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April 12th, 2011
05:00 PM ET

What should Pres. Obama say in tomorrow's budget speech?

FROM CNN's Jack Cafferty:

Without question, it's the most serious problem facing this country. And if it isn't addressed in a meaningful way and soon, we're not going to have a country.

We're talking about the national debt at $14.3 trillion. Annual deficits of $1.5 trillion. And the inability of our federal government to even go near addressing this stuff in a meaningful way.

It took the threat of government shutdown to get them to free a paltry $38.5 billion dollars in cuts for this year's budget. That's chump change.

Critics say that President Obama has failed to lead on this issue. Perhaps until now. He's scheduled to give what is billed as a major speech tomorrow on our budget crisis. This is the same President Obama who appointed a deficit reduction commission almost a year ago and then has ignored their recommendations which were given to him last December, conveniently after the midterm elections. Tomorrow however, he is expected to release his plan to reduce the deficit which will build on those recommendations. It's about time.

Like them or not, if it wasn't for the pressure being brought to bear on this subject by the Tea Party, my guess is Washington would just continue to kick the can down the road. Tomorrow's speech could be a defining moment for the president. If Americans are not convinced that he and the Congress take our economic crisis as seriously as the rest of us do, they may all be looking for a job in 18 months. And maybe that wouldn't be such a bad thing either.

Here's my question to you: What should the president say in his budget speech tomorrow?

Interested to know which ones made it on air?

Rich in Texas:
I would like the president to explain to the American people just exactly why they elected him in the first place. When Obama took office gasoline was at $1.85 per gallon and now it is over $3.78 per gallon. When the president took charge of this country there was a national debt of $10.6 trillion. Two years after Obama it stands at $14.3 trillion. Please Mr. President explain to me how when you and the Democrats controlled both houses for two years you could not balance a budget and reduce the federal deficit and this last week the Republicans had to do your job.

Sherrie in Camarillo, California:
He should explain that we do not have a deficit crisis. We have a failure-to-levy-taxes-against-those-who-can-afford-it crisis.

Troy in Fleetwood, Pennsylvania:
He has ultimately lost his credibility. He needs to tell us exactly where the cuts are going to be made, and he needs to propose a solution to keep this from happening again the next time we "run out of money." You can't campaign on transparency, do everything secretly, and then expect us to listen to false promises.

Mark in Brooklyn, New York:
Withdraw from three wars and cut D.O.D. Come home from Europe, Japan and Korea and cut DOD. Then cut DOD, again. End subsidies to the most profitable corporations in history: Oil. Tell U.S. corporations to repatriate the trillions of dollars they've held overseas or face a new tax duty, anyway. End mortgage rate deductions on vacation homes but continue on the primary residences, the Plutocrats will just have to pay for those McMansions in Vail/Aspen/Palm Springs/ Santa Barbara themselves. Once we fix the "revenue deficit," we can spread that pain just a bit to the working and middle classes.

Jon in Lima, Ohio:
It doesn't matter to me what he says. His actions have already spoken for him. He's the biggest spender of all the big spenders who've occupied the White House. If he offers a budget that has a more aggressive deficit reduction plan than Paul Ryan's, then he'll have my attention. If he pushes for a balanced budget amendment and proposes elimination of the IRS in favor of a "Fair" Tax, I may believe he's been born again.


Filed under: Budget cuts • President Barack Obama
soundoff (201 Responses)
  1. Conor in Chicago

    Bush tax cuts are ending. Corporations will pay taxes. Companies that ship jobs overseans will be nationalized until they cease and return jobs to the USA. We are going to let the Afgahns live in the 7th Century and continue to draw down Iraq. Once these things are accomplished we will talk about making cuts. Thank you.

    April 12, 2011 at 1:23 pm |
  2. Russ in PA

    He should say that he agrees with Ron Paul on so many topics: He should say that he is going to end all of our wars and military entanglements. He should say that he is closing all of the offshore bases, and bringing home all troops. He should say that he is changing the eligibility age of SS to 70. He should say that he is slowly shutting down Medicare/Medicaid/Obamacare, and allowing a true free market to replace them. He should say that he is closing down many of the bloated Departments of (you name it), and allowing the free markets to address the issues. He should say that he is ending all government hand outs to banks and corporations, and closing down the FED.

    What he will say is not likely to be worth the napkin he's reading his text from...

    April 12, 2011 at 1:26 pm |
  3. Rick McDaniel

    That he is closing the loopholes on corporate taxes?

    April 12, 2011 at 1:28 pm |
  4. Ralph

    He should simply say it's time for all to cut and run with it.
    Ralph- Corpus Christi, Texas

    April 12, 2011 at 1:31 pm |
  5. Concerned Federal Worker

    When (date) can we expect the 2011 Budget to be signed into law?

    April 12, 2011 at 1:32 pm |
  6. robert in north carolina

    I think the President should be honest and say that the chances are better than he will take more strokes off his golf game than dollars off the budget.

    April 12, 2011 at 1:39 pm |
  7. Barbara

    What I would like to hear from our elected "officials" is that they are going to cut back on their spending. They will cut back on their salaries, pensions, and medical insurance just as they are cutting back ours.
    Congress is totally out of touch with the realities the average citizen lives with. Do they ever have to worry that they cannot go to a doctor? Do they every have to worry that if they buy medicine they will not eat? Do they ever have to worry that tomorrow their house will be foreclosed? Do they ever have to worry about how they will retire because they have no pension and Social Security has been cut yet again?
    I tend to doubt they even think of these real life scenarios. Very sad.
    They didn't neglect to take their raise in salary or benefits. They didn't neglect to take time off to relax and rejuvinate. They didn't neglect to shop for food and clothing and other neccessities for their families. They only expect that from the average citizen whom they claim to represent.
    Enough.

    April 12, 2011 at 1:40 pm |
  8. MNResident

    Answer one question–Why have ANOTHER budget speech now when you already submitted ANOTHER attempt at this budget back in January? How many attempts at this budget does the President get before he is to be considered incompetent at the task?

    April 12, 2011 at 1:43 pm |
  9. Ms. Lou Mullin

    That speech SHOULD be about the debt of this country. He should point to the Republicans and Democrats in the Senate who allowed it to happen in Iraq and Afghanistan. Daddy Bush, Son Bush and Clinton should appear and they should be asked why they sent out jobs overseas never to return and WHAT they had in mind. Those three people need to be asked some serious questions since they SHOULD have the answers. They need to address also LOSING our middle class. LOSING our jobs. NO ACTION on the endless Mexicans in our land without papers. THEN HE NEEDS to address Afghanistan and Libya. THEN he can address what HE needs to do to fix it.

    April 12, 2011 at 1:43 pm |
  10. Greg, Ontario

    I have tried to show you the way but your not interested in a successful future. I quit.

    April 12, 2011 at 1:50 pm |
  11. HJ

    He should say exactly what tax rates would be necessary to bring the deficit to zero. He should say what extra taxes would be generated by closing corporate loopholes. We have to finally stop with the lies. Dont just say social security is insolvent. Give us a number! What is needed? I am sick of hearing if something is "good" or "bad," I want numbers! Oh and by the way, "we have a committee on that" is not an answer.

    April 12, 2011 at 1:51 pm |
  12. Bizz, Quarryville Pennsylvania

    President Obama should say that both sides need to stop playing politics and get down to working together on solving the budget. They should stop fighting over social issues that have been settled over 30 years ago by the Supreme Court. The funding for planned parenthood which does not include funding for abortion shouldn't even be brought up in the budget talks. He should say all classes will have to take cuts including the most wealthiest people in the United States and companies like GE should start to pay taxes. Congress should stay in session instead of going on a two week vacation.

    April 12, 2011 at 1:55 pm |
  13. Paul Austin Texas

    He should be frank and tell us it is time for us all to tighten our belts and that with any major cuts in the budget it will hit us all at home. He needs to face up and tell us all the facts without any sugar to coat it and make it sound better than it is.

    April 12, 2011 at 1:59 pm |
  14. Bradley, Portland, OR

    He should apologize for not fighting and rolling over for nearly all the Republican demands.

    You'll notice that the Democrats didn't ask for anything, not even a rollback on the Bush tax cuts for the wealthy to increase revenue and reduce the deficit that way. The negotiations were just all about how many of the Republican demands they were going to give in to.

    And in the end, that turned out to be almost all of them. $38 billion of the Republicans' demand for $40 billion in cuts.

    April 12, 2011 at 2:07 pm |
  15. Tom Bulger, Canandaigua

    "Republican funding priorities such as tax cuts for the rich, and subsidies for Big Oil, while putting people out of work, while cutting Medicare and Social Security, is the classic case of throwing out the babies and keeping dirty bath water."

    April 12, 2011 at 2:12 pm |
  16. Jane (Minnesota)

    I think he'd also better bring along lots visual aids explaining the problem and his clear explanation of what he see as the fix. Lower unemployment will also help the budget out.

    He also needs to clearly show the need to increase the tax rates on the upper income brackets and to tighten up the loop holes the big corporations are avoiding their fair share of taxes along with meaningful budget reductions.

    Above all – he needs to be more specific than he's been and drive the discussion for a change instead of letting the lunatics on the fringe drive it.

    April 12, 2011 at 2:15 pm |
  17. David of Alexandria VA

    That we need to seriously address the debt without compromising our ability to thrive as individuals and as an economy. He should appologize for spending so much money in perpetuity in new regulatory orgainizations and for the health care plan which he has yet to explain how we can even begin to afford.

    Then he should lead - just like the leader we pay him to be (really - it's in his job description)

    April 12, 2011 at 2:17 pm |
  18. B.J., Quincy, Il

    Help! Tell your congress people to extend and get to work for real instead of playing politics.He should tell them that if they don'tget one to pass that they will loose their pay.That will mke them get their s**t together.

    April 12, 2011 at 2:21 pm |
  19. Jon

    It doesn't matter to me what the man says. His actions have already spoken for him. He's the biggest spender of all the big spenders who've occupied that grand White House. And he's changing his tune for political expediency. If he offers a budget that has a more aggressive deficit reduction plan than Paul Ryan's, then he'll have my attention. If he pushes for a balanced budget amendment and proposes elimination of the IRS in favor of a "Fair" Tax, I may believe he's been born again.

