Congress to Vote on ‘Bring Jobs Home Act’

Bring Jobs Home

Stabenow’s Initiative Would End Tax Giveaway That Rewards Companies that Send Jobs Overseas, While Cutting Taxes for Companies that Bring Jobs Back to U.S.

Thursday, Jul 19

U.S. Senator Debbie Stabenow’s Bring Jobs Home Actwhich ends tax breaks for companies that ship jobs overseas and cuts taxes for businesses to bring jobs back to America, was supported by a majority of Senators today but Senate Republicans blocked the bill with a procedural move.  While Sen. Stabenow’s initiative received a majority of votes in support, 56-42, the bill was blocked by a Republican filibuster which meant the legislation required 60 votes to move forward.

“Michigan has been hit hard by outsourcing.  We need to be exporting our products, not our jobs,” said Stabenow.  “It’s outrageous that taxpayers are paying companies to send jobs abroad.  Instead of giving tax breaks to companies that ship jobs overseas, Congress should cut taxes for U.S. companies that bring jobs back to America.  We are going to continue to work to get Congress to put politics aside, put American jobs first and pass this bill.”

Senator Stabenow’s Bring Jobs Home Act:

Ends a tax break for U.S. companies that outsource jobs and business activity. Right now, the cost of moving personnel and company operations to a new location is defined as a business expense that qualifies for a tax deduction. Senator Stabenow’s legislation would no longer allow this deduction for companies that move jobs and business activity outside of the U.S.  However, the deduction is maintained for businesses that move jobs back home (or move within the U.S.).

Creates a new tax cut to encourage U.S. companies to move jobs and business activity from another country back to America. Companies bringing jobs home would still be able to claim the current moving expense deduction when bringing jobs home, and would also receive a tax credit equal to 20% of the cost associated with bringing jobs and business activity back to the United States. The company will be able to apply the 20% tax credit against its corporate income tax.

Senator Stabenow has long-championed efforts to ensure U.S. businesses and workers can become more globally competitive and create more jobs in America. Last year, Senator Stabenow introduced her American Competitiveness Plan to crack down on other countries’ trade violations. One of the main provisions of Stabenow’s Plan, which called for a trade enforcement unit to hold countries that violate trade laws accountable, was created by President Obama earlier this year. Other provisions of Stabenow’s plan include a bill to crackdown on China’s currency manipulation (which passed the Senate last year with overwhelming bipartisan support) and provisions to strengthen penalties for foreign companies who steal American technology and intellectual property.

Outsourcing Message from AllAmericanClothing.com

Outsourcing Message from AllAmericanClothing.com

EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET

WASHINGTON, D.C. 20503

July 18, 2012

STATEMENT OF ADMINISTRATION POLICY S. 3364 – Bring Jobs Home Act (Sen. Stabenow, D-MI, and 13 cosponsors)

The Administration strongly supports Senate passage of S. 3364, a bill that would encourage companies to invest in the United States and bring jobs back while preventing companies from receiving tax breaks for shipping jobs overseas.

The Nation’s tax code does too little to encourage job creation and investment in the United States while allowing firms to benefit from incentives to locate production and jobs overseas. This bill can help attract and keep jobs in the United States by providing a 20 percent general business tax credit for eligible expenditures associated with bringing jobs back, which is paid for by preventing firms from receiving tax breaks for deducting expenses associated with outsourcing.

For more: http://www.whitehouse.gov/sites/default/files/omb/legislative/sap/112/saps3364s_20120718.pdf

..

“Fair pay.  Let’s make sure the next generation of women are getting a fair deal.  Let’s make sure the next generation of good manufacturing jobs are made in America.  Let’s make it easier, not harder, for companies to bring those jobs back home.  Tomorrow, senators will get to vote on the Bring Jobs Home Act.  Instead of rewarding companies for shipping jobs overseas or rewarding companies that are moving profits offshore, let’s create jobs right here in America and let’s encourage those companies.”

July 22, 2014 President Obama

.

