President Obama Holds News Conference - Spokane, North Idaho News & Weather KHQ.com

President Obama Holds News Conference: Talks Libya, Budget, Gay Marriage & More

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WASHINGTON (AP) - President Barack Obama is calling on Congress to extend a payroll tax cut for one more year to boost the economy. In a news conference Wednesday, the president pressed Congress to approve other measures he said could help spur job creation.

Among them were legislation to make it easier for entrepreneurs to patent their ideas, a bill that would make it easier for states and construction companies to obtain loans for road and bridge projects, and trade agreements with South Korea, Panama and Colombia.

Obama made his remarks amid persistent signals that the economic recovery has slowed. Obama has been promoting job creation initiatives as public opinion polls show that the state of the economy has weakened his job approval standing.

Obama: Ending tax breaks for wealthy not radical

President Barack Obama says it is not a radical idea to end tax breaks for the wealthy and high earning oil and gas companies.

Speaking at a White House news conference, Obama says the government cannot reduce its deficit by keeping all current tax breaks. Obama says if millionaires and billionaires get to keep their tax breaks, senior citizens and the poor will bear the brunt of the burden from additional cuts.

The White House is pushing for some tax increases on the wealthy or the elimination of tax breaks for big companies and wealthy individuals as part of a deficit-cutting plan being negotiated with bipartisan lawmakers.

Obama says he is still confident that lawmakers can reach a deal that will get the government to live within its means.

Obama: A lot of the 'fuss' over Libya is politics

President Barack Obama says a lot of the `fuss' made by members of Congress over U.S. military involvement in Libya is political.

He also says involvement in the operation doesn't violate a law requiring congressional approval for military action. The White House says Obama has the legal authority to keep the military involved without a go-ahead from Congress because the U.S. is playing only a support role there.

Obama said Wednesday that the U.S. is participating in a limited operation to help a lot of people against Moammar Gadhafi. The president said Gadhafi is one of the worst tyrants in the world and a person that no one should want to defend.

Obama answered questions from reporters at a news conference at the White House.

Obama stops short of endorsing gay marriage

President Barack Obama says gays are our friends and neighbors and should be treated like every other American.

But days after New York state legalized same-sex marriage, the president stopped short of endorsing gay nuptials himself. He said that the decision in New York was "a good thing" because people debated their views and came to a decision. The president said other states and communities will come to their own conclusions.

The president, who supports civil unions, has said his views on gay marriage are "evolving." The White House is holding a reception later Wednesday for Gay Pride groups but Obama wasn't ready at a news conference to announce a new position.

The president defended his record, including repealing the prohibition on openly gay people serving in the military.

 

 

 

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