The Recovery Act will create new jobs making our homes and offices more energy efficient.
Barack Obama
The Public Record
Barack Obama served as the 44th President of the United States from January 20, 2009, to January 20, 2017. A member of the Democratic Party, he previously represented Illinois in the U.S. Senate from 2005 to 2008 and served in the Illinois State Senate from 1997 to 2004. Obama is known for his signature policies including the Affordable Care Act, also known as Obamacare, and his efforts in economic recovery following the 2008 financial crisis. His presidency was marked by significant legislative achievements and a focus on healthcare reform, climate change, and foreign policy initiatives such as the Iran nuclear deal.
If we, our children, and our grandchildren are to prosper in the 21st century, we must decrease our dependence on oil.
What we need to do is raise the cap on the payroll tax so that wealthy individuals are paying a little bit more into the system.
We talk about balancing the budget. We talk about sound dollars. But the policy we have got in place here to fix it is not consistent with the ideal policies we want to have.
I do not believe you can cut entitlements, Medicare, Medicaid, $800 billion. That money is out the door.
What we have done is kicked this can down the road. We are now at the end of the road, and we are not in a position to kick it any further. We have to signal seriousness in this by making certain some of the hard decisions are made under…
Short term, we have got to focus on boosting the economy and creating jobs. Part and parcel of that is a plan for a sustainable fiscal situation long term.
This plan must begin today, a plan I'm confident will save or create at least three million jobs over the next few years.
For every day we wait or point fingers or drag our feet, more Americans will lose their jobs, and our nation will sink deeper into a crisis that at some point we may not be able to reverse.
It is true that we cannot depend on government alone to create jobs or long-term growth. But at this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe.
This plan must begin today. A plan I'm confident will save or create at least 3 million jobs over the next few years.
If nothing is done, this recession could linger for years. The unemployment rate could reach double digits.
For every day we wait and point fingers or drag our feet, more Americans will lose their jobs, and our nation will sink deeper into a crisis that at some point we may not be able to reverse.
We cannot depend on government alone to create jobs or long-term growth, but at this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe.
Together with Secretary Gates and our military, we will work to responsibly end the war in Iraq, defeat al Qaeda and the Taliban, and renew America's strength and standing in the world.
We can't be a regional party or a party of a few states that might get us to 270 electoral votes, but that we've got to be a party that plays everywhere.
If we united Democrats and Republicans and independents from red states as well as blue states, if we rallied the entire Nation around a common purpose, then we would not only build a strong campaign, but we would build a movement for…
It would be a mistake to take our success in the campaign as a sign that our work is somehow complete.
It is time to set a new course for this economy, and that change must begin now.
The true test of the policies we'll pursue won't be whether they're Democratic or Republican ideas, but whether they create jobs, grow our economy, and put the American Dream within reach of the American people.
I am honored that they have joined me in this mission, and I trust that they will serve the American people well.
I am confident that these distinguished individuals have the expertise and commitment needed to help me implement a sustainable national security strategy that combats 21st century threats and keeps the American people safe.





