it wasn’t for the fact that you taught me something in 2008.  What you taught me was that the American people when they get together, when they are determined, when they cut through all the nonsense, and they say, this is what matters, this is what’s right, this is what’s true
-- when you tap into those stories of our parents and our grandparents and our great grandparents, folks who may have come here as immigrants, maybe were brought here on slave ships, folks who came here but understood that there was something about this country where we don't have to settle for what is today, we can dream of what might be -- (applause) -- we’re going to fight.  We’re going to struggle.  We’re going to push together to build the kind of perfect union that the founders talked about.  (Applause.)  When you decide that we’re going to move forward, we move forward.  (Applause.)

AUDIENCE:  Four more years!  Four more years!  Four more years!

THE PRESIDENT:  So, Virginia, if you believe, as I do, in an economy where everybody gets a fair shot and everybody does their fair share and everybody has the same set -- playing by the same set of rules, if you believe, as I believe, that we’re in this together, that for all our individual initiative and all our self-reliance, there are some things we do best together, that that's how we educated a generation on the GI Bill, that's how we built the Hoover Dam and the Golden Gate Bridge, that's how we sent a man to the moon, that's how we invented the Internet -- if you believe that we rise or fall together as one people, then I’m confident we’re going to win.  (Applause.)  I’m confident we will be successful.

And I want to remind you, back in 2008 I tried to keep my promises to ones that I could keep.  I said I’d end the war in Iraq -- I ended the war in Iraq.  (Applause.)  I said that I’d make sure middle-class families weren’t getting hit by higher taxes -- your taxes have gone down an average of $3,600.  (Applause.)  But my most important promise was telling you that I wasn’t a perfect man -- Michelle could have told you that -- (laughter)  -- that I wasn’t a perfect President, but that I’d always tell you where I stood, I’d always tell you what I thought, and I would spend every single waking moment as President fighting as hard as I knew how for you.  (Applause.)

Because I saw myself in you -- (applause) -- because when I see your grandparents, I see my grandparents.  (Applause.)  When I see your children, I see my children.   (Applause.)  Because I have faith and confidence in you, the American people. 

I have kept that promise.  (Applause.)  I believe in you.  And if you still believe me, and you’re willing to stand up and fight for it, we’ll finish what we started in 2008, and remind the world by the United States of America is the greatest nation on Earth.  (Applause.)

God bless you and God bless the United States of America.  (Applause.)

              END                4:55 P.M. EDT

Weekly Address: It’s Time for Congress to Pass the Middle Class Tax Cut Extension

President Obama calls on Congress to act now to extend tax cuts for the 98 percent of Americans making less than $250,000 for another year. 

Transcript | Download mp4 | Download mp3

Related Topics: Economy

Weekly Address: It’s Time for Congress to Pass the Middle Class Tax Cut Extension

July 14, 2012 | 4:00 | Public Domain

President Obama calls on Congress to act now to extend tax cuts for the 98 percent of Americans making less than $250,000 for another year.

Download mp4 (313MB) | mp3 (9MB)

Read the Transcript

WEEKLY ADDRESS: It’s Time for Congress to Pass the Middle Class Tax Cut Extension

WASHINGTON, DC— In this week’s address, President Obama called on Congress to act now to extend tax cuts for the 98% of Americans making less than $250,000 for another year.  If Congress fails to act, taxes will go up on January 1st and will be a blow to millions of middle class families and to our economy.  Both parties agree on extending the tax cuts for the middle class, and the President believes it’s time for Congress to act so that we can give the middle class and our small businesses the certainty they need as we work to create an economy that is built to last.

The audio of the address and video of the address will be available online at www.whitehouse.gov at 6:00 a.m. ET, Saturday, July 14, 2012.

Remarks of President Barack Obama
Weekly Address
The White House
July 14, 2012

Over the past couple weeks I’ve been talking with folks across the country about how we’re going to rebuild an economy where if you work hard, you and your family can get ahead.

And right now, there’s a big debate going on in Washington over two fundamentally different paths we can take as a country to do that. 

One path – pushed by Republicans in Congress and their nominee for President – says that the best way to create prosperity is to let it trickle down from the top.  They believe that if we spend trillions more on tax cuts for the wealthy, it’ll somehow create jobs – even if we have to pay for it by gutting education and training and by raising middle-class taxes.

I think they’re wrong.  We already tried it that way for most of the last decade, and it didn’t work.  We’re still paying for trillions of dollars in tax cuts that benefitted the wealthiest Americans more than anyone else; tax cuts that didn’t lead to the rise in wages and middle class jobs that we were promised; and that helped take us from record surpluses to record deficits.

The last thing we need right now is more top-down economics.  What we need are policies that will grow and strengthen the middle class; that will help create jobs, make education and training more affordable, and encourage businesses to start up and stay right here in the United States. 

Soon, we’ll face a choice between these two different approaches.  On January 1st, taxes are set to go up for tens of millions of Americans.  I think that would be a huge financial hit for middle-class families.  That’s why I’ve cut middle-class taxes every year that I’ve been President – by $3,600 for the typical family.  And that’s why, this week, I called on Congress to immediately stop the January 1st tax hike from hitting any American on the first $250,000 of their income.  

Under my plan, 98% of American families won’t see their income taxes go up at all.  But the other 2% of Americans will have to pay a little more in taxes on anything they make over $250,000.  In other words, the wealthiest few Americans will go back to the income tax rates they were paying under Bill Clinton.  And if you remember, that was when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and millionaires were doing pretty well. 