Wednesday, July 23, 2014
Congress votes on the ‘Bring Jobs Home Act’

 

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Update:  July 30, 2014 – Senate GOP blocks tax hike on firms moving overseas

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35 Responses to Congress to Vote on ‘Bring Jobs Home Act’

  1. CR says:

    WH

    Wednesday, July 23, 2014

    All Times Eastern

    President Obama receives the presidential daily briefing

    7:00 AM
    8:00 AM
    9:00 AM
    10:00 AM
    11:00 AM
    12:00 PM
    12:20 PM
    President Obama attends a House Majority PAC event
    Four Seasons, San Francisco, California

    1:00 PM
    2:00 PM
    Vice President Biden Speaks at the NAACP National Convention
    Las Vegas, Nevada

    3:00 PM
    President Obama attends a DCCC event with House Minority Leader Nancy Pelosi, DCCC Chairman Steve Israel, D-N.Y., and Rep. Anna Eshoo, D-Palo Alto,
    Private Residence, Los Altos Hills, California

    4:00 PM
    4:20 PM
    President Obama departs San Francisco
    San Francisco International Airport

    5:00 PM
    5:30 PM
    President Obama arrives Los Angeles
    Los Angeles International Airport

    6:00 PM
    7:00 PM
    7:55 PM
    President Obama attends a DNC event
    Private Residence, Los Angeles, California

    8:00 PM
    9:00 PM
    10:00 PM

    President Obama overnights in Los Angeles

  2. CR says:

    Congress to Vote on ‘Bring Jobs Home Act’

    Stabenow’s Initiative Would End Tax Giveaway That Rewards Companies that Send Jobs Overseas, While Cutting Taxes for Companies that Bring Jobs Back to U.S.

    Thursday, Jul 19
    U.S. Senator Debbie Stabenow’s Bring Jobs Home Act, which ends tax breaks for companies that ship jobs overseas and cuts taxes for businesses to bring jobs back to America, was supported by a majority of Senators today but Senate Republicans blocked the bill with a procedural move. While Sen. Stabenow’s initiative received a majority of votes in support, 56-42, the bill was blocked by a Republican filibuster which meant the legislation required 60 votes to move forward.

    “Michigan has been hit hard by outsourcing. We need to be exporting our products, not our jobs,” said Stabenow. “It’s outrageous that taxpayers are paying companies to send jobs abroad. Instead of giving tax breaks to companies that ship jobs overseas, Congress should cut taxes for U.S. companies that bring jobs back to America. We are going to continue to work to get Congress to put politics aside, put American jobs first and pass this bill.”

    Senator Stabenow’s Bring Jobs Home Act:

    Ends a tax break for U.S. companies that outsource jobs and business activity. Right now, the cost of moving personnel and company operations to a new location is defined as a business expense that qualifies for a tax deduction. Senator Stabenow’s legislation would no longer allow this deduction for companies that move jobs and business activity outside of the U.S. However, the deduction is maintained for businesses that move jobs back home (or move within the U.S.).

    Creates a new tax cut to encourage U.S. companies to move jobs and business activity from another country back to America. Companies bringing jobs home would still be able to claim the current moving expense deduction when bringing jobs home, and would also receive a tax credit equal to 20% of the cost associated with bringing jobs and business activity back to the United States. The company will be able to apply the 20% tax credit against its corporate income tax.

    Senator Stabenow has long-championed efforts to ensure U.S. businesses and workers can become more globally competitive and create more jobs in America. Last year, Senator Stabenow introduced her American Competitiveness Plan to crack down on other countries’ trade violations. One of the main provisions of Stabenow’s Plan, which called for a trade enforcement unit to hold countries that violate trade laws accountable, was created by President Obama earlier this year. Other provisions of Stabenow’s plan include a bill to crackdown on China’s currency manipulation (which passed the Senate last year with overwhelming bipartisan support) and provisions to strengthen penalties for foreign companies who steal American technology and intellectual property.

    • CR says:

      EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET
      WASHINGTON, D.C. 20503

      July 18, 2012

      STATEMENT OF ADMINISTRATION POLICY S. 3364 – Bring Jobs Home Act
      (Sen. Stabenow, D-MI, and 13 cosponsors)

      The Administration strongly supports Senate passage of S. 3364, a bill that would encourage companies to invest in the United States and bring jobs back while preventing companies from receiving tax breaks for shipping jobs overseas.

      The Nation’s tax code does too little to encourage job creation and investment in the United States while allowing firms to benefit from incentives to locate production and jobs overseas. This bill can help attract and keep jobs in the United States by providing a 20 percent general business tax credit for eligible expenditures associated with bringing jobs back, which is paid for by preventing firms from receiving tax breaks for deducting expenses associated with outsourcing.

      Senate passage of this bill is consistent with the Administration’s commitment to support economic growth, job creation, and business investment in the United States, and serves to discourage outsourcing in all sectors of the economy, but particularly in our manufacturing sector. Following a decade in which the United States lost over 5 million manufacturing jobs, the Nation has begun to make progress. Over the past 28 months, the U.S. manufacturing sector has added roughly 500,000 new jobs, the fastest pace of manufacturing job growth since 1995. Instead of rewarding firms for shifting production and jobs overseas, the tax code should strengthen the domestic manufacturing sector, support job growth and innovation, and encourage companies from all sectors of the economy to invest in the United States.