    Jon
    Lima, Ohio

    April 12, 2011 at 2:22 pm |
  20. Loren, Chicago

    It would be nice if he understood the Tea Party's concerns and would act to rein in government spending, but my guess is that it will be politics as usual. That's a shame, because our children's future depends on what we do today.

    April 12, 2011 at 2:26 pm |
  21. Cheryl in Bluffton, SC

    He should say that he's eliminating loopholes while lowering the corporate tax rate, winding down our military misadventures overseas, raising taxes on the rich to where they were during the prosperous Clinton years, eliminating the cap on the Social Security tax, and reforming Medicare/Medicaid in a sane, humane way: By paying doctors to keep us healthy rather than fee for service.

    April 12, 2011 at 2:28 pm |
  22. Pete in Georgia

    Now Jack, what difference is it possibly going to make WHAT the gifted orator actually says ?? You and I know it's nothing but fabricated, over rehearsed, cleverly structured DECEPTION.

    Why anyone would take any of these insults seriously is beyond belief.

    April 12, 2011 at 2:38 pm |
  23. Pisher in Harrisburg

    The President should tell America that everything in the government will be cut back 10% and that discretionary programs will be suspended until the budget is balanced and that he is introducing a balanced budget amendment, followed by the announcement that no legislators or members of the administration will be paid until this is enacted. Furthmore he will tell big business that for every additional 10% jobs they create within their structures, they will get some tax breaks and that for every tax payer who checks the $100.00 contribution box for the Treasury to help balance the budget, they will get $500 tax credit the following year. This is how you stimulate the economy. Everybody pays.

    April 12, 2011 at 2:40 pm |
  24. Wilhelm von Nord Bach

    would be wonderful IF he would point out that these phony Republican "budget plans" like Paul Ryan's will NOT bring down the deficit because for every cut in spending, they give even more tax cuts to the rich.

    and speaking of the rich, he should say that it's time for THEM to "pony up" with higher rates for those making over one million a year. recent polls show that 80% of the American People approve of that. same with corporate taxes. he should also point out that the "LOOPHOLES" that allow the likes of General Electric to make over 14 BILLION in profit and not only pay NO federal tax but also get a REBATE have to END.

    April 12, 2011 at 2:46 pm |
  25. Dennis Ducey

    The President needs to unequivocally challenge the BIG Republican big lie that you can balance the budget by slashing spending on programs that benefit the poor and the middle class, and giving the savings away in more tax cuts for the wealthy, as the Ryan plan proposes.

    April 12, 2011 at 2:46 pm |
  26. Jackie Maschino

    Jack,
    He need to tell the American people exactly what he has lined out for the budget... where the cuts will come from and how much.... he needs to explain that while deep cuts need to be made they do not need to be made on the backs of the middle glass, elderly or poor..... I think there is plenty of pork and crap that can be cut from budgets to get where we need to be and the first place we need to start is by stopping the congress and our senators from getting paid their salary even after they quit or retire from Congress.... and we stop paying their medical... they need to pay there own like the rest of us!!! Same for the military...they leave the military or retire.... they need to pay their own medical like the rest of us Americans.... they are NO different!!

    April 12, 2011 at 2:47 pm |
  27. Richard Oak Harbor, Wa

    President Obama should set a two year moratorium on cost of living increases, new programs should be funded only if absolutely necessary, government inhouse efficiency efforts should become standard operating procedure with incentive bonuses offered to employees for cost cutting solutions. Studies should be undertaken for a possible flat tax with simplified paperwork to replace the existing
    complicated and contentious tax code. The defense budget should be trimmed and development of expensive new projects should be temporarily suspended. Entitlement programs should be streamlined administratively first and reworked downward for future enrollees combined with alternative free market options.

    He should also reassure the American people that budget cuts will have a minimum impact on the everday living standard of the majority of those receiving government benefits.

    April 12, 2011 at 2:47 pm |
  28. Mike S., Dayton

    I hope the President has the cahunas to remind American voters why they are in this mess. The next time a presidential candidate offers voters a check for $300 or $600 if they elect him, remember where the Bush years led us.

    April 12, 2011 at 2:51 pm |
  29. Jackie Maschino

    Jack,
    He need to tell the American people exactly what he has lined out for the budget... where the cuts will come from and how much? He needs to explain that while deep cuts need to be made they do not need to be made on the backs of the middle glass, elderly or poor. I think there is plenty of pork and crap that can be cut from budgets to get where we need to be and the first place we need to start is by stopping the congress and senators from getting paid their salary even after they quit or retire from Congress.. and we stop paying their medical. They need to pay there own like the rest of us! Same for the military they leave the military or retire they need to pay their own medical like the rest of us Americans. They are NO different!

    April 12, 2011 at 2:51 pm |
  30. joe

    What he should say is how were in such a deficit is due to classified projects by the military which all these billions of dollars are going to. we need the truth, disclosure

    April 12, 2011 at 2:57 pm |
  31. Gary Bellew

    How much money is taken in and where it's been spent.
    How much money has been borrowed, from who, and how we plan to repay it.
    And is the government heeding the Constitution of the U.S. particularly the Bill of Rights?

    April 12, 2011 at 3:03 pm |
  32. Rob in Brooklyn

    1- that he's raising taxes on the wealthy
    2- they are going to start taxing money that's held out of the country- they know who has it and where- so start taxing it
    3- They are going to end tax exempt for all Churches – they want to get into the political act . that's great – start paying up
    4- they are going to cut military spending
    5- they are going to cut salaries of the Senate & House- since they don't work anyway. A salary cut is a great start
    6- no more free healthcare for anyone in government- pay through the nose like everyone else

    April 12, 2011 at 3:07 pm |
  33. Steve, Clifton, VA

    It's blatantly simple Jack.... Everyone in the country, including the top 1 % wealth of the country, needs to step up and bear an equal burden for the collective welfare and economical health of the country. Otherwise we face a South Africa situation where one percent of the population rules over the other minority 90 % of the country.

    April 12, 2011 at 3:18 pm |
  34. Mar Tampa

    Obama should admit, in his speech, that he really is a Republican in thought and action. He is the first "Democrat" that I am sorry I voted for but I will not make that same mistake in 2012

    April 12, 2011 at 3:20 pm |
  35. Charles Jones

    The president should address the economy, the debt ceiling, the future of Medicare, Medicaid and Social Security.
    I would also like to add why don't grouchy old men like yourself retire so that I can watch Wolf Blitzer and not have to switch channels when your segment apears.

    Woodland Hills, CA

    April 12, 2011 at 3:24 pm |
  36. s in fl

    I think he should declare "war" on our corporate tax dodgers, Wall Street economic terrorists and deadbeat billionaires.

    April 12, 2011 at 3:28 pm |
  37. Al

    Fiscally, he must do at least three things:
    1. Tie budget proposals to the future of the nation;
    2. Identify key issues to be resolved and contrast them with areas of agreement with Republicans (e.g., supporting our troops); and
    3. Focus Washington debate on issues as they relate to our future, not the lame argument that the media is currently reporting.
    Politically, he needs to demonstrate that his his leadership is accomplishing not change in the sense of short change, but change in the sense of progress.

    April 12, 2011 at 3:29 pm |
  38. Joe R - Houston

    In tomorrow's budget speech, President Obama should say, "You'll be proud to know that we've succeeded in drastically cutting the budget by 38 billion dollars which represents a little less than 0.024 percent of the previously budgeted 1650 billion dollars. This is equivalent to you earning $50,000.00 managing to somehow to cut your budget by $1190.00."

    The problem, however, is that's an honest appraisal.

    April 12, 2011 at 3:31 pm |
  39. Peg in NY

    He should say no new taxes, no old taxes, no taxes...period. Let's get the economy straightened out, people back to work in good paying, honest jobs, focus hard on eliminating the deficit and strive for a balanced budget.

    We, the voting public, should feel confident in all of our leaders in every arena from local to national politics. We do not. He needs to
    address that and rectify it, with the help of one and all in office.

    He also needs us all to be confident that women's health is not something to be toyed with. Period.

    He also needs to convince us all that he wants the very best for all of the people and that this is not a re-election speech.

    April 12, 2011 at 3:35 pm |
  40. Sylvia from San Diego

    Obama can do us all a big favor by keeping it short and sweet and simply state, " I accept Paul Ryan's, The Path to Prosperity".

    April 12, 2011 at 3:43 pm |
  41. Jack

    That he's seen the light. For the last 4 year government, government
    spending & debt have grow wildly. The federal government will
    drastically cut spending until the debt is gone. A balance budget
    amendment will be passed. point out that Social security was never intended as a life supporting program in fact it was set up at 65 when
    the life expectancy was only 63. It must be readjusted with means testing & personal responsability for most retirement funding.

    Jack
    Lancaster Pa

    April 12, 2011 at 3:45 pm |
  42. Tom (Atlanta)

    Maybe he should tell the truth. A lot of people, both Republican and Democrat, have become enlighten that we're broke and worked hard to create a budget that they both could live. He should further say that he did very little to help let alone lead the process. I think they call that leadership from behind.

    April 12, 2011 at 3:45 pm |
  43. Nate from Indiana

    First of all, he needs to apologize to the American people for the mess that was created in this whole budget ordeal. Also, he should address the fact that party politics should have nothing to do with how the government spends it's money.

    April 12, 2011 at 3:50 pm |
  44. Rich McKinney, Texas

    How about....... "Sorry folks. Under my administration we managed to start another war and quadruple the federal deficit in a third of the time as Bush. You wanted fiscal responsibility and the democrats gave you more debt. But on the bright side 36 million people now have insurance thanks to those hard working Americans paying taxes which is roughly 53 percent of the population because the other 47 percent either pay no federal tax or get it back each year. I look forward to the next 2 years where I will pray that the republicans do not drive the bankruptcy bus off the cliff and then I once again will ask you to re-elect me".

    April 12, 2011 at 3:53 pm |
  45. RickFromDetroit

    President Obama should say that it was a mistake to spend all of the stimulus money on Wall Street profits when he should have stimulated the low income and recession hit areas of the Country.

    More than likely the President will probably use the GOP as an excuse to sell out the working class people in this Country for his affluent executive pals who stole several trillion dollars from the tax payers since the President took office.

