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Summary of Recent Events: An Update from the DNC
This past week, President Obama unveiled his budget for fiscal year 2013 and discussed the importance of boosting American manufacturing and the resurgence of America’s manufacturing industry. And finally, after a renewed push from President Obama earlier in the week for Congress to take action on extending the payroll tax cut and critical unemployment insurance for Americans looking for new work, Congress passed these extensions and prevented taxes from going up on 160 million hardworking Americans.
President Obama Unveils 2013 Budget, Focused on Fulfilling Vision for an Economy Built to Last
On Monday, the President traveled to Northern Virginia Community College in Annandale to unveil his budget for fiscal year 2013. He also announced a new $8 billion Community College to Career Fund that will help forge new partnerships between community colleges and businesses to train two million workers for good-paying jobs in high-growth and high-demand industries. This year’s budget reflects President Obama’s firm belief that our country has always done best when everyone gets a fair shot, everyone does their fair share, and everyone plays by the same rules. It aims to keep the basic American promise that if you work hard, you can do well enough to raise a family, own a home and have some savings when you retire. During his remarks about the budget, the President said:
“So an economy built to last demands that we keep doing everything we can to help students learn the skills that businesses are looking for. It means we have to keep strengthening American manufacturing. It means we’ve got to keep investing in American energy. We've got to double down on the clean energy that’s creating jobs. But it also means we've got to renew the American values of fair play and shared responsibility.
“The budget that we’re releasing today is a reflection of shared responsibility. It says that if we’re serious about investing in our future and investing in community colleges, and investing in new energy technology, and investing in basic research, well, we’ve got to pay for it. And that means we've got to make some choices.”
You can watch President Obama’s remarks here.
In Wisconsin, the President Tours Master Lock Company and Discusses Insourcing of American Jobs
President Obama on Wednesday toured Master Lock Company in Wisconsin, where he continued to discuss his blueprint for an economy built to last based on boosting American manufacturing and “insourcing” – bringing jobs back to America. During his remarks at Master Lock, President Obama highlighted the company’s success in saving money by keeping production facilities in the United States and insourcing, saying:
“And that's what's happening right here at Master Lock -- because of you. Over the last few years, it’s become more expensive to do business in countries like China. Meanwhile, American workers, we've become even more productive. So when John Heppner was at the White House in January, he told me how it makes more business sense for Master Lock to bring jobs back home here to Milwaukee. And today, for the first time in15 years, this plant is running at full capacity. And that's an example of what happens when unions and employers work together to create good jobs. Today, you’re selling products directly to customers in China stamped with those words: Made In America.
“And the good news is this is starting to happen around the country. For the first time since 1990, American manufacturers are creating new jobs. That's good for the companies, but it's also good up and down the supply chain, because if you're making this stuff here, that means that there are producers and suppliers in and around the area who have a better chance of selling stuff here. It means the restaurant close by suddenly has more customers. Everybody benefits when manufacturing is going strong.”
You can watch the President’s speech here.
President Obama Highlights Resurgence of U.S. Manufacturing During Visit to Boeing Facility in Seattle
On Friday, the President visited a Boeing facility in Seattle to talk about the resurgence of America’s manufacturing industry. During the visit, he highlighted Boeing’s new 787 Dreamliner, which was built in two states with parts made around the world – an important and high-flying symbol of the return of U.S. manufacturing, a part of the President’s vision for an economy built to last. During the President’s remarks, he noted that our economy has now seen 23 consecutive months of private sector job growth for a total of 3.7 million jobs, and he praised Boeing as an example of the growth of American manufacturing, saying:
“This company is a great example of what American manufacturing can do in the way nobody else in the world can do. Every Dreamliner that rolls off the assembly line here in Everett supports thousands of jobs in different industries all across the country.”
Congress Passes Extension of Payroll Tax Cut and Unemployment Insurance, Following a Renewed Push by the President
At the end of the week, Congress passed an extension of both the payroll tax cut for the middle class and unemployment insurance that provides a vital lifeline for millions of Americans who are looking for new work to support their families. As a result, the typical family will continue to see an additional $40 of savings in every paycheck, keeping roughly $1,000 of their hard-earned money in their pockets this year.
Earlier this week, the President held an event where he spoke about the need for Congress to take action and prevent taxes from going up on 160 million hardworking Americans. During the event, where he was joined by everyday Americans who had shared their story about what $40 a paycheck means to them, President Obama said:
“And the last thing we need, the last thing we can afford to do, is to go back to the same policies that got us in this mess in the first place. The last thing we need is for Washington to stand in the way of America’s comeback.
“First and foremost, that means Washington shouldn’t hike taxes on working Americans right now. That's the wrong thing to do. But that’s exactly what’s going to happen at the end of this month -- in a couple of weeks -- if Congress doesn’t do something about it. The payroll tax cut we put in place last year will expire. The typical American family will shell out nearly a thousand dollars more in taxes this year. You’ll lose about $40 out of every paycheck if Congress does not act.
“And that can’t happen. Not now. And it doesn’t have to. Congress needs to extend that tax cut -- along with vital insurance lifelines for folks who've lost their jobs during this recession -- and they need to do it now, without drama and without delay. No ideological sideshows to gum up the works. No self-inflicted wounds. Just pass this middle-class tax cut. Pass the extension of unemployment insurance. Do it before it’s too late. And I will sign it right away.”