      The Administration looks forward to working with the Congress to encourage companies to invest in America and bring jobs home.

    • CR says:

      “Fair pay.  Let’s make sure the next generation of women are getting a fair deal.  Let’s make sure the next generation of good manufacturing jobs are made in America.  Let’s make it easier, not harder, for companies to bring those jobs back home.  Tomorrow, senators will get to vote on the Bring Jobs Home Act.  Instead of rewarding companies for shipping jobs overseas or rewarding companies that are moving profits offshore, let’s create jobs right here in America and let’s encourage those companies.”

      July 22, 2014 President Obama

    • CR says:

      Senate Votes To Begin Debate On Bill To Fight Outsourcing

      7/23/2014 3:09 PM ET
      While final passage of the bill is far less certain, the Senate voted overwhelming in favor of formally debating legislation to end tax breaks for companies that send jobs overseas.

      The Senate voted 93 to 7 in favor of beginning debate on the bill, well above the sixty votes needed. Only seven Republican lawmakers voted against the motion.

      Sen. Debbie Stabenow, D-Mich., co-author of the legislation, said the so-called Bring Jobs Home Act would end a tax loophole that currently pays for companies to move jobs overseas while also providing a 20 percent tax credit to companies that bring jobs back to America.

      “It’s outrageous that, right now, American workers are paying through the tax code to ship their own jobs overseas,” Stabenow said.

      She added, “We need to close this indefensible loophole and instead start rewardingthe companies that are doing the right thing and bringing jobs back to America.”

      While Republicans largely voted in favor of beginning debate on the bill, most are expected to vote against a subsequent motion to move toward a final vote on passage of the legislation.

      Republican lawmakers have called for a more substantial overhaul of the tax code and suggested that the outsourcing bill is largely a political stunt ahead of the midterm elections.

      For more: http://www.rttnews.com/story.aspx?Id=2354451

    • CR says:

      GOP WRONG WAY

      GOP blocks tax hike on firms moving overseas

      July 30, 2014 4:25 PM By STEPHEN OHLEMACHER – Associated Press

      WASHINGTON (AP) — Republican senators blocked an election-year bill Wednesday to limit tax breaks for U.S. companies that move operations overseas.

      The bill would have prohibited companies from deducting expenses related to moving their operations to a foreign country. It also would have offered tax credits to companies that move operations to the U.S. from a foreign country.

      The Senate voted 54-42 to end debate on the bill, six short of the 60 votes needed to advance it. The White House says President Barack Obama supports the legislation.

      “Today in the United States, any time an American company closes a factory or plant in America and moves operations to another country, the American taxpayers pick up part of that moving bill,” said Senate Majority Leader Harry Reid, D-Nev. “Frankly, a vote against this bill is a vote against American jobs.”

      For more: http://news.yahoo.com/gop-blocks-tax-hike-firms-moving-overseas-152102959–finance.html

  3. Isaac says:

    I like the title: “Bring Jobs Home Act.”

    It could be titled: “Bring [GOP's Outsourced] Jobs Home Act.”

    Thanks for post.

  4. Jueseppi B. says:

    Reblogged this on The ObamaCrat™.

  5. Kat 4 Obama says:

    Happy & HOPEful Tuesday night, CR and all friends!

    >^..^<

  6. E.D. says:

    about time. yes bring all the jobs back and tax highly those who send work abroad.. It is a disgusting habit well past it’s time. thanks eve

  7. CR says:

    12:20 PM ET
    President Obama attends a House Majority PAC event
    Four Seasons, San Francisco, California

  8. CR says:

    July 23, 2014

    Readout of the President’s Call with Indonesian President-Elect Widodo

    Yesterday evening President Obama called Jakarta Governor Joko Widodo to offer the American people’s congratulations on his election as the next President of the Republic of Indonesia. The President noted that through this free and fair election, the people of Indonesia have once again shown their commitment to democracy.

    The President reaffirmed that the United States deeply values the close and cooperative relationship with Indonesia, including the U.S.-Indonesia Comprehensive Partnership, which has strengthened our bilateral ties and facilitated deeper cooperation on common regional and global challenges.