The folks in Congress and on the campaign trail who oppose this plan warn that it would somehow hurt small businesses and job creators.  Well, they’re completely ignoring the facts. 

Under my plan, 97% of small business owners would avoid getting hit with any income tax hike whatsoever.  In fact, I’ve cut taxes for small businesses eighteen times since I’ve been President.  And just this week, I ordered a series of new steps to help our small businesses grow and hire. 

The only place we disagree is whether we keep giving tax cuts to the wealthiest 2% of Americans.  Republicans in Washington want more of those tax cuts.  With the deficit we have, I don’t think we can afford them. 

But even if we disagree on the tax cuts for the wealthiest Americans, we all agree that no American should pay more taxes on the first $250,000 of their income.  So let’s at least agree to do what we all agree on.  That’s what compromise is all about.  Let’s not hold the vast majority of Americans and our entire economy hostage while we debate the merits of another tax cut for the wealthy.  Let’s skip the unnecessary drama, the needless delays and all the partisan posturing and let’s just do the right thing for the people who sent us here to serve. 

And I’m going to keep fighting to make sure we rebuild an economy that rewards work, grows the middle class, and gives new opportunity to those trying to earn their way into the middle class.

Thanks, and have a great weekend.  

###

Close Transcript

The White House

Office of the Press Secretary

Remarks by the President at Campaign Event in Virginia Beach, VA

Green Run High School
Virginia Beach, Virginia

1:05 P.M. EDT

THE PRESIDENT:  Hello, Virginia Beach!  (Applause.)  Thank you!  It is good to be back in Virginia!  (Applause.)

A couple of people I want to acknowledge.  First of all, please give Ricki a big round of applause.  (Applause.)  We are so proud of her, not just for introducing me -- that's not that big a deal -- (laughter) -- but her serving her country, first in uniform herself and then as a military spouse.  She is an example of what is best about America, and we could not be prouder of her. (Applause.)

A couple other people I want to acknowledge.  First of all, your outstanding former governor and soon to be United States senator, Tim Kaine.  (Applause.)  Your outstanding former governor and already senator, Mark Warner.  (Applause.)  We've got your Second Congressional District candidate, Paul Hirschbiel is here.  (Applause.) 

And I want to give a special acknowledgement to somebody who's not here but who we will always remember.  She was a true trailblazer, not just here in Virginia but across the country, and did so much for so many.  So we are truly blessed to have known and we profoundly miss State Senator Yvonne Miller --  (applause) -- who is now in a better place.  (Applause.)  And our thoughts and prayers go out to her family.  Her two brothers were here -- I had a chance to meet them -- and we're so proud of them.

AUDIENCE MEMBER:  We love you!

THE PRESIDENT:  I love you back.  (Applause.)

Now, some of you may have noticed that we are in campaign season.  (Applause.)  I know that's surprising to many of you.  (Laughter.)  I don't suppose you've seen any advertising on TV.  (Laughter.)  You know, we are seeing more money spent than any time in American history -- a lot of it undisclosed, coming from folks who can write $10 million checks.  Most of the ads are negative -- in fact, almost all of the ads are negative.  And it's understandable that as you watch these TV ads that you start thinking that politics just doesn’t seem to get what's going on in your lives, that there's so much negativity and so much cynicism.  And it's understandable if at a certain point people just say, you know what, there's a disconnect here, this is not speaking to me, it's not speaking to what's going on in my neighborhood, my community. 

But I just want to remind everybody that in 2008, there were a lot of folks who didn’t believe either in the possibilities of change.  There were folks that counted us out, people who were sure that a guy named Barack Obama could not be elected President.  (Laughter.)  And so the reason we came together was not because we thought it was a sure thing; it was because we shared a set of values.  (Applause.)  We believed in the basic bargain that has been the bedrock of this nation for well over 200 years. 

And I was thinking as I was about to come out about this, which will be my last campaign --

AUDIENCE:  Nooo --

THE PRESIDENT:  No, no, I mean, there’s a term-limit thing in the presidency.  This isn’t like Congress -- I can’t just keep on running.  (Laughter and applause.)

AUDIENCE:  Four more years!  Four more years!
 
THE PRESIDENT:  But it made me think about my first campaigns, my earliest campaigns, and the reason I got into politics in the first place.  Some of you know my grandparents were part of that World War II, Great Depression generation.  And my grandfather fought in Patton’s Army and my grandmother worked on a bomber assembly line.  And when my grandfather came back -- at that point my mom had been born -- he was able to go to college because of the GI Bill.  And they were able to buy their first home with some help from the FHA. 

And then my mother -- she was a single mom -- my dad left before I even remembered him.  But she was still able to give me and my sister this unbelievable education -- (applause) -- because of scholarships and grants, and the fact that she was willing to work hard so that she could work and go to school at the same time and raise two kids. 

And then I think about Michelle’s family.  Her dad, he was a blue-collar worker, worked at the water filtration plant in Chicago.  And even though he had MS -- by the time I met him, he couldn’t really walk.  He had to use two canes.  And he’d have to wake up an hour early, earlier than everybody else, to get to work -- just to put on his clothes and get ready for work. But he never missed a day’s work. 

And Michelle’s mom, she stayed at home and looked after Michelle and her brother until they got older, and then worked as a secretary most of her life.  And yet, despite these modest beginnings, Michelle and her brother Craig could go to the best schools on Earth, and rise up to do extraordinary things.

