President Obama's Weekly Address, "Crossroads on the Economy"

In this week’s address, President Barack Obama broke with Republicans in Congress who are putting special interests ahead of the American people and offering only a rehash of the very same economic policies that led to the financial crisis. When the GOP asked the American people, through a website, for ideas, one that drew great deal of interest is ending tax breaks for companies that ship jobs overseas. But when the administration closed one of the most egregious loopholes for companies creating jobs overseas, Republicans were almost unanimously opposed. Rather than offering a path to a better future, their plan is an echo of a disastrous decade the country cannot afford to relive.



Transcript

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