    For more: http://www.whitehouse.gov/the-press-office/2014/07/23/readout-presidents-call-indonesian-president-elect-widodo

  9. CR says:

    2:00 PM ET
    Vice President Biden Speaks at the NAACP National Convention
    Las Vegas, Nevada

    WhiteHouse.gov http://www.whitehouse.gov/live

  10. CR says:

    July 23, 2014

    Remarks by the President at DCCC Luncheon — CA

    Private Residence
    Los Altos Hills, California

    12:00 P.M. PDT

    THE PRESIDENT: Hello, everybody. (Applause.) Oh, no need to stand again. Sit down. Thank you so much. (Applause.)

    Well, there are two reasons I’m here. Number one, it’s really nice. (Laughter.) The weather is good. It’s pretty — it’s gorgeous. The second reason is George and Judy’s granddaughter and me, we’ve just got a connection. (Laughter.) She is adorable. There she is. (Laughter and applause.) Look how happy she is to be with the President. (Laughter and applause.) I may take her with me. (Laughter.) She is gorgeous.

    A couple of people I want to thank. Obviously, George and Judy, we want to thank them not only for their incredible hospitality, but for the amazing support that they provided to so many important causes through the years. It’s wonderful to see somebody who has really lived out the American Dream, remembers it, and wants to give back. And so please give them a big round of applause. (Applause.)

    One of my favorite people, even if I did not entirely depend on her for all kinds of stuff — she is somebody who combines grace and intelligence and toughness with deep and abiding compassion. And she has just been a remarkable partner to me throughout my presidency, and George is exactly right, I need her back as Speaker of the House — Nancy Pelosi. (Applause.)

    Nancy could not do what she does unless she has good partners in Congress. And one of the best partners she could ever hope for is your own Congresswoman, who not only represents this district but is a leader on issues across the board and has been a great friend — Anna Eshoo. Thank you for all the work, Anna, on this. (Applause.)

    And then we’ve got a couple of candidates who are here. Michael Eggman is here. Where is Michael? There he is. (Applause.) And Amanda Renteria — there she is — Renteria. (Applause.) Two outstanding candidates and part of what it is that we’re just trying to build here and across the country.

    I’ve got so many friends, so many people who have supported me for so long. As I look back, I realize how many of you have pictures of me with no gray hair. (Laughter.) You’re chronicling the slow deterioration of Barack Obama. But as a consequence, one of my main functions here today is just to say thank you because you guys have been incredibly supportive in everything that we’ve done at every stage. Many of you supported me back when I was running for the U.S. Senate, when nobody could pronounce my name, and then helped to mobilize an amazing movement back in 2008, and it continued until today.

    So because I know so many of you so well, I’m not going to speak long at the top. What I want to do is spend most of the time in a conversation with you. Let me just make a couple of observations.

    Number one, as George alluded to, when we came into office we were going through the worst economy since the Great Depression. In fact, the contraction was actually larger by some measures than the Great Depression. In part because of the incredible resilience of the American people, but in part because we actually put some smart policies in place, the record over the last five years is some pretty remarkable progress.

    For more: http://www.whitehouse.gov/the-press-office/2014/07/23/remarks-president-dccc-luncheon-ca

  11. CR says:

    Grow America Act – Transportation Infrastructure Investments

    Earlier this year in St. Paul, Minnesota, President Obama and I promised to present Congress with a multi-year surface transportation reauthorization proposal, and with the unveiling of the GROW AMERICA Act today, we have fulfilled that promise.

    The GROW AMERICA Act, or Generating Renewal, Opportunity, and Work with Accelerated Mobility, Efficiency, and Rebuilding of Infrastructure and Communities throughout America, will do exactly what its name implies:

    • It will support millions of American jobs repairing and modernizing our roads, bridges, railways, and transit systems;
    • It will help ensure that American businesses can compete effectively in the global economy and grow; and
    • It will pave the way forward by increasing access to the ladders of opportunity that help Americans get ahead.

    I visited eight states and 13 cities as part of my Invest in America, Commit to the Future bus tour this month and everywhere I went, I heard the same thing –people want more transportation options and better roads and bridges to get them where they need to go. Failing to act before the Highway Trust Fund runs out is unacceptable and unaffordable.

    GROW AMERICA offers the kind of job creation and certainty that the American people want and deserve. It represents a number of proposals that have historically attracted bipartisan support.

    .