    April 12, 2011 at 3:57 pm |
  46. Homer Wood

    As you are so quick to question everything the Democrats do I wonder if you could answer or perhaps one of your intelligent Republican cohorts could answer a couple of very simple questions?
    Why would anyone expect the average American to shoulder any more of the burden regarding debt and the deficit in America, which by the way is directly tied to eight years of Bush and Republicans, when those earning over two hundred thousand dollars a year still enjoy tax breaks from the Bush era? These tax breaks are being vigorously protected by the Republicans who say changing them is a tax raise. Nothing could be farther from the truth, it is a return to thier original tax rate. It never stops thiis gouging of the ignorant middle class. While you are at it explain subsidies to energy and agri businesses who are making record profits as the average America goes broke. LOBBYISTS something the average American does not have.

    April 12, 2011 at 4:01 pm |
  47. Mary

    "Sorry, folks, but in order to ensure my re-election I need to make sure that your tax money keeps on flowing toward the upper 2%."

    April 12, 2011 at 4:02 pm |
  48. SherrieGG, Camarillo, CA

    He should explain that we do not have a deficit crisis. We have a failure-to-levy-taxes-aginst-those-who-can-afford-it crisis.

    April 12, 2011 at 4:04 pm |
  49. Tony from Southport

    "The ideas I had when I took office are not working. Therefore, I shall resign the Presidency effective at noon tomorrow. Vice President Biden will be sworn in as President at that hour in this office."

    April 12, 2011 at 4:08 pm |
  50. Kevin of SD CA

    He should say, “I am the pinnacle of the reward of corruption in government; and if you want to restore our Countries foundation then you need to defund all government entitlements to government welfare, social welfare, and corporate welfare which are all glorified welfare from top to bottom!

    April 12, 2011 at 4:15 pm |
  51. Joe Tyrrell

    Should propose a permanent fix for Social Securityby eliminating the Cap. hould recommenf an immediate eng to Bush tax curs on tincome in excess of $300000. Recommend taxes on US Corporations with 70% o the work force US citizens be reduced 50%, and increased 10% for US Corps with less than 50% US citizens, Increased 25% for foregin Corps. He should propose a Balanced Budget Act – balnaced to be reached by minimum of 5% cut in the deficit per year untl balanced and the maintained. Propose a public, non-profit Corp. to retire public debet – established with 1 billion initial funding and authorized to solicit contribution twice a year – 50% of net earnings to pay the debt.and remainder reinvested, no payments iy Budget is more than 10% in the red.. At least one half the investment to be in US securities and the remainder US business.

    April 12, 2011 at 4:15 pm |
  52. Michael in Albuquerque, NM

    He should say:"How about we save some money by ending some of these wars, canceling private military contracts, and bring our troops home? Letting people overthrow the dictators by themselves seems to be working pretty good right now."

    April 12, 2011 at 4:17 pm |
  53. Craig R. McNees

    tampa, fl i'd like at this time to present my birth certificate. sorry it took so long, but no one in the white house knew how to use photoshop.

    April 12, 2011 at 4:18 pm |
  54. Remo, from beautiful downtown Pflugerville Texas

    He should be honest and say that he dropped the ball. He should say that he doesn't have a clue on how to fix it. He should say that he was more interested in side stepping the issue in hopes of getting re-elected. He should say that his committee that he step up to fix this mess has been a waste of time. He should say that this is yet another promise broken. He should say that he's not worthy of being our president.

    April 12, 2011 at 4:18 pm |
  55. Mark

    Withdraw from 3 wars & cut DOD. Come home from Europe, Japan and Korea & cut DOD. Then cut DOD, again. End subsidies to the most profitable corporations in history: OIL. Tell "USA" corporations to repatriate the trillions of $$$ they've held overseas to face a new tax duty, anyway. End mortgage % deductions on vacation homes but continue on the primary residence...the Plutocrats will just have to pay for those McMasions in Vail/Aspen/Palm Springs/ Santa Barbara themselves. Once we fi the "revenue deficit" we can spread that pain just a bit to the working and middle classes...and the working poor.

    Mark
    A Real Place Called Brooklyn
    NY

    April 12, 2011 at 4:20 pm |
  56. john nebraska

    jack it makes no difference what he says it will be a half truth or a lie. this guy is a joke.

    April 12, 2011 at 4:20 pm |
  57. Troy Spier

    He has ultimately lost his credibility. He needs to tell us exactly where the cuts are going to be made, and he needs to propose a solution to keep this cyclical cycle from happening again the next time we "run out of money." You can't campaign on transparency, do everything secretly, and then try to expect us to listen to false promises.

    Fleetwood, PA

    April 12, 2011 at 4:21 pm |
  58. Rich McKinney, Texas

    I would like the president to explain to the American people just exactly why they elected him in the first place. When Obama took office gasoline was at $1.85 per gallon and now it is over $3.78 per gallon. When the president took charge of this country there was a national debt of 10.6 trillion dollars. 2 years after Obama it stands at 14.3 trillion. Please Mr. president explain to me how when you and the democrats controlled both houses for 2 years you could not balance a budget and reduce the federal deficit and this last week the republicans had to do your job. Explain to me what I am missing here and why anyone should feel warm and fuzzy about the situation you helped to put us in. You promised hope and change and all you delivered on was debt and more of the same.

    April 12, 2011 at 4:27 pm |
  59. JENNA IN ROSEVILLE CA

    What should the president say in his budget speech tomorrow?

    Jack,

    He should stick to his original debt reduction plan.

    Remind Americans that we are in the mess we are in because of the crazy spending, tax cuts to the wealthy and two unwinable wars have cost our nation TRILLIONS of taxpayer dollars were committed by the same folks that are having canaries about the budget now.

    And he should remind Americans all the times the debt ceiling was raised under GW Bush alone without any talk of blocking it. Because Congress understood that the nation couldn't run while in war without it. Well Congress, we are still at the same wars we were in under GW Bush (at least we are pulling out of Iraq by summers end – you know the exit strategy GW couldn't muster). So there should be no delay in raising the debt ceiling.

    Obama should talk about all the jobs created and how the unemployment rate is dropping based on all the hard word done by the Democrats.

    This is what Obama should talk about.

    Jenna
    Roseville CA

    April 12, 2011 at 4:27 pm |
  60. Tom-Florida

    Jack,
    I believe that the American sense of fairness is still alive and well. President Obama's speech should outline a philosophy of "share the pain" from the very top to the bottom of the economic and social spectrum. We need to hear logic that would neutralize extreme left or right to control or color very complex issues. And we need to see basic math with easily understood graphics depicting revenue/tax increase requirements along with program cuts.
    There, that should work, good luck,

    April 12, 2011 at 4:29 pm |
  61. Anne

    This deficit is home grown. Bush and his cronies put us where we are today. How do you pay for wars that were unecessary.? It is falling on Obama's back and ours. There are going to be hard decisions ahead. I just hope those in charge make it clear that we're in the place we are because of past mistakes. It's time to pay up

    April 12, 2011 at 4:31 pm |
  62. Mike, NH

    Obama should say: "I thought I was ready for this job; my abysmal performance shows I'm clearly not. I'm resigning as of noon tomorrow for the good of America.

    April 12, 2011 at 4:31 pm |
  63. John ....... Marlton NJ

    He should say, "I am so sorry.... Effective midnight tonite I resign the office of President"

    April 12, 2011 at 4:31 pm |
  64. Mr. D

    The president should stop saying things and start doing things. Frankly, I'm tired of him blowing in my ear. Less talk, less bad taste in our collective mouths.

    April 12, 2011 at 4:35 pm |
  65. John Terrell

    As DC as demonstrated over and over again they are unable to manage the government finances in a meaningful way. They are to worried about getting re-elected or how their party looks to do the job they were sent to DC to do. Its time for the states to take the lead and move for a Balanced Budget Amendment to force the Beltway to act responsibly as it is becoming more and more obvious that they are unable to act on their own.

    April 12, 2011 at 4:35 pm |
  66. Dave, Orlando, FL

    I’m going to stop kissing tea party and republican tushes and I will make all those who have been freeloading off the middle class pay their fair share of taxes. That means that I will end my predecessor's tax cuts to the wealthy, I will stop handouts to those highly profitable companies such as oil, Wall Street, agribusiness and the like and I will make them pay their fair share by closing tax loopholes. I will levy punishing taxes on those companies that ship and have shipped jobs overseas and I will make all those who raided the Social Security Trust Fund pay back, with interest, what they pilfered over the years. I will then restore the Social Security COLAs retroactively. I will further put an end to all three of our needless, pointless, senseless wars immediately, and I will close most of our military bases around the world. These measures will give us an instant surplus.

    But don’t hold your breath. We are in Bush’s third term as president.

    April 12, 2011 at 4:40 pm |
  67. Bud Rupert

    Be completely honest about what HAS GOT TO BE DONE. Keep it simple (if there is such a thing) in government so a 12 year old can remember what he said. And, If he thinks their are some things in the Ryan Budget Plan that should be implemented then say so and then do it.
    That's leadership and I'll bet his numbers will go up accordingly

    April 12, 2011 at 4:42 pm |
  68. Tom in Desoto, TX

    Dear Citizens, If you believe $38 Billion cut from the budget will balance the budget you are sadly mistaken. Soon school will close, roads will breaks up, bridges will fall, there will be electrical blackouts, clean water will be in short supply and be rationed, the air will begging to took and smell like it did 100 years ago. 40 years ago taxes were higher, the country owed less that one trillion dollars and schools and services were in good condition. In 1950 the U.S. population was half what it is today and people expect to have the same services or more with less in real money to do so. (We paid 3.85% tax of our gross income for 2010. What a country, everything is free.)

    April 12, 2011 at 4:45 pm |
  69. david-seattle

    he should say" i am not seeking re-election after all, since i am not the man people elected me to be... " i have failed at writing out of existence ,in financial reform, the speculators who destroyed our economy and failed to keep the shareholder welfare within healthcare costs down due to lack of proper negotiating with non working investors who skim off healthcare costs while getting tax breaks.

    April 12, 2011 at 4:49 pm |
  70. Randy

    Dear american people, The u.s.government has been turned into a red-light district for the corporations and the rich. Every politician you see is on the take. This has been the case for thirty years. We are no longer in a democracy, we are in a fascist state. On my way out of the country, i would urge you to forget elections and the courts and bring whatever pitchforks, tar, or feathers you can find and get your country back.

    p.s. The class war that started during the great depression never ended, the middle class just didn't know it.