So in my first campaign, when I thought about why am I getting into politics, the reason was because we -- my family, Michelle’s family -- we had benefited from this basic American bargain.  (Applause.)  This idea, at the heart of this nation, that if you’re willing to work hard, if you are willing to take responsibility, then you are not constrained by the circumstances of your birth.  You can go as far as your dreams can take you.  (Applause.)  If you’re willing to work hard, then you can find a job that supports a family -- (applause) -- and you can have a home to call your own.  And you won’t be bankrupt when you get sick.  (Applause.)  And even if you weren’t born into wealth, you can make sure your kids get a great education and go on to college.  (Applause.)  Maybe you can take a vacation once in a while. 

I was up in Ohio talking about my favorite vacation.  When I was 11 years old, my grandmother, my mother, my sister and me, we traveled the country -- but we didn’t go on jets.  (Laughter.) We took Greyhound and the train, and I think twice we rented a car.  And we’d stay at Howard Johnsons.  And if there was a pool somewhere, no matter -- it could look like a puddle it could be so small -- (laughter) -- I was so excited.  And you’d go to the ice machine and the vending machine -- I was 11 years old; that was a big deal filling up that bucket of ice and getting that soda.  (Laughter.) 

And the point was that your vacation didn’t have to be fancy.  It just gave you a sense of how you could spend time with each other.  That was part of that American Dream.  And then the notion that you could retire with dignity and respect after a lifetime of work.  (Applause.) 

That’s the idea that got me into politics -- because my feeling was, given how much this country had given me and given Michelle, I wanted to make sure that that same bargain held for the next generation -- (applause) -- that it wasn’t just about me, it was about making sure that every American had those same opportunities. 

And the interesting thing is, when I first started running for the U.S. Senate, let’s say, in Illinois, and I’d be driving around and we’d go to downstate Illinois and small farm towns, or sometimes we’d be in the big cities like Chicago -- no matter who you met, they had those same stories in their background.  Black, white, Latino, Asian -- it didn’t matter -- they remembered their parents or their grandparents or great-grandparents -- some of them immigrants, some of them brought here not by choice, but each successive generation believing that this union could be perfected, and that if they really worked hard and were able to overcome whatever barriers in their way, that they could succeed.

So I ran in 2008 because I felt that that bargain wasn’t reaching enough people.  And the reason so many of you supported me in 2008 was because you understood that that dream was slipping away for too many people.

AUDIENCE:  Yes!

THE PRESIDENT:  That we had gone through a decade in which wages and incomes weren’t going up no matter how hard you worked, while the costs of everything from college to health care to groceries to gas kept on going up; and people worrying that maybe their kids might not do as well as they did, when the idea was always that your kids do better than you do.

AUDIENCE:  Yes!

THE PRESIDENT:  And so that's what brought us together.  The campaign in 2008 was not about a single candidate.  It wasn’t about me.  It was about us --  (applause) -- and our desire to make sure that the American Dream continues for the next generation and the generation after that and the generation after that.   (Applause.)

Now, what we didn't realize at the time was we were about to confront the worst financial crisis since the Great Depression -- millions of people thrown out of work, folks losing the value of their homes.  And so in some ways that dream seemed even further away.  But, you know, we’ve worked hard over the last three and a half years to try to restore that belief that in this country you can make it if you try.  (Applause.)

And that's how we were able to save an auto industry when some said let’s "let Detroit go bankrupt."  (Applause.)  We said we’re going to be on American workers and American industry.  And now GM is back on top, and Ford and Chrysler are selling cars -- because we believe in that American promise.  (Applause.)  Business started getting back to basics and we’ve now created more than 4.4 million new jobs, more than 500,000 manufacturing jobs created during this time.  (Applause.)

We've seen all across the country folks who got laid off retrained, go back to a community college and be able to find a new job in a new industry; small businesses struggling, sometimes keeping their doors open even though they’re not taking a salary, because they know their employees depend on them, and their families depend on them. 

It’s turned out that America is tougher than any tough times.  (Applause.)  But what we also understand is we’ve still got more work to do -- because, Virginia, the reason I ran and the reason you supported me wasn’t just to get back to where we were in 2007; the reason we came together was to restore that promise for middle-class families and all who are striving to get into the middle class.  (Applause.)  That’s what we’re fighting for.  And we’ve got a lot more work to do on that front. 

AUDIENCE:  Four more years!  Four more years!

THE PRESIDENT:  Now, I’ve got to tell you -- this election in some ways is going to be more important than 2008, because after three and a half years of not getting much help from the other side --

AUDIENCE:  Booo --

THE PRESIDENT:  -- I think what’s fair to say is, is that we now have a stalemate in Washington.  Solving our problems, making sure that good jobs are created here in the United States, making sure that those good jobs pay and have basic benefits, making sure that we’re bringing down our deficit in a responsible way, making sure that we maintain cutting-edge industries here in the United States, making sure we’ve got the best education system possible -- we know how to do those things.  What’s holding us back is not an absence of new ideas; it’s not a lack of solutions.  It’s the fact that there are two fundamentally different visions about how we move this country forward.

And so this election is about more than just two candidates or two political parties, Virginia.  This is about which direction we take this nation.

AUDIENCE:  Yes!

THE PRESIDENT:  Now, the other side -- Mr. Romney and his allies in Congress -- they’ve got a very particular idea about how we move this country forward.  And it basically involves taking the country back.

AUDIENCE:  No!