    What GROW AMERICA will do

    • Address the shortfall in the Highway Trust Fund and provide $87 billion to address the nation’s backlog of deficient bridges and aging transit systems;
    • Create millions of new jobs to ensure America’s future competitiveness;
    • Increase safety across all modes of surface transportation, including increasing the civil penalties the National Highway Traffic Safety Administration (NHTSA) can levy against automakers who fail to act quickly on vehicle recalls;
    • Provide certainty to state and local governments that must engage in long-term planning;
    • Reduce project approval and permitting timelines while delivering better outcomes for communities and the environment;
    • Bolster efficient and reliable freight networks to support trade and economic growth; and
    • Create incentives to better align planning and investment decisions to comprehensively address regional economic needs while strengthening local decision-making.

    I have been pleased to see that members of both parties are already working together to solve these challenges, and I look forward to continuing our discussion and to supporting and building on the good work that’s already been done.

    Please take the time to browse through our GROW AMERICA Fact Sheets to learn what this bill will do to keep our nation and our economy moving forward.

    ————

    White House White Board: Vice President Biden on Rebuild America

    Published on Jul 23, 2014

    In this installment of the White House White Board series, Vice President Biden takes the pen and discusses the importance of transportation infrastructure investment in America. Learn more at http://www.whitehouse.gov/rebuild-ame

  12. CR says:

    Obama officials tighten safety rules for railways

    07/23/14 03:24 PM EDT By Laura Barron-Lopez – TheHill

    The Obama administration on Wednesday unveiled strict rules for railway safety partly aimed at safeguarding shipments of crude oil from North Dakota’s Bakken shale formation.

    Transportation Secretary Anthony Fox stressed that the regulations cover a variety of fuels shipped by rail, including ethanol, but made clear that the recent derailments of trains with Bakken oil were the driving force behind the changes.

    “We need a new world order on how this stuff moves,” Foxx said.

    The rules would create new braking and speed restrictions for trains, institute a classification and testing program for fuels transported by rail and phase out thousands of older tank car models.

    Foxx called the standards “the most significant progress” to date on ensuring that the transportation of Bakken crude oil and other flammable liquids doesn’t put the nation at risk of dangerous explosions.

    “More crude oil is being shipped by rail than ever before. If America is going to be a world leader in producing energy, our job at this department is to ensure that we’re also a world leader in safely transporting it,” he said.

    Over two years, Foxx said the Transportation Department would require the phase-out of the older DOT-111 tank cars from transporting flammable liquids, more specifically Bakken crude oil.

    The Railway Supply Institute estimates there are roughly 102,700 DOT-111 railcars in service, transporting oil, ethanol and other fuels.

    Read more: http://thehill.com/regulation/213095-administration-unveils-stronger-safety-rules-for-oil-trains

  13. CR says:

    July 23, 2014

    Remarks by the President at a DNC Event — Los Angeles, California

    Private Residence
    Los Angeles, California

    5:13 P.M. PDT

    THE PRESIDENT: Hello, everybody. (Applause.) Hello, Los Angeles. Oh, this is a nice looking crowd. You all got dressed up. (Laughter.) Don’t you look cute? Everybody, have a seat. Have a seat. Relax.

    It is good to be in Los Angeles. Let me first of all say thank you to Shonda for opening up this unbelievable space and arranging for perfect weather. Give Shonda a big round of applause. (Applause.) I’ve gotten to know Shonda over the last couple years, and for somebody who is just so successful and is doing so much, you can’t ask for somebody who is more humble and more thoughtful and has shown incredible kindness to me and my family. And I am very, very proud to know her and to call her a friend. So I just want to say thank you so much for everything you do, not just for me, but for a lot of people who she’s given unbelievable opportunities to. So give Shonda a big round of applause. (Applause.) We love Shonda.

    Kerry Washington I want to thank. Kerry — there are few people who worked harder on my campaign, even back when people didn’t pronounce my name right — (laughter) — than Kerry Washington. And she has been — she’s not a latecomer. She didn’t jump on the bandwagon. She pushed when the wagon was stuck in the mud — she was out there. (Laughter.) And she’s just been a great friend. Plus she showed me her baby pictures, and that is one cute baby. And I want to thank her and the entire host committee for helping to set this up.

    My girl, Janelle Monae. (Applause.) Janelle has performed at the White House, like, 15 times. And we — there’s going to be an official Janelle Monae room in the White House. (Laughter.) We love her. Michelle and I love Janelle. We love her energy. We love her talent. But we most of all love her character. And anybody who gets a chance to talk to her, this is just a remarkable, strong, smart young lady.

    And I have to say nice things about her because she may be the only person in possession of a video in which I try to keep up with her and Usher on the dance floor. (Laughter.) Now, this is top secret. She has promised that this will never be released. But she can blackmail me at any time. (Laughter.)

