President adds fuel to House budget war

President Barack Obama is gearing up for a tough fight.

President Barack Obama yesterday called for reforming the gigantic government pension and health care programs, as well as simplifying the tax code — steps that would go far beyond the $3.7 trillion budget he proposed this week.

At a White House news conference, Obama tried to quell Republican criticisms of his fiscal policies and called on the opposition party to join him in reducing the costs of the major entitlement programs of Social Security, Medicare and Medicaid.

He said he wanted to simplify the unwieldy tax code, which also could help reduce a U.S. budget deficit that the White House estimates will hit $1.65 trillion this year.

“All of these steps are going to be difficult. That’s why all of them will require Democrats, independents and Republican,” Obama said, adding, “everyone is going to have to give a little bit.”

But Republicans in Congress were prepared to launch what promises to be a raucous debate over government spending in the House of Representatives.

They hope to pass by week’s end legislation to cut current spending by at least 14 percent, or $61 billion. Conservatives — with Tea Party backing — were hoping to slice much deeper with hundreds of amendments that they hope to test on the House floor.

Obama’s budget did not touch the biggest drivers of the deficit — mandatory spending for Social Security pensions, Medicare and Medicaid health care programs for the poor and elderly, which make up about two-thirds of the budget.

White House Budget Director Jack Lew traveled to Capitol Hill to defend Obama’s budget blueprint, only to hear Republicans accuse the president of failing to tackle the nation’s deep fiscal problems.

Obama:?Think of recovery

President Obama warned Republicans against making “symbolic cuts” in spending that could damage the fragile U.S. economic recovery.

“If the steps that we take then prompt thousands of layoffs in state or local government,” Obama told a White House news conference, “well that could also have a dampening impact on our recovery.”

Treasury Secretary Timothy Geithner echoed the president’s message in testimony to Congress, saying cutting government services too soon would destroy thousands of jobs.


News
Entertainment
Sports
Lifestyle
National

Rapper affiliate of Wu-Tang Clan 'cuts off own…

Rapper Andre Johnson, who has performed with New York outfit the Wu-Tang Clan, is in a critical condition after reportedly cutting off his own penis…

National

Cleavage complaint: Disneyland staffer orders curvy mom to…

A curvy mom-of-three says she filed a formal complaint after staff at Disneyland Resort in California ordered her to cover up her boobs. Melissa Behnken,…

International

Canadian charged in 'Heartbleed' attack on tax agency

OTTAWA (Reuters) - Canadian police have arrested a 19-year-old man and charged him in connection with exploiting the "Heartbleed" bug to steal taxpayer data from…

National

Every dog has his day in court, in…

(Reuters) - Call him juror K-9.A computer glitch is likely to blame for a summons that called a German Shepherd to report for jury duty,…

Television

‘Survivor: Cagayan’ recap: Episode 8

Sure, it's called Survivor. But this season should really be called 'The Tony Show.'

Television

Jim Rash talks 'The Writer's Room' and amazing…

For Jim Rash, as the fifth season of "Community" comes to a close, the second season of "The Writer's Room" begins.

Going Out

Tasty chicken and waffles in NYC

Try some soul food goodness around the city.

Television

'Dexter' star Jennifer Carpenter moves into producing role

The actress who played the title character's sister in "Dexter" is teaming up with producer George Stelzner to adapt Erika Hayasaki's book "The Death Class:…

NBA

Knicks wrap up season with win over Raptors

The Knicks wrapped up their season as it began — undermanned — but that still didn’t deter them from ending it the right way.

MLB

Adam Warren closes out doubleheader sweep for Yankees

Adam Warren navigated a tricky ninth inning earn the Yankees a 2-0 victory over the Cubs.

NHL

Marc Staal healthy, eager to contribute to Rangers…

Marc Staal remembers the feeling of helplessness watching his teammates compete for hockey’s ultimate prize and being unable to contribute.

NFL

2014 NFL Mock Draft: Updated, new April version

2014 NFL Mock Draft: Updated, new April version

Wellbeing

This Week in Health: chocolate may prevent obesity…

Can chocolate prevent obesity and diabetes? Location of study: U.S. Study subjects: Mice Results: The positive health benefits of chocolate have been studied increasingly more…

Wellbeing

This Week in Health News: breastfed infants trying…

Are breastfed infants trying to prevent mom from having another baby? Theory: The act of breastfeeding not only brings mom and baby closer together –…

Wellbeing

Unexplained infertility may be caused by lack of…

Researchers have identified a protein on the egg's surface that interacts with another protein on the surface of sperm, allowing the two cells to join.

Tech

5 surprising facts about Google Glass

Your sex life could get more interesting.