Tuesday, July 19, 2011

Obama receives various multimillionaires who promise to help the economy

The U.S. president, Barack Obama, will be presented today at the White House several billionaires who have committed to contribute to society and the economy, according to government sources. The White House said that Bill and Melinda Gates, Warren Buffett, Steve and Jean Case, Mark Zuckerberg and George Lucas, among others signed a "pledge" will come on Monday at the State Banquet Hall to meet with the president.

The "Promise" is an initiative of Gates and Buffett, launched in June last year and now has nearly seventy signatories have pledged to donate to charity most of his fortune. Obama, in a press conference last week and as an argument for deficit reduction proposal includes a tax increase, said "people who can afford, the millionaires and billionaires can make a contribution." Negotiations with the Republicans, who have a majority in the House of Representatives, still stuck by his bitter opposition to any increase in debt that is not matched by cuts in government spending, and the mere mention of tax.

While Republicans are opposed to the imposition of higher taxes for the wealthiest in the U.S., arguing that they are the ones who create jobs, many of the signatories of the "Promise" have indicated their willingness to contribute to society and the economy. The direct talks with leaders of Obama and Democratic congressional Republicans had a pause after a fifth session in the White House last Thursday, and during the weekend, each side asked its voters.

The credit rating agencies Standard & Poor's and Moody's have already warned that the credit of the United States could suffer if Congress does not pass before the August 2, an increase of national indebtedness authorized by the legislature. United States and in May exceeded the current limit of 14.29 billion dollars in debt authorized but has continued to operate and transfer payment adjustments that are normal within the Treasury Department.

No comments:

Post a Comment