    MS. MONAE: I love you!

    THE PRESIDENT: I love you back. You do have that video, though, don’t you?

    MR. MONAE: I do. (Laughter.)

    THE PRESIDENT: Now, tell the truth, though, Janelle — I wasn’t bad, though, was I? (Laughter.) I’m just saying. Go ahead, testify just a little bit.

    MS. MONAE: (Off mic.)

    THE PRESIDENT: Let me say I did not drop in splits. (Laughter.) But I did bust a move. That I did do. (Laughter.)

    Finally, let me say thank you to somebody who’s been tireless on behalf of the Democratic Party. She is a great congresswoman, but she is also an outstanding chair of the DNC — Debbie Wasserman Schultz, all the way from Florida. (Applause.) Where’s Debbie? She’s around here somewhere.

    So a little over five years ago, I took office at one of the most difficult times in our history. And when I reflect back on those five years, and every gray hair that I have to prove that five years have passed, I don’t think it’s an exaggeration to say that by almost every economic measure we’re better off now than we were then. (Applause.) Ronald Reagan used to ask when he was campaigning, “Are you better off than you were four years ago?” Well, you know what, I don’t mind answering that question, mostly because of the skill and resilience and strength of the American people, but also because we put in place some wise policies.

    For more: http://www.whitehouse.gov/the-press-office/2014/07/23/remarks-president-dnc-event-los-angeles-california

  14. CR says:

    https://propresobama.files.wordpress.com/2010/08/rainbow-flag.jpg?w=450

    US Ambassador Calls for LGBT Rights

    July 23, 2014 11:55 AM Joe DeCapua – VOAnews

    The U.S. ambassador to Australia said it should not be a crime to be a member of the LGBT community. Ambassador John Berry told the 20th international AIDS Conference that the fight against the disease cannot be won by relegating segments of the population to the shadows.

    Ambassador Berry said the world has reached a critical moment in the fight against HIV/AIDS.

    “We are now on the brink of an AIDS-free generation. But reaching that goal will depend on all of us working together and being able to get the preventative care and treatment that everyone needs.”

    However, he said there are many barriers around the world blocking access to prevention, care and treatment.

    “Unfortunately, the criminalization of certain at risk populations and those who are HIV positive – and the stigma associated with HIV – are the very things that will prevent us from eliminating this disease entirely,” he said.

    The U.S. Ambassador said that criminalization is bad health policy and bad public policy. He says it does not stop the spread of HIV/AIDS and, in fact, does just the opposite.

    “Criminalization laws undermine public health approaches that we need to fight this disease and limit its spread. These laws don’t reflect current scientific knowledge. They undermine our ability to get people into screening and treatment. And more fundamentally, these laws wrongly stigmatize and marginalize those living with HIV and AIDS.”

    More than 80 countries around the world have criminal laws against sexual activity by lesbian, gay, bisexual and transgender people. Some of those laws contain very harsh penalties.

    For the entire article and audio commentary: http://www.voanews.com/content/hiv-us-ambassador-23jul14/1963707.html

  15. CR says:

    WH

    Thursday, July 24, 2014

    All Times Eastern

    President Obama receives the presidential daily briefing

    First Lady Michelle Obama attends a DNC event
    Waldorf Astoria, Chicago, Illinois

    7:00 AM
    8:00 AM
    9:00 AM
    9:15 AM
    Vice President Biden Speaks at the National Urban League Convention
    Cincinnati, Ohio

    10:00 AM
    11:00 AM
    12:00 PM
    12:50 AM
    President Obama attends a DNC fundraiser
    Los Angeles, CA

    1:00 PM
    2:00 PM
    3:00 PM
    4:00 PM
    4:15 PM
    President Obama visits a community college
    Trade-Technical College, Los Angeles, CA

    4:25 PM
    President Obama Speaks on the Economy
    Trade-Technical College, Los Angeles, California

    5:00 PM
    6:00 PM
    6:05 PM
    President Obama departs Los Angeles en route Washington, DC
    Los Angeles International Airport

    7:00 PM
    8:00 PM
    9:00 PM
    10:00 PM
    10:35 PM
    President Obama arrives Joint Base Andrews

    10:50 PM
    President Obama arrives the White House
    South Lawn

  16. CR says:

    Tickets Released For Obama Speech At LA Trade-Tech College

    July 22, 2014 6:02 AM cbslocal

    LOS ANGELES (CBSLA.com) — A limited number of tickets were released Tuesday to see PresidentBarack Obama speak later this week at the Los Angeles Trade-Technical College.