    April 12, 2011 at 4:52 pm |
  71. Robby Bowling

    Is it what did he say or what does he mean. What he'll mean is buy yourself some KY Jelly & bend over. Him & his "wheres the money" buddies wont stop til the last buck drops. Few people understand what these crooks & educated idiots are really up to. This agenda is putting another nail in America's coffin. This will be another classic Obama fear mongering moment ( repub. plan will kill & harm old ,young,women, & minority's) . His plan will save the day by taxing every single thing of value in this country. Personally I just as soon he'd just shut up !!!!

    April 12, 2011 at 4:57 pm |
  72. steve - virginia beach

    He should give the same speech he gave on 3/29/2006:
    The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing
    financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.- Sen. Barack Obama (D-IL), March 20, 2006

    April 12, 2011 at 4:58 pm |
  73. George in PA

    Senator Obama campaigned on a slogan of "change". On Wednesday, President Obama should admit that when we pay down the debt we'll only be left with "change' in our pocket!

    April 12, 2011 at 4:59 pm |
  74. Scott Stodden

    He Should Say That He's Going To Recommend A Freeze On Unneccassary Spending, Raise Taxes On The Rich, Roll Back The George W Bush Tax Cuts And Create Jobs!

    Scott Stodden (Freeport,Illinois)

    April 12, 2011 at 5:04 pm |
  75. Adnan From Connecticut

    President Obama should say $38.5 billion dollars is nothing compared to $14 trillion! Congress and the federal government should cut $380 billion. Maybe that will do something.

    April 12, 2011 at 5:05 pm |
  76. Karl in Flint

    All I want to hear is that everyone will be paying the same rate in income taxes. If all the income in this country was taxes equally, without loopholes, I don’t think we would be in that bad of shape. We need tax reform more then we need to cut services. Granted there is a lot of fat and fraud in the system and it should be eliminated, but I don’t think Congress under the Republicans is capable of doing it. Too much untaxed income is going into their coffers to keep it that way.

    April 12, 2011 at 5:06 pm |
  77. AzRose

    Whatever he says in his speech won't make much difference unless his actions support what he is proposing. I would like some real facts and figures not just words about cutting spending, I want to know how much, I am looking for a real commitment not just promises. We have heard his promises before and he hasn't kept a lot of those promises. I will only believe what I see, not what I hear.

    Rose, Glendale, Az

    April 12, 2011 at 5:07 pm |
  78. Deb in MT

    He should say that we are going to refuse to cut Medicare/Medicaid and that Social Security is off the table, but that he will look at bloated defense spending and corporate tax breaks that have allowed corporations to not only make huge profits without paying taxes, but to also get massive refunds from the IRS (I'm lookin' at you, G.E.).

    Then, he'll promise to go to the mattresses to overturn the billionaire's tax cuts that BushCo. enacted.

    That's what I'd love to see, but since President Obama has–as some wag mentioned elsewhere–been folding like a cheap lawn chair when battling Republican idiocy & greed, I'm not going to hold my breath.

    April 12, 2011 at 5:08 pm |
  79. Sean in Michigan

    How about "I'm actually going to take this seriously" or "I'm finally going to try this leadership thing everyone keeps talking about?"

    April 12, 2011 at 5:09 pm |
  80. Clayton Siem

    Everyone is talking about how much Social Security, Medicare, and other "Entitlements" cost the taxpayers each year. Meanwhile, no one seems to be asking, "How much do we spend each month for our deployments in both Afghanistan and Iraq?" Given a choice to either spend our precious tax dollars to fund Medicare (for our fellow Americans), or buy more bullets to shoot at Afghans, I would think, at this point, the choice to keep our dollars here at home to be self-evident. Apparently, and unfortunately, our leaders do not seem to agree.

    Maybe the President will discuss this?

    April 12, 2011 at 5:10 pm |
  81. Julie in Arlington

    He should say "I quit" and then maybe we can get someone in there who cares more about what happens to the country than getting re-elected.

    April 12, 2011 at 5:10 pm |
  82. Nancy, Tennessee

    President Obama, when running for President, said that he planned to look at every line in the budget and make cuts to programs that are unnecessary. Now the task is so daunting that all of the lawmakers just want to look at the big items and cut entitlement programs such as Social Security and Medicare. They forget that some of the frivilous small items add up to millions, billions, and trillions of dollars. There are government watch groups that have told us for years about subsidies that are being paid to ranchers to grow certain sheep that produce wool that was used for uniforms in WWII. Isn't it time that all the programs are looked at for their usefulness in the 21st century. We approve programs and never revisit them to see what we are paying for 25-50 years later. It's time to clean up.

    April 12, 2011 at 5:10 pm |
  83. CBM

    President Obama should say FLAT TAX for all, which would eliminate the deficit in 4.6 years.

    April 12, 2011 at 5:10 pm |
  84. Carmel Hopkins

    President Obama should tell the country he is pulling American troops out of Iraq and Afghanistan and cutting the Defense budget in half. That's where all the big bucks are going. Cutting entitlement programs is like telling someone he's going to die from a hangnail — ridiculous.

    April 12, 2011 at 5:11 pm |
  85. kerry

    "I quit".

    This only works if all of congress quits with him.

    April 12, 2011 at 5:11 pm |
  86. Pierre Angiel

    He should say I will:

    Tax the rich
    Tax corporate profit
    End the three wars now
    Put duty on Chinese goods

    Or he should say I am not running again.

    Lots of luck.

    Pierre in Miami

    April 12, 2011 at 5:11 pm |
  87. Ralph Nelson

    He should do something no other President has done: Educate the American people about Economics. And educate the American people about the budget and its affects on the Economy. Huge budget cuts well simply "deflate" the economy and lead to a deep recession. I absolutely guarantee it. Well the President do this? No. Why? Cheap politics and a poorly educated American people. Sad. MBA

    April 12, 2011 at 5:11 pm |
  88. Michael

    Enough debateing about what to cut...All federal spending will be cut 10% across the board. Yes all federal employees will get a 10% paycut. Tough, join the club.

    April 12, 2011 at 5:12 pm |
  89. Cory A

    I'd like to hear him say why are we even letting the tea party and republicans dictate and take away from the working class, poor, disabled and women's health and give that money to the wealthy and special interests? I wanna hear him say enough is enough I am not gonna allow the people elected politicians constantly make the americans suffer by taking from them til they are homeless, without jobs,insurance and dignity while the rich get richer, this stops now, we work for the people not for ourselves or corporate intersts!

    April 12, 2011 at 5:12 pm |
  90. Dianna

    The President should say "I'm sorry America, I was pushed ahead by the Democratic machine in Chicago and I simply don't have the experience to run a country. and it's not fun being the front man for ideologues."

    April 12, 2011 at 5:12 pm |
  91. Ros - Illinois

    The President should begin by saying that the Bush tax cuts are going by the wayside as it will help pay off the debt faster than anything else that he could cut. He should say I am trying to get the books straightened out that I was handed on Jan. 20th. 2009. The ones doing all of the bawling is part of the problem of getting our Country into a pickle.

    April 12, 2011 at 5:13 pm |
  92. frank dileo

    what can he say other than we have to stop running deficits? this fiscal irresponsibility has been going on for decades. every year they draw a budget up that they all know will add to the debt. all he can say is not this time!! oh yeah......and actually do it

    April 12, 2011 at 5:13 pm |
  93. Richard C.

    The 'teleprompter-in- chief' will read another speach that says nothing to address his incredible spending and lack of leadership. How about reducing foreign welfare and internal waste!
    He's got nothing, and I expect the same.
    Malvern, PA

    April 12, 2011 at 5:13 pm |
  94. Edwin R. of Apopka, Florida

    I don't think he should say anything at all. The national debt and the deficit are so out of control, there's no way Pres. Obama, or any of the next 20 presidents after him, can fix it.

    April 12, 2011 at 5:13 pm |
  95. dave in nashville

    He's said enough already, let those brilliant house and senate leaders battle out what should have been done months ago.
    BTW Jack, I thought they were all against earmarks, but some how the old grey wolf crept in. Amazing.

    April 12, 2011 at 5:13 pm |
  96. Deborah Seibert,. Co

    He should say he is bringing the troops home and putting them on the southern border and is cutting EVERYTHING ELSE, EVERYTHING ELSE AT LEAT 20% TO START.

    April 12, 2011 at 5:13 pm |
  97. Izet from Utica NY

    Jack, president shouldn't say anything. I don't trust him any more. Whatever he says will be another lie. So sad but truth.

    April 12, 2011 at 5:13 pm |
  98. roger

    It's obvious that corporations like GE and the wealthy have to pay their fair share. It IS a revenue problem. Sorry GOP but slash and burn will not solve the problem. NPR, women's health: ridiculous and not even a good try.

    April 12, 2011 at 5:13 pm |
  99. Valerie

    PRESIDENT Obama should portray himself as the "man in charge" and not just the guy we look up to. He should take the view of, we need government to govern. We all have different views and all should be considered. These differing views is what makes the melting pot stew with anger and then present itself with the best of all to consume and digest. We all want a little of each of us in the dialog. If you leave out some ingredients, well, we notice what is missing. Make the recipe a bit of everyone's idea of the best that we love!

    April 12, 2011 at 5:13 pm |
  100. John Duvall

    Jack, I think President Obama should accept most of the recommendations from his own study panel. He should clearly explain his reasons for not accepting those proposals he rejects. Most of all, he should take a balanced approach. We need it all – tax increases, cuts to defense, and cuts to entitlement programs. That's the approach to go beyond ideological squabbles.

    April 12, 2011 at 5:14 pm |
  101. Mike

    Jack,
    Pres Obama should say:
    #1) We're pulling out of Afganistan, Iraq – stopping payments to Pakistan
    #2) Charging a Million dollars a day for rent the UN building/NATO
    and
    #3) to all politicians in DC – YOU'RE FIRED

    that should put a dent in our deficit.

    April 12, 2011 at 5:14 pm |
  102. noreen

    It doesn't matter, because congress isn't going to let anything pass that Obama wants anyway ,no matter how much sense it makes. Do the people remember how he wanted to get more money by dropping the corperation tax credits. Obama isn't the one man team that decides for your country. People need to do their homework on how their govenment works.
    Canada

    April 12, 2011 at 5:14 pm |
  103. Dan Tomkinson

    He should say he's hiring Krugman and Stiglitz for his economic advisory council.

    We've been running supply side economics and deregulatory policies since Reagan and we've had economic crisis followed by bailout during each subsequent administration, including Reagan's own.