THE PRESIDENT:  Their economic idea, you can summarize it really easily.  They basically want to give $5 trillion in new tax cuts, mostly for the wealthy, on top of the Bush tax cuts even if it means gutting investments in education, even if it means gutting investments in basic research, even if it means that we’re not rebuilding America’s infrastructure, even if it starts cutting into benefits that we’re providing to our veterans.  The basic idea is that if you help folks at the top, at the very top, and if you eliminate regulations that we’ve put in place to make sure banks can’t just do whatever they want, or consumers aren’t cheated by their credit card companies, or insurance companies can’t take advantage of their customers -- eliminate those regulations, cut taxes at the very top, that somehow, all those benefits are going to trickle down on you --

AUDIENCE:  No!

THE PRESIDENT:  -- that the economy is going to improve and you are going to benefit. 

Now, I have to tell you, I think they’re wrong.  (Applause.) And the reason I think they’re wrong, Virginia, is because we tried it.  We tried it for most of the last decade.  And what were the results?  We ended up turning record surpluses into record deficits.  Wages, incomes stagnated.  Job growth sluggish. And it culminated in the worst financial crisis that we’ve seen since the 1930s.

Now, if you try something and it doesn’t work, why would you try it again?  (Applause.)  Why would we want to go back to that? (Applause.)

I’ve got a different idea.  I don’t think top-down economics works.  I believe that we grow this economy from the middle out. (Applause.)  From the bottom up.  I believe the heart and soul of this country is making sure that working people can feel some security in the middle class and we’re growing our middle class, and we’re going back to that basic American bargain that says everybody gets a fair shot and everybody does their fair share, and everybody is playing by the same set of rules.  (Applause.)  That’s what I believe, and that’s why I’m running for a second term as President of the United States of America.  (Applause.) 

AUDIENCE:  Four more years!  Four more years!  Four more years!  Four more years!

THE PRESIDENT:  Now, if you want a specific example of the differences between my approach, my vision -- our vision -- and the other side’s version, let’s look at the debate we’re having about taxes right now.

I have cut taxes for middle-class families by an average of $3,900 since I’ve been in office.  (Applause.)  Because my attitude was working people were the ones who were hurt most severely by the crisis and, by the way, if they got a tax break, they were most likely to spend that money for necessities and put it back into circulation, and that would do the most for the economy.

So just in case some of your friends or neighbors, or Uncle Jim, who’s a little stubborn and been watching FOX News -- (laughter) -- and he thinks that somehow I raised taxes -- let’s just be clear:  We’ve lowered taxes for middle-class families since I came into office.  (Applause.)

Now, what I’ve said is that the way the law is set up right now, if we do nothing, on January 1st, everybody’s taxes go up.  Everybody’s income taxes go up on January 1st if Congress does nothing.  So what I’ve said is now is not the time to raise taxes on the middle class.  The economy is still fragile.  We’re still digging ourselves out of this hole.  So let’s provide certainty to 98 percent of Americans:  98 percent of Americans make $250,000 a year or less; let’s say to that 98 percent, your taxes will not go up.  (Applause.)

And, by the way, this is the first $250,000 of income -- which means that even millionaires would get a little tax break because for their first $250,000 their taxes wouldn’t go up. 

The Republicans say they agree that middle-class taxes should not go up.  That’s my belief.  So what I’ve said is we both agree that middle-class taxes shouldn’t go up, let’s go ahead and get this done tomorrow.  (Applause.)  Let’s get this done next week.  What’s the holdup?  (Applause.) 

Well, it turns out that the holdup is we’ve got a disagreement on the top 2 percent.  The top 2 percent, folks like me, we don’t need a tax break.  And it turns out if you give us a tax break along with the 98 percent, that costs about a trillion dollars.  We already benefitted from most of the tax cuts over the last decade, so we don't need it, we’re least likely to spend it.  It’s least likely to give a boost to the economy.  We can't afford it because we’re trying to bring down our deficit and trying to control our debt.

Now, the Republicans disagree with me on this.  Mr. Romney disagrees with me on this.  And my attitude is, well, that's fine, but let’s not hold middle-class folks hostage.  (Applause.) The top 2 percent, those tax cuts, that will be settled in the next election.  And I’m looking forward to having a debate, because if you say you want to bring down the deficit but you're not willing to let tax cuts lapse for the top 2 percent, it tells me you’re not serious about deficit reduction.  (Applause.)

But we can have that debate.  But in the meantime, let’s go ahead and help middle-class families right now.  And so far I have not gotten an okay from the other side on that.  And that tells me I guess they're not that serious about deficit reduction.

AUDIENCE MEMBER:  Those folks let him down.  (Laughter.) 

THE PRESIDENT:  Now -- but this is just an example of their broader theory.  They think that if you just help wealthy investors, it helps everybody.  I think the opposite.

Let’s take small businesses.  I’ve cut small business taxes 18 times since I’ve been in office.  (Applause.)  And by the way, 97 percent of small businesses make $250,000 a year or less.  So for 97 percent of small businesses, they’d also benefit if we went ahead and got that done right now.  (Applause.)  

So far they haven’t taken me up on this offer.  But what this shows is the difference in philosophy, because I believe that if you’re doing well, then the country does well.  (Applause.)  I believe if the small business person and the teacher -- (applause) -- and the construction worker, and the firefighter, and all those folks who put in a hard day’s work every day -- if they're doing well, then everybody does well.  (Applause.) 

That's my vision for America, and that's why I’m running for a second term as President of the United States.  (Applause.) 

I’m running because I want to make sure that every young person in America has a great education.  (Applause.)  I’ve got a plan to hire new teachers, especially in math and science.  (Applause.)  We’ve already expanded the Pell Grant program to help make college more affordable, provide tax credits to middle-class families to help make college more affordable.  (Applause.) I want to keep on going and make sure that 2 million more people can go to community colleges to get trained in the jobs that exist right now, and lower college tuition costs.  That’s why I’m running for President of the United States of America.  (Applause.)

