Category: Jan-2013
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Statement by the Press Secretary on H.R. 8
On Wednesday, January 2, 2013, the President signed into law: H.R. 8, the “American Taxpayer Relief Act of 2012,” which makes permanent the temporary rates on taxable income at or below $400,000 for individual filers and $450,000 for married individuals filing jointly; permanently indexes the Alternative Minimum Tax exemption amount to the Consumer Price Index;…
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President Obama Re-nominates Thirty-Three to Federal Judgeships
WASHINGTON, DC – Today, President Obama re-nominated thirty-three individuals who he previously nominated for federal judgeships in the 112th Congress. “Today, I am re-nominating thirty-three highly qualified candidates for the federal bench, including many who could have and should have been confirmed before the Senate adjourned,” said President Obama. “Several have been awaiting a vote…
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President Obama Signs Ohio Disaster Declaration
The President today declared a major disaster exists in the State of Ohio and ordered Federal aid to supplement state and local recovery efforts in the area affected by severe storms and flooding due to the Remnants of Hurricane Sandy during the period of October 29-30, 2012. Federal funding is available to state and eligible…
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President Obama Announces Presidential Delegation to Ghana to Attend the Inauguration of His Excellency John Dramani Mahama
President Barack Obama today announced the designation of a Presidential Delegation to Accra, Ghana to attend the Inauguration of His Excellency John Dramani Mahama, President-elect of the Republic of Ghana on January 7, 2013. The Honorable Daniel W. Yohannes, CEO of the Millennium Challenge Corporation, will lead the delegation. Members of the Presidential Delegation: The…
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Statement by the President on the Status of the Administration’s Supplemental Request to Congress for Response, Recovery and Mitigation Related to Hurricane Sandy
It has only been two months since Hurricane Sandy devastated communities across New York, New Jersey, and Connecticut as well as other eastern states. Our citizens are still trying to put their lives back together. Our states are still trying to rebuild vital infrastructure. And so, last month, working closely with the Governors of the…
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Statement from the President on the Senate Deal to Extend Middle Class Tax Cuts
Leaders from both parties in the Senate came together to reach an agreement that passed with overwhelming bipartisan support today that protects 98 percent of Americans and 97 percent of small business owners from a middle class tax hike. While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to…
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Fact Sheet: The Tax Agreement: A Victory for Middle-Class Families and the Economy
At this make or break moment for the middle class, the President achieved a bipartisan solution that keeps income taxes low for the middle class and grows the economy. For the first time in 20 years, Congress will have acted on a bipartisan basis to vote for significant new revenue. This means millionaires and billionaires…
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Statement by the President on the Tax Agreement
THE PRESIDENT: Happy New Year, everybody. AUDIENCE: Happy New Year, Mr. President. THE PRESIDENT: A central promise of my campaign for President was to change the tax code that was too skewed towards the wealthy at the expense of working middle-class Americans. Tonight we’ve done that. Thanks to the votes of Democrats and Republicans in Congress,…