    How many failures will it take before our political class and DC Mouse circuit media admits that trickle down coupled with deregulation is a fraud designed specifically to enrich the elite ruling class in this country specifically counter to our constitution's well known intent.

    Every single program cut in the 2011 budget hurts the poor, the working poor and the middle class. Just like every other single policy decision for the last 15 years.

    Cafferty....Trickle down is a fraud. And when coupled with deregulation, it's actually criminal.

    April 12, 2011 at 5:14 pm |
  104. John

    I am resigning as of today and I ask all who want to leave with me, meet me at the back door of the White House and I will give you a ride.

    April 12, 2011 at 5:14 pm |
  105. Diane

    President Obama should not use the budget to set up his 2012 re-election. He should consider instead what is most important to americans: Eliminate the deficit! Come on President Obama, its not always about you!

    April 12, 2011 at 5:14 pm |
  106. Michael Armstrong Sr. Sherman Tx.

    What he say's is one thing and what he does is another the quickest and best way out of this mess is to end all these useless wars that were in and bring our troops home including Japan and South Korea its time to let the American police force take a long vacation .

    April 12, 2011 at 5:14 pm |
  107. Jack Dawson

    President Obama should talk about cutting the Congress down to 100. We only have 100 Senators so we should only have 100 Congressmen. That would save millions of dollars a year.

    April 12, 2011 at 5:14 pm |
  108. Kit Hood

    Increase taxes on those makingmore than 250,000 a year. End corporate and agricultural welfare!

    April 12, 2011 at 5:14 pm |
  109. Kathie

    Social SEcurity, Medicare and other entitlements are only a small portion of the budget and will not be affected. Instead, military bases around the world will be closed (no other country has a base in ours), the troops will be withdrawn promptly from Iraq/Afganistan, no further military action will be taken around the world, no further money will be offered unless approved by congress and the taxpayer and our dollars will be kept at home. Outsourcing of our jobs will cease. Only clean bills–no add ons (aka pork barreling).

    April 12, 2011 at 5:14 pm |
  110. Katheryn Godette

    THE REPUBLICANS ARE CRAZY! Americans need Medicare and Social Security!

    April 12, 2011 at 5:14 pm |
  111. Sue

    The top ten percent of wage earners in the US control 73% of the nation's wealth. It's simple math - raise taxes on the top 10% and poof - no more deficit. Obama was elected based on his promise to raise taxes on those earning over 250,000 per year. It's time to follow through on the campaign promise.

    April 12, 2011 at 5:14 pm |
  112. Sonya

    I'd like to hear him say one of two things.
    Either:
    Let's bring our armed forces personnel home and put them to work doing direct border protection (thereby saving loads of money on logistics)
    Or:
    Let's withhold payment of salaries to Reps and Senators if they don't get over themselves and pass 2011 by this Friday AND 2012 by next Friday (thereby saving loads of money on B*S*)

    April 12, 2011 at 5:14 pm |
  113. Judi Davey

    This is a huge crisis. Everyone has to contribute by a one year (or up to 3 year) flat tax increase. If you have a job you have to contribute something. Everyone has to give up something including social security (which I use by the way). We must be aggressive to get through this; AND also plan to change the tax code, make cuts for the future – soon!

    April 12, 2011 at 5:15 pm |
  114. hank

    The message should be let's cut the middle and working class and give more to yje wealthy after all they create the job. Just look at how well that has worked

    April 12, 2011 at 5:15 pm |
  115. margaret

    Military spending should be cut, we should not be the police of the world, and we should not produce war machines the pentagon does not even want. We will save huge amounts of money by protecting our shores and not nose into others affairs. We also need to stop funding projects with social security and medicare taxes that were levied on the wages of the workers. Remember Al Gores statement of a lock box? Where is it? We need to see the wealthiest Americans pay more taxes, and stop beating up on the middle class.

    April 12, 2011 at 5:15 pm |
  116. Marty from Cheboygan Mi

    He should say that he's gonna make the tough choices and cut from some popular entitelment programs,but not without raising taxes on the wealthy.These people seem to be quite frightened of losing a few dollars at the end of the year.Come on! it's not gonna be that bad,you'll still make it by very comfortably.

    April 12, 2011 at 5:16 pm |
  117. Harry Lime

    The Nation Magazine, MSNBC, Michael Moore and others are telling us that the country is not broke, we're doing fine, there is no debt crisis, and that money's just in the wrong place. Obama should tell is everything will be fine because the 'experts' have said so.

    Harry Lime
    Tampa

    April 12, 2011 at 5:16 pm |
  118. Hugh Lashlee

    I'm sorry, I over-reached. I didn't understand the difference between two trillion dollars revenue and three point seven trillion dollars expenses! "No-body ever "splained" it to me this way!!!

    April 12, 2011 at 5:16 pm |
  119. mike

    Hes should tell the truth and say he will make a decision on who pays him the most! We need leaders not interested in getting paid off and who have real investment in the economy of the U.S.A...TRUMP FOR PRESIDENT

    April 12, 2011 at 5:16 pm |
  120. mike northampton

    lets hear someone talk about raising the SS maximum from 106,000 , lets talk about reducing military budget, close bases around the world, change the tax code so corporations begin to help pay there fair share....

    April 12, 2011 at 5:16 pm |
  121. Martha Campbell

    He should apologize for not having the courage of his convictions and giving the right wing and the rich everything they want. He should apologize for taking more and more from the average citizen while giving more and more to the wealthy. He should apologize for having a congress that does not care about the average citizen, only their HUGE cut of the pie. THen he should say enough is enough and do what is right by the American people and fight the republicans as dirty as they fight him.

    April 12, 2011 at 5:16 pm |
  122. mordok

    Obama should cut 100% and I mean all of the forein aid we should not be giving any money to other countrys. If they cant stand by them selfs then they do not diserve to exist. It is not owere duty to save them

    April 12, 2011 at 5:16 pm |
  123. Pat Isaacs

    We must put more money into the hands of the middle class. HIgher taxes for the rich and unleash the credit markets for small business. Base entitlements on need. If you are financially well off, lower entitlelments.
    Ten percent of the weathiest people, make 40% of the total payroll of the US, but they do not spend, or reinvest that income into the system, decreasing consumption. We can only escape this dire social and economic depression by deceasing entitlements and increasing consumption.

    April 12, 2011 at 5:16 pm |
  124. Den from Gwinn

    Since the dems want the government to be everything to everyone...we are going to tax registered democrats an additional 30% to cover school funding, food stamps, and every other social program they want.
    As for the GOP- no more tax breaks or subsidies for farmers, oil people, and bankers. Lawyers will pay an extra 30% just for being lawyers. Plus a 30% tax increase to give a raise to all our soldiers and to buy all the toys the Pentagon wants.

    Thank you and good night. I'm gonna go squeeze some fruit.

    April 12, 2011 at 5:16 pm |
  125. Stetson

    President Obama must reach out to the right, and press for more bipartisanship that led to the prevention of the government shutdown. Secondly, he must also reaffirm his credibility with the Democratic Party. Many of his own party voted against the last-second escape bill used to extend the due date of a shut down, and if he intends to have a secure position going into a 2012 Election that is riddled with Right-wing favorites that could easily rival Obama in a contest, given that the President doesn't seize the political opportunity of the budget. Fixing the budget and reaching out to the right will lose some Left-wing voters, it will gain moderates and the ever-crucial Independents that elected him. The Libyan Civil War was somewhat of a dubacle for the Obama administration; if the budget could be another strike against the President, and could easily cripple a reelection bid.

    April 12, 2011 at 5:17 pm |
  126. James Thorton

    Jack, The first place to start cutting the budget is with the big federal spending for cogressional salaries. A freeze should go inot effect for congressman and the president. Free education for congessional families and aides should halt. After finding any way we can to reduce the amount of money we spend on congress ,should then we look elswhere.

    April 12, 2011 at 5:17 pm |
  127. Allen D Hurst, Bonne Terre, Missouri

    We are sorry, very sorry, for wasteing your time and money, We are pleased to announce our surrender to God, and will be takeing his advice from now on.

    April 12, 2011 at 5:17 pm |
  128. Dave S. Zuk

    The President inform the Republican Party, that the non-tax paying days of their living-high-on-the-hog contributors are over. Taxes will be raised. The Nation is in dire states. It requires more revenue not more cuts. And the military will no longer fight to defend Big Oil objectives. Those companies are multinational and rich. Let them hire mercenaries.

    April 12, 2011 at 5:17 pm |
  129. David Nova Scotia

    He should start with the truth, America spends more money on Defence than the rest of the world combined. If Congress does not start with a significant cuts in Defence nothing can be accomplished due to the fact 2500 per day in America are now turning age 65 as we enter the Senior Boomer Generation full time.

    April 12, 2011 at 5:17 pm |
  130. Bob in Florida

    Jack:

    President Obama SHOULD SAY in tomorrow's speech that he is GOING TO RAISE TAXES ON THE WEALTHY AND CORPORATE AMERICA so they pay their fair share to reduce the budget shortfalls CAUSED BY TAX BREAKS FOR THE WEALTHY.

    I """CANNOT""" believe the majority of the American people are sitting back and NOT SAYING ANYTHING about the TREMENDOUS disparity between the middle and poor classes and the wealthy and ultra wealthy class in this country and how the middle and poor classes are getting stuck with the debt, getting stuck with budget cuts, getting stuck with the short end of the American pie for so long, so completely, SO UNFAIRLY.

    IT IS TIME TO RISE UP AND DEMAND FINANCIAL EQUALITY......TODAY!!!!!

    April 12, 2011 at 5:17 pm |
  131. Lyle Smith

    The president should say: Enough is enough! We just can't afford to keep spending blindly! It's high time the US Government started to walk the walk! They chastise the middle class just because we follow thier lead and spend more than we can afford? Really? I wonder where we got the idea from. And when will we finally go to a flat tax rate across the board, and eliminate the thousands of tax loop holes that were conveniently made for the rich? Enough is Enough!

    April 12, 2011 at 5:17 pm |
  132. Charles

    It's time to put an end to American empire. Sell off the military bases in Germany and all around the globe. Let the corporations pay for their own security forces while they take American jobs offshore and exploit the resources of third world countries.

    Then end the Bush tax cuts. They were a failure under Bush and their still a failure under Obama.