I’m running because I believe we should have manufacturing jobs created here in the United States.  (Applause.)  I don’t think the auto industry is unique; I think there are a whole bunch of companies who we can attract back to the United States. But we’re going to have to change our tax code and stop giving tax breaks to companies that ship jobs overseas.  Give those tax breaks to companies that are moving back here to the United States of America, hiring American workers, making products stamped with three proud words:  Made in America.  That’s why I’m running for President of the United States.  (Applause.)

I am running for President because there are a lot of folks in Virginia who have served us in uniform with such bravery and dedication and patriotism -- (applause) -- and I want us to keep faith with our troops, and make sure that our veterans get the benefits that they have earned, and that military families like Ricki’s are getting the help that they need when their loved ones are fighting on our behalf.  (Applause.)

But part of keeping faith is also making sure that we’ve got a smart national security strategy.  And it also means making sure that we’ve got a strong economy to support a strong military.  In 2008, I promised we would end the war in Iraq, and we’ve ended it.  (Applause.)  We are transitioning in Afghanistan and beginning to bring our troops home from that theater.  We have gone after al Qaeda, decimated their leadership ranks, taken out Osama bin Laden.  (Applause.)  So now I think it’s a good time for us to take half of those savings that we’ve gotten from winding down these wars, use half of it to pay for the deficit, use the other half to do some nation-building here at home.  (Applause.) 

Let’s put Americans back to work rebuilding our roads and our bridges, building broadband lines into rural areas, making sure that we’ve got the best airports and the best rail lines in the world.  That's why I’m running for President of the United States -- because I want to rebuild America and put people back to work.  (Applause.)

AUDIENCE:  U.S.A.!  U.S.A!  U.S.A!

THE PRESIDENT:  I’m running because I want to build not just the best energy policy in the world here in the United States, I also want us to take the lead in clean energy.  We’ve seen oil production go up.  We’re seeing natural gas production go up.  And we’ve doubled our investment and production in solar and wind and biodiesel.  (Applause.)  I don't want us to be dependent on what happens in the Middle East for our energy.  I want us to develop homegrown energy.  (Applause.)

I want us to stop giving tax subsidies to oil companies that are already incredibly profitable.  I want to double down on our investment in clean energy that's never been more promising -- in solar and wind and biodiesel -- and put people back to work so that we can free ourselves from dependence on foreign oil, and build up America.  That's why I’m running for a second term as President of the United States.  (Applause.)

And I’m running so that we bring down our deficit and our debt in a balanced, responsible way.  We’ve already made a lot of tough cuts to the federal government, and I’m prepared to do more.  I don't believe that every government program works.  I don't believe that government is the answer for every problem.  We’re not going to improve our schools unless our parents are focused on education.  (Applause.)  Americans can't be looking for handouts.  There are some folks you can't help if they're not willing to help themselves.  But what I also believe is, is that there are some investments like in education, or in basic research, or in transportation -- there are basic investments we need to make to grow our economy. 

And so if we’re going to bring down our deficit in a sensible way that grows the economy and grows our middle class, it can't be based simply on cuts to basic programs and asking nothing from those who have been the most fortunate in this society.  (Applause.)  So what I’ve said is we’ll make cuts, but we’re also going to ask the wealthiest Americans like me to do a little bit more.  And I promise you, we can afford it.  (Applause.)

And by the way, the last time we did that, it worked.  Bill Clinton did it, and we ended up having 23 million new jobs.  We went from deficit to surplus, and we created a whole bunch of millionaires to boot.  So don't tell me that that's going to destroy jobs.  That's going to create jobs -- because we’re doing it in a way that focuses on building the middle class.  (Applause.)  And there are a whole bunch of wealthy Americans who understand that and are willing to do the right thing if they're asked.  And I’m prepared to ask them.  That's why I’m running for President of the United States of America.  (Applause.)

So we’ve got a lot of work to do.  We’ve got a lot of work to do.  And the way we’re going to get it done is by you making a decision.  There may be some -- there are people who agree with Mr. Romney and his allies in Congress. 

AUDIENCE:  Booo --

THE PRESIDENT:  No, no, that's how our democracy works.  Even though the theory that they are promoting they’ve tried --

AUDIENCE MEMBER:  Don't believe it!

THE PRESIDENT:  -- and it didn't work, they want to try it again.  That's the way our democracy works. 

But you know what, I’m betting that the American people, they don't want to go backwards. 

AUDIENCE:  No!

THE PRESIDENT:  You don't want to refight the fight we had in health care.  Let me tell you health care was the right thing to do.  (Applause.)  If you already have health care, the only thing this bill does is make sure that it’s even more secure and insurance companies can't jerk you around.  (Applause.)  It allows young people to stay on their parent's health insurance plan -- 6 million young people have already benefited from that program.  (Applause.) 

It lowers prescription drug costs for seniors.  It guarantees preventive care for everybody, including women.  (Applause.)  Thirty million people are going to be able to get health insurance that didn't have it before, and that means -- and we’ll help them get it.  And the only thing that we have said is if you can afford to get health insurance and you don’t, you can’t pass those costs on to somebody else.  (Applause.)  You’ve got to take responsibility -- that’s part of the American way.  So we’re not going to refight that battle. 

I noticed the House of Representatives -- the Republicans in the House of Representatives, they voted to repeal it again.  That was the 33rd time they’ve done that.  (Laughter.)  Thirty-three votes to repeal the health care bill; all it would take is one vote to make sure that all of you don’t see your taxes go up next year.  (Applause.)  You tell me what would be a better use of time.  (Applause.)