    The free tickets for the Thursday speech were released at 8:30 a.m. on a first-come, first-serve basis.
    It was unclear how many tickets were handed out.

    Obama will speak at the college at 1:15 p.m. Thursday, focusing on the “importance of job-driven skills training, particularly for fast-growing sectors such as health care,” according to the White House.

    For more: http://losangeles.cbslocal.com/2014/07/22/tickets-for-obama-speech-at-la-trade-tech-college-available-today/

  17. CR says:

    July 24, 2014

    Remarks by the First Lady at a DNC Reception — Chicago, Illinois

    The Waldorf Astoria Hotel
    Chicago, Illinois

    5:09 P.M. CDT

    MRS. OBAMA: Hello, Chicago! (Applause.) Oh, my goodness. Look at you guys! It’s good to be home. Oh, my God, it is really, really nice to be home. And the city looks beautiful. It’s like this every day, right? No rain. (Laughter.) Yes, we’ve been watching. The weather has been kind of crazy. It is really good to be home.

    Let me start by thanking Molly and Brian not just for that very kind introduction but for their tremendous hard work and generosity in supporting us, hosting this event. They are serving right alongside of us, and we’re very proud of them and their family. It’s because of people like them that we are here, so I want us to just take a moment to give them a round of applause and a thank you. (Applause.)

    And I also want to recognize our Governor, Governor Pat Quinn. I just saw you — there he is. (Applause.) Governor Quinn has been a great friend and a fantastic partner in our work on military families. And I’m looking forward to doing more work with you in the years to come, because I’m going to be voting for this man. And we’re going to do everything in our power to make sure he gets over the finish line. He is the guy for this state. (Applause.) Thank you, Governor. Thank you for being here.

    And of course, I want to thank all of you for taking time to be here. Gosh, I see Biff, I see so many people here! Oh, my God! I see so many old friends here today. Wow. Oh, my God, I’m not even going to start calling out names. (Laughter.) Look at you guys! Wow. I see folks who’ve been with us from the very beginning — folks who were with us back when Barack first ran for office here in Chicago, I see people I grew up with, around the corner; see people who were with us when we were out in Iowa and New Hampshire talking about hope and change, and getting all fired up and ready to go. Reggie Love was there — Hey, Reggie. I couldn’t miss your head. (Laughter.)

    And then you all were with us when Barack first took office — that cold, cold inauguration.

    AUDIENCE MEMBER: Very cold.

    MRS. OBAMA: Very cold. (Laughter.) And then we took a good look at the mess he’d been handed, and we all wondered what we had gotten ourselves into.

    Remember how bad things were back then? Sometimes it’s hard to remember, but we were in full-blown crisis mode. Our economy was literally on the brink of collapse. Wall Street banks were folding — you remember that? Businesses were losing 800,000 jobs a month. Folks on TV were panicking about whether we were headed for another Great Depression -– and that wasn’t just talk, that was a real possibility. And that was just what was going on here at home. We were also fighting two wars abroad; the man behind 9/11 was still on the loose. I just want to remind everyone, this is what Barack walked into on day one as President.

    For more: http://www.whitehouse.gov/the-press-office/2014/07/24/remarks-first-lady-dnc-reception-chicago-illinois

  18. CR says:

    9:15 AM ET
    Vice President Biden Speaks at the National Urban League Convention
    Cincinnati, Ohio

    WhiteHouse.gov http://www.whitehouse.gov/live

  19. CR says:

    12:50 AM ET
    President Obama attends a DNC fundraiser
    Los Angeles, CA

  20. CR says:

    July 24, 2014

    Remarks by the President on the Economy — Los Angeles, CA

    Los Angeles Trade-Technical College
    Los Angeles, California

    1:15 P.M. PDT

    THE PRESIDENT: Hello, L.A.! (Applause.) Good to see you! Hello, Los Angeles! (Applause.) Thank you. Thank you so much. Thank you, everybody. Now, if you’ve got a seat, sit down. I know that a couple people have been getting overheated. A tip for you — if you’ve got some water, then drink. Standing in the sun is rough. Bend your knees a little bit. And I’m going to try to be fast.

    AUDIENCE MEMBER: God Almighty, Jesus Christ — (inaudible.)

    THE PRESIDENT: That’s okay.

    AUDIENCE: Obama! Obama! Obama!

    THE PRESIDENT: All right. (Applause.) Thank you. Now, I have to admit that I’ve actually met that guy before. (Laughter.) That’s a couple of years ago and he had the same line. He needs to update his material.

