White House Press Secretary Jay Carney said the economy is poised for growth and more jobs, if the GOP doesn’t muck it up.
“Our economy is facing a major headwind ... and that’s Republicans in Congress,” Carney said. He noted that a grand bargain offer from the White House is “still on the table” if Republicans are interested in trying to solve the country’s debt and deficit problems.
Carney appeared to be referring to President Barack Obama’s December offer, which asked for $1.2 trillion in new revenue. That means Obama is still looking for another $600 billion in revenue after getting roughly $600 billion in higher tax rates as part of the fiscal cliff deal. Republican leaders have said any more new revenue is off the table.
As for the looming sequester, Carney said the president would like to see it averted, and he said Obama still wants to see the most comprehensive budget deal possible, with a balanced approach.
“There are responsible ways to deal with this,” Carney said, warning Republicans against eyeing a government shutdown or slowdown for naked partisan advantage.
Carney pitted the sequester and entitlement cuts against tax breaks for oil companies and corporate jet owners, standard fare from the administration in recent years.
From left, Rep. Christopher H. Smith, R-N.J., David Goldman, the father of a child who was abducted to Brazil by the mother, and Arvind Chawdra, a father whose two children were abducted to India by their mother, attend a news conference in the Rayburn House Office Building on international child abduction.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.