Mr. Romney doesn’t think we should have a timetable for getting out of Afghanistan.  I disagree.  I don’t want to go backwards, I want to go forwards.  (Applause.)  The other side says they want to go back to the days when you could not serve the country you love because of who you love.  I disagree.  I don’t want to go backwards, I want to go forwards.  (Applause.)

Mr. Romney says that undocumented workers in this country should "self-deport."  My belief is that we are a nation of laws and a nation of immigrants, and I want to make sure that we get comprehensive immigration reform that gives young people who've been raised here a chance to live out their own American Dream.  (Applause.)  I don’t want to go backwards, I want to go forward. (Applause.)

All these things that I’m talking about, it all goes back to that first campaign I ran.  It all goes back to my family and your family, and this basic idea of how we make sure that the middle class is strong and growing in this country; how do we make sure that folks who aren’t quite there yet, if they work hard enough, can get into that sense of security and take care of their families.  And you know what, we have learned from our history that that’s done together.  (Applause.)

When previous generations funded the GI Bill, or built the Hoover Dam and the Golden Gate Bridge, or sent a man to the moon, or invested in the basic research that created the Internet, they didn’t do that because it was going to benefit one person or a handful of people or one group.  They did it because they understood we rise or fall together, as one people.  (Applause.) And that’s how I want to move this country forward -- together, as one people.  And that’s why I’m running again as President of the United States.  (Applause.)

But if I’m going to get there I’m going to need you.  (Applause.)  The way this democracy works, the choice is going to be up to you.  And over the next four months, you are going to see more negative ads than you’ve ever seen in your life.  You’re going to start getting out that DVR to block them out and fast-forward and all that stuff.  (Laughter.)   

And the other side, they basically just have one argument -- which is the economy is not where it should be and it’s Obama’s fault.  And they’ll just keep on repeating that over and over again because they know they don’t have new ideas.  They know the American people wouldn’t just buy what they’re selling on its own.  So they don’t want to talk about what they’re going to do; they just want to talk about what hasn’t gotten done. 

And that may be a way to try to win an election, but it’s not a plan to create jobs.  It’s not a plan to strengthen the middle class.  And I don’t care how much money they spend.  What you taught me in 2008 is that when regular folk, when working people, when all of you tap into that basic decency and goodness of the American people, when you focus on what’s true and what’s right, and you cut through all the nonsense and all the noise and all the spin, and you remember your families and your parents and your grandparents and everything they did to give you the opportunities that you had, then you can’t be stopped.  (Applause.)

When you decide change is going to happen, change happens.  (Applause.)  When you decide we’re moving forward, we move forward.  (Applause.) 

That’s what you taught me in 2008.  And some of you will remember, in that campaign I told you I’m not a perfect man -- Michelle told you that, too -- (laughter) -- and I told you I wouldn’t be a perfect President.  But what I told you was I’d always tell you what I thought, I’d always tell you where I stood, and I would spend every single day that I have the privilege of having this office thinking about you and fighting as hard as I knew how to make your lives a little bit better.  (Applause.) 

I made that promise because I saw myself in you, and I saw Michelle in you.  And when I look at your kids, I see my kids.  (Applause.)  And when I look at your grandparents, I see my grandparents.  And because of the values we share, I believe in you.  And I hope you still believe in me.  (Applause.)  Because I’ve kept that promise, and I fought for you, and I’m going to keep on fighting for you as long as I have the chance to be your President.  (Applause.)

And if you’re willing to stand up with me, and knock on doors with me, and make phone calls, and get out and organize, then we’ll finish what we started in 2008, and we’ll remind the world just why it is that the United States of America is the greatest nation on Earth.  (Applause.)

God bless you, and God bless the United States of America.

END
1:47 P.M. EDT

The White House

Office of the Press Secretary

Letter from the President Regarding the Cuban Liberty and Democratic Solidarity Act of 1996

Dear Mr. Chairman: (Dear Madam Chairman:)

(Dear Representative:) (Dear Senator:)

Consistent with section 306(c)(2) of the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996 (Public Law 104-114) (the "Act"), I hereby determine and report to the Congress that suspension, for 6 months beyond August 1, 2012, of the right to bring an action under title III of the Act is necessary to the national interests of the United States and will expedite a transition to democracy in Cuba.

Sincerely,

BARACK OBAMA

The White House

Office of the Press Secretary

Press Gaggle by Principal Deputy Press Secretary Josh Earnest Aboard Air Force One, 7/13/12

Aboard Air Force One
En Route Virginia Beach, Virginia   

10:35 A.M. EDT

MR. EARNEST:  Good morning, everybody.  Happy Friday, the 13th.  I'm glad you're all here. 

Q    Thanks for inviting us.  (Laughter.) 

MR. EARNEST:  As we've done previously, Jen and I will be speaking together to save a little time.  So I'll talk about some of the policy aspects of the President's activities today, and Jen will have some comments on the President's political activities -- there are quite a few of them because this is largely a political trip.

One thing I want to do and I’ll flag for you before we get started is -- in his remarks today, the President will highlight the need for Republicans in Congress to pass legislation that would extend the Bush tax cuts for 98 percent of Americans, those making less than $250,000 per year.  This will have a significant impact on families in Virginia, because if Congress doesn’t act, 2.9 million families in Virginia would see their taxes go up by an average of $1,600 per year -- again, 2.9 million families in Virginia by an average of $1,600 a year if their taxes -- if Congress doesn’t act.