    All right, everybody, settle down for a second. First of all, I’d like everybody to say thank you to Katrice not only for the great introduction, but for the great work she’s doing helping to train people to get the kinds of jobs that we want and opportunity for people that don’t have it. So, Katrice, thank you so much. (Applause.) We’re proud of you.

    My understanding — we understand we also have — Congresswoman Karen Bass is here. Where’s Karen? (Applause.) We love Karen. There’s Karen Bass. We’ve got — America’s Secretary of Labor, Tom Perez, is here. Give Tom a big round of applause. (Applause.)

    And we want to thank L.A. Trade Technical College for your hospitality. (Applause.) This is a school that does good work helping the unemployed retrain for new careers. And that’s one of the things I want to talk about today.

    AUDIENCE MEMBER: I love you!

    THE PRESIDENT: I love you back. (Applause.)

    I always love being in California. I spent a couple good years here in college myself.

    AUDIENCE MEMBER: Occi Tigers!

    THE PRESIDENT: Occi — that’s right, Occi Tigers. Earlier today, I sat down at Canter’s with Katrice and a few Californians who wrote to me. I get letters from folks all across the country and I read them every night. And folks tell me their stories — about their worries and their hopes and hardships and successes. Some say I’m doing a good job. Some say I’m an idiot — which let’s me know that I’m getting a representative sample. (Laughter.)

    But in addition to Katrice, a young woman named Kati Koster was there, and she told me about her life. She grew up in a working-class neighborhood in Wisconsin. Her parents taught her to value education, that that was going to be the ticket to the middle class. First in her family to go to college; moved on to get her master’s degree from Pepperdine, stayed out in California. (Applause.)

    And she wrote to tell me that she’s always played by the rules, valued education, worked hard but she felt “trapped” because no matter how hard she worked it seemed like she couldn’t get ahead. And she said, “If earning an education doesn’t open doors for someone like me to rise above my socioeconomic class…what does that say about our country?” “What does it say about our values,” she asked. She said, “I try not to be cynical, but one shouldn’t have to be rich or from a wealthy family in order to pay their bills, save some money, have fun, enjoy life.” She said, “I didn’t write this letter to complain. I wrote because I don’t know what else to do, and as the President of my country I hoped you would listen to my story.”

    So, L.A., I’m here because I am listening to Kati’s story. I’m listening to Americans all across the country, everybody who works their tail off, is doing the right thing, who believes in the American Dream, just wants a chance to build a decent life for themselves and their family. You are why I ran for President in the first place. And I am always going to be listening to you. (Applause.)

    For more: http://www.whitehouse.gov/the-press-office/2014/07/24/remarks-president-economy-los-angeles-ca

    • CR says:

      What Are “Inversions,” and Why Should You Care?

      Lindsay Holst July 24, 2014 02:43 PM EDT

      Today, President Obama is heading to Los Angeles Trade Technical College, where he’s calling for a kind of “economic patriotism” that’s based on investing in the things that we know grow the economy for everyone (like education and job training) — not protecting wasteful loopholes for a few at the top.

      And he’s calling attention to one kind of corporate merger deal in particular — called an “inversion” — a word you might be seeing in a lot of news headlines lately.

      It’s not the most intuitive name for a corporate tax loophole, so we’re going to break it down for you.

      Q: So what exactly is an “inversion”?

      A corporate “inversion” is what happens when a U.S.-based multinational with operations in other countries restructures itself so that the U.S. “parent” is replaced by a foreign corporation — and usually one that’s in a country with a lower tax rate than the United States. As a result, on the whole, this means that corporate income tax that would otherwise be paid to the United States ends up going overseas.

      In other words, right now, our tax code allows any American company to merge with a foreign company (so long as that company’s shareholders own 20% of the combined firm) — and then “relocate” or “invert” to another country for tax purposes. This maneuver — which changes nothing about the actual operations that continue in the U.S. — allows companies to dramatically reduce the taxes they owe in the U.S. by taking advantage of loopholes in our tax system.

      Meanwhile, they would continue enjoying the benefits and protections of the American economy — provided by our tax dollars. It’s a big loophole — and right now, it’s completely legal.

      READ MORE: http://www.whitehouse.gov/blog/2014/07/24/what-are-inversions-and-why-should-you-care

  21. CR says:

    *******************
    THIS POST IS NOW CLOSED NBLB

    Come on over to my newest post titled: ”Minorities in the U.S. Armed Forces – Executive Order 9981 ″

    ********************

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