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WDKX.com » Blog » Obama Plans To Unveil His Agenda For Economy
Jul 22nd 2013 8:13 am
Obama Plans To Unveil His Agenda For Economy

WASHINGTON -- With major battles looming in the fall over the federal budget and the debt ceiling, President Obama is trying to regain the initiative, embarking on a campaign-style tour of the Midwest this week to lay out his agenda for reinvigorating the nation's economy, administration officials said Sunday.

Mr. Obama's offensive will begin on Wednesday in Galesburg, Ill., with what his aides are saying will be a major address on economic policy at Knox College. Officials declined to provide details of the president's message, but said he would set his terms for what they expect will be another bruising battle with a Republican-controlled House over the nation's fiscal policies.

White House officials liken Wednesday's speech to one he gave in 2011 in Osawatomie, Kan., where he articulated the theme of economic inequality in American society that became a leitmotif of his re-election campaign, and to one at Georgetown University soon after taking office in 2009, when he talked about how the American economy would recover from the Great Recession.

September will be the fifth anniversary of the financial crisis that underscored that recession, and White House officials said Mr. Obama wanted to take stock of the economy's recovery and chart a path forward.

The nature of the economic debate has shifted in recent months, with the budget deficit shrinking rapidly while the economy, though firmly in recovery, struggles to build up a head of steam. But the president clearly expects to encounter the same resistance that has stymied him since Republicans seized control of the House in the 2010 election.

Read More http://www.nytimes.com/2013/07/22/us/politics/obama-plans-to-unveil-his-agenda-for-economy.html?_r=0&hp=&adxnnl=1&adxnnlx=1374494764-iS8fjo4eM8pLMuKoXGVhKQ

Source:NYTIMES