Q    Sorry, 2.9 million families?

MR. EARNEST:  Yes.

Democrats in Congress have already articulated their strong support for this, and we're challenging Republicans, the self-styled party of lower taxes, to actually walk the walk and take advantage of this opportunity to act in bipartisan fashion to cut taxes for middle-class families and provide them some certainty going into next year.

Jen, I know you have some more.  You want to add to that?

MS. PSAKI:  Two things I just wanted to highlight for you.  One is, as you all saw, Senator Warner and Governor Kaine are traveling with us today.  They'll be with us just today.  And they'll be at all of the events.  They'll be introducing at different events throughout the course of the day. 

The second piece, just to add to what Josh said, is you'll also hear the President touch on the fact that this week Republicans in Congress voted 33 times to repeal the Affordable Care Act, a piece of legislation that millions of families are already benefiting from, that three branches of government have said it is constitutional and that we're really focused on implementing.  And they didn’t vote once on extending middle-class tax cuts for working families across this country, including many in Virginia.

He will also touch on the importance of taking care of military families, given the strong military presence in Virginia, and taking care of the people who serve.  And you'll hear him, as he has been doing over the last couple of weeks, lay out the contrast of the visions between what he is -- what he will fight for if he's given another four years in the White House, and Mitt Romney's vision for the future.

Q    Josh, can we start with the Syria -- the massacre in Syria, what's the White House reaction to that?

MR. EARNEST:  Sure.  We've seen the reports overnight from further atrocities that have been perpetrated by the Assad regime against the Syrian people in a community outside Hama.  If there was any doubt before yesterday about the need for a coordinated international response at the United Nations, that doubt has been eliminated.

Through these repeated efforts, through these repeated acts of violence against the Syrian people, President Assad has lost legitimacy to lead.  It is time for him to go.  It is time for the political transition that is long overdue to finally get underway.  And we want -- we are hopeful that we'll see continued unity on the international scale to press Assad to leave power.

Q    Does that increase the burden on Russia, then, to support the U.S. and Annan's plan and its efforts?

MR. EARNEST:  Well, it certainly does build strong international support for -- to continue to ramp up the pressure on Assad, there's no doubt about that.  As you know, Jim, there are some ongoing conversations at the United Nations about additional ways that we can build some international agreement and raise the stakes even further.  But I don't want to get ahead of any of those conversations.

Q    Josh, the President is going to have a military audience for a lot of what he says today.  Will he talk about the impact that the sequester would have on the Pentagon budget?  And what can he say about what he's doing to prevent those cuts from taking place?

MR. EARNEST:  Well, it's pretty clear what the President has been doing.  For more -- at least in terms of his specific proposals, the President, last September, laid out a very detailed proposal about what he's willing to do in bipartisan fashion to take a balanced approach to reduce our deficit by $4 trillion over 10 years.  He has been rebuffed repeatedly by Republicans who say they don’t want to raise taxes on the wealthy. 

So I would remind you that the sequester was something that was actually passed with the strong support of Republicans, in both the House and the Senate.  And the reason for this is that it’s an action-forcing mechanism to force Congress to confront the difficult budget challenges. 

Nobody is in support of -- at least certainly the administration is not in support of the pretty significant cuts that have been proposed by the sequester, but that’s why the President believes that we need to take action on a balanced approach to do something serious about our deficit challenges.  Not only is that good for this country over the long term, but it also would avert the cuts that we’re talking about here that would have a pretty significant impact on local communities economically across the country, but also have an impact on our national security.

Q    So will he mention it today?  And if --

MS. PSAKI:  I can address this.  So just to add to what Josh said, the President will talk about the importance of standing up for military families -- not just with the extension of middle-class tax cuts, but also in taking care of our veterans who return home.

On this topic, the reason why we’re in this situation is because Mitt Romney, congressional Republicans believe that putting -- making sure millionaires and billionaires have their tax cuts extended is more important and they’re more focused on that than making sure middle-class military families have the security they need.

Just a reminder -- Mitt Romney, as you know, supports the Ryan Budget.  The Ryan Budget, if there’s across-the-board cuts, could include $11 billion in cuts to the VA that would have a dramatic impact on military families, especially those in Virginia.

He also has talked about privatizing health care for the VA.  Those are areas where they should raise -- and I think do raise -- some serious concerns.

Q    So wait, just to clarify -- I get that he’s going to talk about the tax cuts and he’s going to talk about the other ways in which he has -- his policies have helped military veterans, but is he going to talk about the sequester today?

MS. PSAKI:  No, he will talk about the importance of fighting for military families, standing up for them, how the middle-class tax cuts will help them, and what we need to do to continue to make sure they have the economic security moving forward.

Q    On the sequester, Leader Pelosi said in an interview yesterday that if Republicans accepted an extension of just the middle-class tax cuts then Democrats might be open to undoing parts of the sequester.  Is that something that the White House is open to?

MR. EARNEST:  Well, the President believes that, as I mentioned earlier, that the sequester is an action-forcing mechanism.  And he does believe that we should be focused on doing something serious to deal with our deficit challenges over the long term.

The President has laid out his view that a balanced approach is what is the wise course of action.  Republicans have blocked that because -- solely because they say that they’re concerned about raising taxes on the wealthiest Americans.

The President believes that what we should do is we should move forward in a balanced way in which we deal with the long-term budgetary challenges that are posed by entitlements, that we can make some reforms to those programs that will strengthen them in the long term, that we can go ahead and implement the significant cuts that are already in place to government funding. We already have non-discretionary -- or discretionary, non-security government spending down to the lowest levels since the Eisenhower administration as a percentage of GDP.