    April 12, 2011 at 5:17 pm |
  133. o. g. bunting

    Obama should propose a constitutional amendment limiting terms of congressmen and senators to one four year term. Until we eliminate re-election we won't have the motivations necessary to have representatives make the decisions needed to save the country. This would also limit the influence of lobbyists, reduce bloated staffs needed for re-election, and make representatives objective about solving problems.

    April 12, 2011 at 5:18 pm |
  134. Gigi Oregon

    Cutting back is not the answer. He needs a flip chart showing us what the debt is,
    * Could be because of tax cuts to the rich
    *two wars that we did not prepare a budget for or a war tax.
    *and how much more is bad management of the last administration.

    What did the democrats and Clinton leave for Bush was it debts, or a surplus and debt reduction? If I remember right we cleaned up Daddy Bushes debts.

    Did Obama forget about Jobs, probably but the unemployment is heading down ward.

    What is needed is a flat tax. where everyone pays taxes. It would help if corporate America would bring home their overseas profits and pay taxes on 35% of that profit. If we want a strong America we all need to add to the revenue.

    I haven't heard of one corporate business that wants to be first to bring back a strong America. It's all talk and no action. If I held back on my taxes I'd be in jail.

    The republican way is let our grandchildren pay for the debt.

    April 12, 2011 at 5:18 pm |
  135. Isidore

    I expect him to lead this fight against the rising debt of this great nation. Please Obama, cut spending and raise taxes. Cutting spending alone like his opponents think will not get us out of this mess. The government needs the revenue or we are done forever.

    April 12, 2011 at 5:18 pm |
  136. ROB MACGREGOR

    President Obama should say that we can no longer afford to be the world's policeman. We can protect our country at home and stop getting involved in costly wars in small Mideastern countries. Cut the military budget in half, raise taxes on the richest 1 percent back to the Clinton era rates, cut unnecessary bureaucracies including the TSA, Homeland Security, and eliminate half of the overlapping federal investigative organizations.

    April 12, 2011 at 5:18 pm |
  137. Angela Savage Austin

    Togther we rise...divided we fall...that the truth....You Jack have a job and the rest of CNN staff have a decent income. The rest of us are fed to the dogs. I could do your jobs but I am a Black 56 yera old woman...lets just say 56 years old. I was more creative than most of you at the age of 8 years old. Our President knows this....doors open for you white people...the rest of us...wish...pray...or are just tokens. Test me if your dare!

    April 12, 2011 at 5:18 pm |
  138. Amanda

    If he loves the American People, he should say "I Quit" and step aside and let someone like Donald Trump who knows business instead of small community organization lead the biggest business in the world.

    April 12, 2011 at 5:18 pm |
  139. steve

    What should the President Obama say ????? Really , there is nothing he can say .... we are past the tipping point and will completely implode very soon , probably right after the 2012 elections . No matter what the Congress or White House does in the future it will be to no avail . Those that really have the power , wall street , global corporations , the very wealthy and so on , have just about drained this nation dry and are even now moving their money and power to greener pastures . I'll bet their Lears and Gulfstreams are already packed and fueled for flights to China , Switzerland and so on . At the first sign of major civil unrest and rioting they will by flying out of the country laughing their you know what's off !!!

    April 12, 2011 at 5:18 pm |
  140. Rick from New Yrok

    Obama could always say what Vice-President Cheney told the Secretary of the Treasury a few years ago. "Reagan proved deficits don't matter."
    .

    April 12, 2011 at 5:18 pm |
  141. Robert Berkeley

    President Obama should announce that as the Commander in Chief of the American Armed Forces he is going to remove all of our military by years end from the debacle of Afghanistan and Iraq and that he will recommend reducing the truly wasteful defense budget by 50% as well as seeking a National Referendum to raise the taxes on the swinish top 10% of the American Royalty. This way he can go around the obstructionism of the Republican party and their support of the criminal Bush tax cut and remedy the 9 year trillion dollar waste of the inept Bush military adventure in the Mideast.

    April 12, 2011 at 5:19 pm |
  142. margaret

    California
    Military spending should be cut, we should not be the police of the world, and we should not produce war machines the pentagon does not even want. We will save huge amounts of money by protecting our shores and not nose into others affairs. We also need to stop funding projects with social security and medicare taxes that were levied on the wages of the workers. Remember Al Gores statement of a lock box? Where is it? We need to see the wealthiest Americans pay more taxes, and stop beating up on the middle class.

    April 12, 2011 at 5:19 pm |
  143. Leann

    If he would say I cannot handle this job and "I quit "!! There would be dancing in the streets in my town!!!

    April 12, 2011 at 5:19 pm |
  144. Jimmy Lee

    Why not adjust the debt ceiling to reflect the budget you just passed... I guess that just makes to much sense...You are just having the same argument over again... MOVE-ON !!!

    April 12, 2011 at 5:19 pm |
  145. Gary H. Boyd

    The majority of citizens who work and pay taxes do not trust President Barack Hussein Obama and did not vote for him. He was elected by the larger majority who do not work, are on welfare and do not pay taxes.
    The comments he makes in his speech had better be a kick in the butt to those on the dole to get out and get to work. Those working and contributing are fewer that those not working and on the take. In other words this country currently has more takers than givers. It's as simple as that. If he were forthright, he would acknowledge that fact.

    Gary in Scottsdale, Arizona

    April 12, 2011 at 5:20 pm |
  146. David T Oregon

    The only thing I want to hear from President Obama is that he is resigning! He has not kept 1 single promise he has made to the American Public such as doing what the voters ask! IE Healthcare reform we did not want!
    This President has spent and wasted more of the tax payers money running around the world in Airforce 1 and for what? So his family can see the sights! He has spent more time out of office than in it!
    He needs to go along with Congress and the Senate we need to just fire everyone in the Federal Government and Statrt over!

    April 12, 2011 at 5:20 pm |
  147. Annie, Atlanta

    He should say the GOP is endangering our fragile recovery as well as Americans who can no longer afford food, shelter, and medical care, with their draconian cuts, and he’s not standing for it. Instead he’ll gush about newfound bipartisanship, even though it’s really hostage taking and blackmail. You’d think a Harvard grad would know the difference.

    April 12, 2011 at 5:20 pm |
  148. Pam Glass

    Medicare, Social Security and Medicaid must be addressed, and now! If they continue to grow unchecked, there will never be a balanced budget.

    April 12, 2011 at 5:21 pm |
  149. Claudia, Houston, Tx

    The President should talk about debt forgiveness, after all we have always been the leading country to step up and bail out other countries. That wouldn't be begging, it would be asking for what is owed.

    April 12, 2011 at 5:21 pm |
  150. barbara

    we're supposedly protecting other countries human rights, and we're taking medicare, and social security from america's older population. where is human rights really needed???

    April 12, 2011 at 5:21 pm |
  151. Gretchen

    Jack,you and wolf wanting specific is Classic! I mean really,you and wolf who stood for no specifics and watched george w bush run this country in the ground? I must say how dare either one of you.This president saved this country from depression or have you forgotten?
    It is more than convenient to forget the 8 years that got us to this place,it is just another attempt to make this president seem as though he has destroyed this nation ,which is ridiculous!Stop trying to re-write history.Please look back it was only three years ago.So whatever President Obama says,it will still be better than what is ignorance we endured for 8 years under Bush.How's that for specifics?

    April 12, 2011 at 5:22 pm |
  152. Luke LeBoeuf

    President Obama should say that he is going to cut the wages in half for those whom serve in the House Of Representatives and also Congress. I also believe that the President & his wife should also take a pay cut. Do not mess with Social Security, Medicare and Medicaid. I am disabled and my mother disable – retired. August of 2005 she ha a liver transplant and she needs her Medicare & Part D & Medicaid to pay for her Anti Rejection Medication and the medication called Epivir to keep the Hepatitis dormant. And I need my medications also to keep me from getting ill.

    April 12, 2011 at 5:22 pm |
  153. diridi

    1. cut the salaries and benefits of all the congress and senate....including himself...
    2. bring back all the troops back to usa, and put them on mixico border, and canada border...
    3. let us work hard to solve our problems of clean energy and though immigration, and infrastructure, medicaire, social security, education, education, and education....America lacks education, o.k...

    April 12, 2011 at 5:22 pm |
  154. john chapman

    Jack,
    Pres. Obama should tell us all that its time to pay our fair share. Thats right....raise taxes. For thirty years weve been cutting taxes and it hasnt made the country more prosperous. Theres no way to cut enough to solve the budget problem, thats why politicians are having a hard time identifying programs to cut. And besides that, cutting programs that are necessary to our future prosperity like education is just being pennywsie and pound foolish.
    In 1945 our Debt to GDP ratio was 116%. By 1980 it was down to less than 40%. In those 40 years we funded the Marshall plan, the G I Bill,
    built the interstate highway sytem, financed homes thru the FHA, fought the Cold War, Korea and Vietnam.
    The sky is not falling.

    April 12, 2011 at 5:22 pm |
  155. Ray in Knoxville

    He needs to remind us that any society that does not look after it's elderly and truly underpriviledge, doesn't deserve saving, and that the American government is going to stop pandering to the rich and multi-national corporations and start looking after all American's again, with responsible tax policies, common sense regulation and economic policies aimed at job creation.

    April 12, 2011 at 5:22 pm |
  156. ken, atlantic city, nj

    He should say he is going to balance the budget by cutting defense 25%, freezing all nasa flights except for satellites and eliminagting all corporate welfare. Unfortunately he won't because he is just another corporotist ,neocon.

    April 12, 2011 at 5:23 pm |
  157. June Jordan

    I think two major budget cuts...
    1...... Bring troops home from Afghanistan and close miitary bases in all countries but US..
    2... cut Corp Welfare to the bone..

    and you and Wolf should walk over to FOX News where you belong..
    thanks

    I live in TX
    thanks

    April 12, 2011 at 5:23 pm |
  158. Judy

    My fellow Americans, I've decided to put all of us and our future ahead of Politics even though I will probably be a one-term President. I will address our national deficit by taking the recommendations of the Deficit Reduction Commission and do everything in my power to persuade the U.S. Congress to follow suit. In order to save our Great Country, I ask each of you to stand with me. Thank you for your support and may God Bless American. Good night.

