In his weekly address to the American people on Saturday President Barack Obama continued to press republicans in Congress to stop their “political posturing and phony scandals” in order to start passing legislation which will help create jobs, grow the economy and build a stronger and larger middle class America.
In his plan to work with republicans in Congress, President Obama reiterated his willingness to work in a good faith compromise to simplify and reform the tax code for businesses and reduce the top tax rate from 35% to 28%. However, he made it clear that any tax reform must be accompanied by economic legislation targeted at growing the economy and building jobs from the middle class outwards.
“I’m willing to work with Republicans to simplify our tax code for businesses large and small, but only if we take the money we save by transitioning to a simpler tax system and make a significant investment in creating good, middle-class jobs,” the President stated clearly. He continued, “We can put construction workers back on the job rebuilding our infrastructure. We can boost manufacturing, so more American companies can sell their products around the world. And we can help our community colleges arm our workers with the skills they need in a global economy – all without adding a dime to the deficit.”
For the past two weeks, the President has traveled across the country speaking on the necessity of legislative action in order to help lift the economy through strengthening of the middle class.