And yes, we need to ask those at the top of the income scale to do more.  That’s the kind of balanced approach that we need to deal with all these challenges.  And that’s what we can do to avert a sequester.

Q    But this compromise would be doing that, because it would be extending the middle-class tax cuts -- Republicans would agree to that, and then Democrats would have to agree to some tradeoff.  Are you saying that there is no tradeoff that the administration would support?

MR. EARNEST:  What I’m saying is the President has been very clear about what he thinks we need to do to deal with the sequester, and we’re not going to negotiate anything else from here.

Q    But don’t you think that people that we’re going to visit today need to see that the President is inviting Republicans over, figuring out how they’re going to deal with the sequester, especially when it comes to defense mechanisms?

MR. EARNEST:  I think what the people of southern Virginia have seen is they’ve seen the President of the United States lay out a specific plan that would deal with our deficit challenges in a balanced way, in a way that doesn’t undermine our national security and in a way that doesn’t undermine the economic strength of communities like those in southern Virginia that are heavily reliant on the defense industry.

Q    Josh, can you talk about the alleged threat by the D.C. police officer mentioning Michelle Obama, and whether the President and the First Lady are aware of this threat and what kind of investigation is being conducted or asked for by the White House or the Secret Service?

MR. EARNEST:  I have seen those reports.  Any kind of investigation, if there is one, would be conducted by the Secret Service, so I’d ask you to direct your questions to them.

Q    Is the President aware of this investigation?

MR. EARNEST:  Yes.

Q    Did he have anything to say about it?

MR. EARNEST:  No.

Q    Jen, on Bain, today Romney has a new ad out that quotes the President from his Colorado convention speech, saying if you don’t have a record to run on then you paint your opponent as someone people should run from.  Isn't that what the President is doing?

MS. PSAKI:  Well, Jim, first I will say that as we know, overnight -- or last night, new information surfaced about Mitt Romney in reports -- about Mitt Romney returning back frequently to Massachusetts for meetings and participating in conference calls. 

I think the issue here is that there are serious questions that have been raised about what information has been public, what information has been released, and what the American people don’t know.  What the President has also said is that when you run for President, people deserve to know you are who you say you are -- that you're an open book, that they know where you're coming from, what your investments are.  And that’s part of the decision-making process. 

Q    Does the White House agree with Senator Reid saying that the Olympic uniforms should be burned because they were made in China?

MR. EARNEST:  The thing that I would point out is the United States Olympic Committee has said that they are a -- they're privately funded.  So this isn't a government decision. 

The President's views on the high quality of American-made products is well known and something that he talks about quite extensively.  That includes American-made clothing; that there are high-quality products that are made here in America.  And maybe for future Olympics, those kinds of things will be considered.

What I would say is, at the same time, the story shouldn’t distract from the story of young Americans who are preparing to -- who have spent a good portion of their lives preparing to compete on the international stage.  These are people who dedicated their lives to honing their athletic ability, becoming experts at their craft.  And we're confident that when they go to compete on the international stage that they're going to represent this country very well.  And hopefully this story won't distract from --

Q    Okay, but was the President annoyed when he heard about it?

MR. EARNEST:  I didn’t ask the President specifically about this story, but I can tell you that his views about the quality -- high-quality, American-made goods that are made by American workers in the United States of America is well known.

Q    Does the President insist on wearing American-made clothes?

MR. EARNEST:  I haven't checked the label on his wardrobe today. 

Q    Jen, did Stephanie Cutter go too far by suggesting that Mitt Romney is a -- might be a felon in the press call yesterday about the SEC filings, and the date of his employment at Bain?

MS. PSAKI:  Well, Amy, there have been many reports suggesting -- we don’t know the answers because Mitt Romney hasn't released not only his tax returns, he hasn't released documents around this.  Today, he could release his minutes from Bain -- from the Bain -- or they could release the minutes from the Bain meetings and we could learn more.

What was being raised here is something that was raised externally, which is we don’t know.  But if he did violate, if he did mislead the SEC, there could be -- that could raise questions, there could be legal questions that are raised about that.  We're not the ones who can answer that.  If he didn’t, then he was misleading the American people. 

So what we don’t know is the answer to that question, and that’s why we're eager to see more documents from Mitt Romney and his team.

Q    Josh, on the tax rates -- as you pointed out, Governor Kaine is here.  He has said that the threshold should actually be $500,000 on one year extended.  Doesn’t that demonstrate the lack of consensus on this issue on exactly where you define middle class, where you should draw that line?

MR. EARNEST:  I think, broadly speaking, there is strong agreement among Democrats in Congress about providing some measure of certainty for middle-class Americans in terms of their tax cuts.  Unfortunately, where we've seen consensus has actually been on the Republican side, who are basically threatening that kind of certainty, holding hostage tax cuts for middle-class families because they don’t want to raise taxes on the wealthiest Americans.  I think that’s the consensus that we've seen.

Q    Will Tim Kaine and Mark Warner be with you guys all day today?

MS. PSAKI:  Yes, they will.

Q    Could we invite them back to speak to us?

MS. PSAKI:  Absolutely.

Q    From Hampton to Roanoke maybe?

MS. PSAKI:  Well, we're going to talk -- we'll talk to them about that.  Absolutely.

Q    Okay, thanks.

MS. PSAKI:  Thank you guys.

MR. EARNEST:  Thanks, guys.

END
10:49 A.M. EDT