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Monday, December 09, 2019

WATCH LIVE: President Obama Speaks At North Carolina State University

At 1:05pm, EST, President Barack Obama will deliver remarks at North Carolina State University in Raleigh, North Carolina. The president is expected to address the economy, and announce the creation of a new consortium of companies and universities that will research and develop the next generation of energy-efficient electronic devices.

Live video of President Obama’s speech can be seen below:

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Republicans need the political press to do a lot of bad journalism in order to carry out their strategy of forcing through devastating spending cuts by leveraging the prospect of a calamitous default on U.S. debt. They need political journalists to produce wishy-washy “both sides” coverage that hides the party’s ultimate culpability and shields it from blame. And the latest coverage from The New York Times shows that their plan may already be working.

It shouldn’t be difficult to acknowledge that Republicans will be the ones at fault if the U.S. breaches the statutory limit on federal borrowing in June. Members of Congress of both parties routinely voted for clean debt limit hikes during Donald Trump’s presidency, which also saw record debt increases. But with Joe Biden in the White House, GOP leaders startedsaying last fall that they would require significant spending cuts – including to Social Security and Medicare – alongside further debt limit increases if their party won the House.

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