    April 12, 2011 at 5:23 pm |
  159. Steven in Chicago

    Raise Millionaire Taxes to pre-Regan levels. Remove caps on Social Security payroll taxes. Downsize the Pentagon, especially the number of generals and their staffs (50% would be a good start), end the wars now, and put single payer health care back on the table. Tax cuts for the wealthy have not now or ever created American jobs. Jack, you should stop letting them get away with saying they do. They create jobs in Mumbai.

    April 12, 2011 at 5:23 pm |
  160. John Moore - New Britain, PA

    The President should firstly cut hard on projects that can be defined as Pork, that way he will immediately gain public support for what must be done. Changes should begin with defense cuts starting with the elimination of several overseas bases and continue with a tax increase for those earning over $500k. Following on should be simplification of the tax system with the elimination of loopholes that give breaks to special interests. Corporations should not be allowed to write of all tax liability – there should be a Corp minimum just as there is for the individual. As for Social Security which is not really a problem but makes a good smoke screen for the politicians there needs to be changes such as taxing more income at the upper level instead of having the existing cut of plus add a couple of years to the qualification age. Eliminate the eligibility at 62 for all except people who worked as manual labor during their career.

    April 12, 2011 at 5:23 pm |
  161. Sue

    He should just say "no" to Paul Ryan's worn out plan of giving even more tax cuts to the wealthy 10% who already control 73% of our nation's wealth. They should be paying more taxes, not less. The wealthy have been given tax breaks for 8-10 years with the Bush Tax Cuts, and where are the jobs the rich will supposedly create? These tax breaks have done nothing but increase the nation's debt. Why would more tax cuts help?!!!

    April 12, 2011 at 5:23 pm |
  162. ed martinez

    '"I am appointing a committee of respected experts to include socialized medicine among the other healthcare reform options. Healthcare accounts for approximately one seventh of the Nation's GDP and projected Medicare costs, if unchecked, could be the hair to break Uncle Sam's back - the numbers don't lie. There is no reason therefore to let past prejudices stand in the way of looking into all contingencies. It has worked well in other Democratic societies and if there is a chance that it could save us from fiscal doomsday, I want to know."

    April 12, 2011 at 5:23 pm |
  163. Paul

    Jack, I think the President ought to use his speech to explain to the American people: i) that government is NOT like a family, in fact when families are tightening, it should be doing the opposite to keep up demand, not the same thing; ii) that the 'spending problem' is a phony, it was all made necessary by the disastrous Bush Recession that low taxes and low regulation caused; iii) that the middle class has suffered enough, and it was time for the wealthiest Americans to bear their fair share of the costs of repairing the economy for everyone–raising taxes to the Clinton prosperity levels of 39.6% to the current top bracket, with a Reagan-era 50% level for those making over $10M; and iv) that there should be no, and repeat no, changes to the basic structure of medicare-guaranteed healthcare for the elderly. There are many savings the healthcare system needs to do, but coverage and care are not on the table.
    Can you imagine what private insurers would charge elderly patients, and what they would do to them if they became ill? No one, except the super-wealthy, could save for such an occasion.

    Paul, Seattle

    April 12, 2011 at 5:24 pm |
  164. Annie, Atlanta

    @Loren in Chicago – do you honestly think what any of us think matters? Seriously. It's all about keeping his job, and that means he has to suck up to the monied interests.

    April 12, 2011 at 5:24 pm |
  165. h. marsh

    Jack this is what Obama won't say. No specifics on entitlements.
    This will be used as his campaign speech for 2014.

    April 12, 2011 at 5:24 pm |
  166. Brad in Wisconsin

    Well if he wants to be re-elected I think he needs to say we need to lower the national debt ceiling and give a plan to at least meet Paul Ryan's $5 trillion if he is going to be taken seriously. I don't think any other answer is going to be acceptable for the general public. Voters will remember what happens now in November of next year and this may make all the difference. If congress and the executive branch don't deal with this now, they will most likely regret it come election day.

    April 12, 2011 at 5:24 pm |
  167. Jay Hatheway

    I am disappointed that you and quite a few Americans hold deficit spending in such disrepute. No less an economist than Paul Krugman understands that deficit reduction is a product of increased revenue: tax increases upon the most wealthy as well as a decrease in unemployment. Revenue increases as more income taxes are paid: more tax revenue comes from more people paying taxes. If the private sector cannot provide stimulus, then the government must–the Keynesian solution too many Americans reject. Keep in mind the Great Depression slammed shut with the advent of WWII, and the limited deficit spending of FDR was magnified by a factor of 100. The War was a massive exercise in Keynesian spending, and no amount of childish Katzenjammer can get around that. Our current deficit is in large measure the product of 8 years of Bush II tax cuts, mixed with an aversion to deficit spending the goal of which is to squeeze out social programs for the bulk of Americans in the name of laissez-faire capitalism, balancing the budget and the maintenance of American exceptionalism. What a profound scam. Jack, I thought you knew better. Jay H in Stoughton Wisconsin.

    April 12, 2011 at 5:25 pm |
  168. Steve in NC

    The president should throw out his previous policies and get serious about the nation's financial health. Deficit REDUCTION? Meh. t's time to END deficit spending. Propose a BALANCED budget. Moreover, include significant overhead to start paying off our federal debt. At 500 billion a year, it will take over 28 years to pay off.

    End our involvement in Iraq, Afghanistan, and Libya.
    Bring our troops home and close foreign bases.
    Fire all contracted mercenary troops/armies.
    Slash the Pentagon budget.
    Turn our "WAR" department into a true Defense Department.
    Pass no bills that are not funded by other cuts or new revenue.
    That will be a small but solid start.

    It's time to right this ship and set sail for somewhere other than Davy Jones' locker.

    April 12, 2011 at 5:25 pm |
  169. Brian

    He should ask Congress to reduce the voting age to 15 and remove the vote from those over 70. That is the only way to prevent the older generation voting benefits for themselves at the expense of younger Americans. If the first 15 years of life are disenfranchised, so should the last 15 (average life expectancy 85).

    April 12, 2011 at 5:25 pm |
  170. Reed Hart

    I would love to hear from our President, what anybody would love to hear in an emergency...
    A voice above the fray, with authority and conviction

    April 12, 2011 at 5:26 pm |
  171. Tricia in New York

    President Obama should say "This job is not as easy as President Bush made it look, so I'm going to be voting for Donald Trump in 2012 because he's a smart guy who knows how to make deals."

    April 12, 2011 at 5:26 pm |
  172. Steve D

    Jack

    He should say (similar to the buck stops here): "Tonight we stop kicking the can down the road". The most important issue facing this nation is our financial condition which is DIRE. I am proposing each and every one of you along with all of the members of congress work together for our common good. EVERYONE must take a hit and EVERYONE will benefit from a debt free government. I will do everything in my power to make the cuts fair and non political.

    Where Do We Start? Social Security, Medicare, Medicaid, the Military, the government all need to be involved. We need to replace Social Security with a program just as good and maybe even better. A system that is financed up front and NOT subject to political tampering come each election. We need to come up with a program of Medical Coverage from crib to tomb that is affordable and paid for up front. Obama Care, Medicare, and Medicaid can all be folded into this new, maybe even better, paid for up front system. We need to examine our REAL military needs, decide where we should be and where we shouldn't be militarily, and we need to pay for any wars or uses of our military. If this means charging for our services....so be it. We need to simplify our tax system to eliminate deductions that allow companies like General Electric to avoid paying taxes while making billions in profit. The rich have to stop whining that they pay too much tax and do their part to help bring our house in order as fast as possible. The rich stand to benefit the most once we are back on a stable financial basis. We need to re visit ALL of our trade treaties and examine them for fairness. Countries that dump cheaper goods into our market in effect stealing our jobs have to be fined a sum equal to the amount of the jobs they are stealing. While we are balancing our budget the time has now come for a meaningful enforceable immigration policy that keeps track of those in this country illegally and forces them to leave once their time has expired. We need a legal way to immigrate which rewards people that come here legally and punishes those that bypass our laws.

    I know this sounds overwhelming and scary to a lot of you but considering the alternative it is the only thing we can do.

    April 12, 2011 at 5:26 pm |
  173. Sam in Florida

    Top 5 things Pres. Obama should tell the American people:

    5. We will leave Social Security alone because that is YOUR money, you have paid into for years and we, the government, have squandered the surplus on other crap.

    4. We will cut the number of "lawmakers" by half, as redundancies

    3. We will deport Paul Ryan back to 1950 Soviet Russia where his ideas belong

    2. We will dump the Tea Party into Boston Harbor

    And the #1 thing POTUS should say?

    1. We will cut 1 trillion dollars from the Fed defecit by slashing, to half, John Boehner's tanning booth budget!

    April 12, 2011 at 5:26 pm |
  174. Dennis Kirkpatrick

    Jack Cafferty,

    President Obama must first point out how many JOBS were also cut as the Republicans Bragged about forcing spending cuts. All Americans are complaining about lack of jobs. We will be complaining even more now that the Republicans prevented future JOBS. Now they will try to blame the President for not creating enough JOBS.

    Thank You, Dennis Kirkpatrick – Fairfield, Ca.

    April 12, 2011 at 5:27 pm |
  175. ....Chaney..... La.

    It doesnt matter what the president says about the budget, it will either be tooooo much or not enough, the Republicans are not going to agree on anything the man says, they want to win the presidency back........ then look out Jack........ no one will be safe....

    April 12, 2011 at 5:28 pm |
  176. Ken

    This job is to hard and I'm resigning this evening. Good luck and god bless America.

    April 12, 2011 at 5:29 pm |
  177. Rick Plainfield IL

    The President needs to acknowledge that the Republicans have taken the lead in coming up with an adult solution to the budget crisis and pledge to do the same. He also needs to pledge that he will work with the gang of six to adopt the framework of his own budget commission and include the best ideas of both parties.

    Instead of just saying the words "bipartisan", he needs to demonstrate bipartisanship by stating his proposals without the usual partisan talking points. This is our real "Sputnik" moment and is the last chance for the President to lead.

    April 12, 2011 at 5:31 pm |
  178. Tom Drouin

    The president should challenge congress to cut waste and corruption. medicare wastes billions every year. cut waste not services. get out of the middle east. CAMPAIGN FINANCE REFORM.
    Get big business out of government. cut loopholes for corporations. let tax breakes for top 1% expire. we just cut 38 billion when the tax rollbacks would generate $400 billion in revenue. keep it simple stupid. The president needs to get real and get a spine.

    April 12, 2011 at 5:31 pm |
  179. Douglas Pippin

    He should say he is returning all troops from the middle east and fight terrorism on our shores. He should say the money he will save by ending these wars will used to reduce the national debt. He should say that he is going to increase funds to education and fighting drugs. I don't see how asking to increase the debt ceiling will help to reduce the debt. Seems that would go towards getting farther in debt.

    April 12, 2011 at 5:32 pm |
  180. Fred Kellers, Franklin, TN (south of Nashville)

    President Obama should admit that people and governments rarely make changes until forced into it by disaster and ruin but he should say that he is going to make an effort to stave off disaster and ruin by attempting to follow the recommendations of the Presidential Commission. He should also say that he is asking Jack Cafferty, one of the few newsmen who will not pull punches, to become Director of the Office of Management and Budget.

    April 12, 2011 at 5:33 pm |
  181. Mark from Voorhees, NJ

    He should say, "No more Mr. Nice Guy." In addition to withdrawing from Iraq and Afghanistan on Monday, we're seizing the assets of Halliburton, and Blackwater and any other corporation that has defrauded the government. We are going to institute term limits, if they are not voted for, we will target each and every senatorial and congressional district and the People will vote out the laggards. We will tax churches to defray the costs of pedophile prosecutions. We are going to legalize, sell and tax drugs: Like abortion, if you don't like it, don't do it. We are going to have a single payer healthcare system, and the former insurance company employees can work screwing in dome lights on the new rapid transit system.

    April 12, 2011 at 5:33 pm |
  182. Paul (Charles Town, WV)

    "My fellow Americans, we are between a rock and a hard place. And now be prepared to be squeezed even more by a government that has made many irresponsible policies in favor of their puppet masters whom greedily avoid taxes, develop bogus investments to get rich, and laugh all the way to the bank while your food and fuel costs rise and your home values plummet." Please tell me this isn't American exceptionalism.

    April 12, 2011 at 5:34 pm |
  183. Dennis Kirkpatrick

    Jack Cafferty, REVISED

    President Obama must first point out how many JOBS were also cut as the Republicans Bragged about forcing spending cuts. All Americans are complaining about lack of jobs. We will be complaining even more now that the Republicans prevented future JOBS. Now they will try to blame the President for not creating enough JOBS. When Corporate America cut their spending, JOBS are the first thing they cut in the form of Lay-Offs and firings. Republicans just did the same thing and hurt many Americans.

    April 12, 2011 at 5:38 pm |
  184. Ron

    Withdraw from Iraq & Afghanistan in 2012

    Eliminate home mortagage deduction on mortgages over $500K

    Increase income subject to Social Security tax to $250K and index to inflation thereafter.

    Raise retirement age for full SS benefits to 67 over 10 years

    Eliminate special interest tax breaks for industry

    Eliminate all agricultural subsidies

    Exempt the first $50K of income from taxes

    Establish tax rates as follows:

    $50,001 to 100,000 10%

    $100,001 to $250,000 15%

    over $250,000 20%

    Only credits:

    a. interest on mortgages up to $500K and not on second homes;

    b. charitable contributions up to 33% of gross income

    April 12, 2011 at 5:38 pm |
  185. Gretchen

    8 years of Bush brought this country down to it's knees,how dare anyone criticize this president,who actually saved us from depression.
    Stop trying to re-forulate history as though you forgot the complete utter ignorance of Bush.Apparently you don't want specifics as to what happened to the oil that was going to pay for the Iraq war.

    April 12, 2011 at 5:39 pm |
  186. Tom Drouin

    how could they possibly consider cutting spending without cutting waste and fraud. I truly believe that our government is out of touch and congress is full of childish selfish and ( individuals). I emphasize individuals because they are only concerned for their own success. I am sickened and ashamed of these people.
    Tom Drouin

    April 12, 2011 at 5:39 pm |
  187. Terry Wetsel

    How about all line items taking a 10% cut and Congress a 20% cut. It would certainly show the rest of us that Congress mean business AND also demonstrate that the GOP is sincere ???

    April 12, 2011 at 5:41 pm |
  188. Greg Loper

    The national debt was a problem waaaay back as far as the Reagan Administration. Reagan was the first president to turn us into a net debtor nation. According to MIT economist Lester Thurow, Reagan engaged in more deficit spinding on defense than any country during peacetime in history, with the exception of France in 1789 (The Zero Sum Game – 1981). The first time I ever heard anyone in media even mention the national debt as a problem was George Bush, during his run for President in '88. Republicans' idea of fiscal responsibility has long been only to criticize "tax-and-spend" liberals, to deregulate business, and to privatize government. Having successfully brought us to the brink of national default and international monetary collapse with these demands, facilitated by capitulating Democrats, NOW they want to worry about our national debt burden and cut social programs? At this point, President Obama should open with an acknowledgement of the immediate need to nationalize Exxon and Chevron; turning profit into revenue, eliminating Wall Street speculating, and lowering gas costs to consumers as a means of assisting in our economic "recovery." I would also suggest restoring our country to the progressive tax base we had circa 1960, repealing the Bush era tax cuts, and adequately funding our new consumer finance bureau so that tax-dodging corporations can be properly prosecuted, with their CEO's jailed rather than rewarded and given tax refunds.

    April 12, 2011 at 5:41 pm |
  189. Greg Turman

    Jack;

    In president Obama's budget speech, he should promise to give back his tax cut for the wealthy + interest for the past 6 years.
    The president should also promise to get on ObamaCare like evryone else.

    Gregory Turman
    Dallas, Texas

    April 12, 2011 at 5:41 pm |
  190. Dan

    What would be nice is the application of Amendment 14 of the
    U.S. Constitution "; nor deny to any person within its jurisdiction the equal protection of the laws." Equality of tax Laws in the U.S.
    for all and and busness that sell In The U.S.A. . Would bring in
    more Taxes and get rid of the GAMES We Can not Afford..
    Because Too the 99.5 % who are not rich capitalism and
    america is all ready failed us. We The People NEED HELP NOW!

    April 12, 2011 at 5:42 pm |
  191. Tony

    The President needs to address the inadequacies of the Congress; specifically their inability to fulfill their constitutional obligation to pass an annual budget. Party politics are out of control and any accusation that the President lacks leadership in our budgetary crisis is absurd. The President (nor any other part of the Executive Branch) is discharged with this responsibility. People need to wake up and smell what they're shoveling. I truly hope that if Congress isn't capable of getting their act together, that the President, using his veto powers, forces Congress to get it right. Our founding fathers were correct. Party politics should be banned forever – like Congress would ever let that happen.

    Tony / Orange County, California

    April 12, 2011 at 5:43 pm |
  192. Maggie - Stockbridge MI

    I think the president should get down to the grit of our problem, tell us exactly what we as Americans have to look forward to, Will the budget plan that congress and the white house get us out the mess they got us into. There isn't any money left in pockets of the everyday worker, so how do they plan on fixing our countries budget. Getting OUR jobs back in the good old U.S.A would fix alot of problems. But no one is listening to us. Thanks Jack for keeping us informed

    April 12, 2011 at 5:43 pm |
  193. Lee

    The government has to cut spending. I think cuts today can be made that won't be as painful as they will be if we "kick the debt can down the road." If we continue to spend as we spend today future cuts will be down right draconian. Next our government must increase revenue. The tax increases should be fair across all socioeconomic groups.

    The President must discuss "real" spending cuts and a plan to increase taxes which should be targeted to debt reduction.

    April 12, 2011 at 5:44 pm |
  194. Jared

    The President should say it's time for lawmakers to put aside their political differences, for the good of the country, and work on solving our debt problem together.The time for political gamesmanship is over. Sacrifices will have to be made by both parties and everything must be laid on the table, taxes,oil subsidies, military cuts,defense cuts, medicare, social security, education, congressional pay, etc.

    April 12, 2011 at 5:45 pm |
  195. Thomas

    The President needs to address the budgit crissis by saying that common sense needs to be instilled in the movement forward for this country to survive. Common sense says get out of these wars. Common sense says a balanced budgit admendment is necessary. Common sense says fair trade, not free trade will put America back to work and this includes elimination of subsidities. Common sense says the people are fed up with with corporate citizens who cannot vote and who do not pay taxes and who influence our governance with the money they should have payed in taxes. Common sense is the path to sanity and economic recovery!

    April 12, 2011 at 5:51 pm |
  196. Richard Lodge

    We cannot cut programs and lower taxes and expect that to work – the poor and middle-classes get hurt and the rich get richer. We have to increase revenue and not on the backs of the poor and middle-class. Stop the Bush tax breaks. Do something with Social Security. Do not stop the Federal Tax for Social Security after $105,000 has been earned; keep it for everyone throughout the entire year; the majority of people pay that tax throughout their yearly paycheck so why shouldn't the people who can best afford it pay during the entire year too.

    April 12, 2011 at 5:52 pm |
  197. pad

    nothing to prove he is capable of telling the truth

    April 12, 2011 at 5:55 pm |
  198. Bill

    I want to know just exactly what is going to be done with Social Security and Medicare. Also what about retired military pensions. Those questions don't seem to get answered.

    April 12, 2011 at 5:55 pm |
  199. Stephen

    Jack, I hope Obama starts the budget discussion tomorrow by saying that the entire federal government budget will be cut by 10% as the budget discussions continues. For God sake families in the U.S. have been cut by much more than that as they sort out their own budgets. We need to quit having these nickel and dime debates and start with some level as we sort out the bigger issues. HELP! Who in D.C. gets it?!?!?!

    April 12, 2011 at 5:57 pm |
  200. Conor in Chicago

    He should finally explain, once and for all, for everyone in the Fox News cheap seats, that the Free Market is a myth, if there was an infinite amount of space and resources for everyone to succeed almost everyone would, and giving the wealthy everything whilst taking everything from the middle class and poor either results in a Banana Republic or Civil War-paths we are already clearly on if you just read Cafferty File once a day.

    April 12, 2011 at 5:57 pm |
  201. Kim Smith

    It would be nice to hear that major corporations like G.E. and Goldman Sachs are losing their tax loop holes and shelters and are going to pay their taxes or be shut down. It would also be great if he would stop talking so pc-correct and display some anger and passion. Unfortunately, most peoople won't understand all the political double-talk and indecisive rhetoric. Snow job on the way, I'm afraid.

    April 12, 2011 at 6:00 pm |