Taking what promised to be a very brief Christmas break from the ongoing struggle to avoid the “fiscal cliff” of tax hikes and spending cuts, US President Barack Obama relaxed with his family on Saturday at a beach retreat in Hawaii.
The US Congress is set to return to Washington on Thursday and Obama has pledged to work with lawmakers to strike a deal to avoid the economic shock from tax and spending measures set to take effect on Jan. 1 if a deal cannot be reached, which many economists say could push the US economy back into recession.
The US president is expected to indulge in some of his favorite pastimes on the island where he was born and raised: golf, an expedition for the local treat “shave ice,” and an evening out with family and friends. He hit the links at the nearby US Marine Corps base under sunny skies on Saturday afternoon.
Obama’s idyll was not expected to last more than four days and he will likely retrace the more than 7,725km trip from the Aloha State to Washington after Christmas in a bid to cut a deal with Republicans, who failed on Thursday last week to agree on competing tax and spending bills of their own.
Before leaving Washington on Friday evening, Obama urged Congress to come up with a stopgap measure to spare the US economy the jolt of about US$536 billion in tax increases and about US$110 billion in spending cuts divided equally between the US military and most other federal departments.
Obama has scaled back his ambitions for a sweeping budget bargain with Republicans. Instead, he is calling for a limited measure sufficient to prevent the government from careening off the fiscal cliff by extending tax cuts for most taxpayers and forestalling a painful set of agency budget cuts.
In a White House appearance on Friday, Obama also called on Congress to extend jobless benefits for the long-term unemployed that would otherwise be cut off for 2 million people at the end of the year.
Obama’s announcement was a recognition that chances for a larger agreement before year’s end have probably collapsed. It also suggested that any chance for a smaller deal may rest in the Senate, particularly after the collapse of a plan by House of Representatives Speaker John Boehner to permit tax rates to rise on incomes above US$1 million.
“In the next few days, I’ve asked leaders of Congress to work toward a package that prevents a tax hike on middle-class Americans, protects unemployment insurance for 2 million Americans, and lays the groundwork for further work on both growth and deficit reduction,” Obama said. “That’s an achievable goal. That can get done in 10 days.”
Maybe, maybe not. The latest plan faces uncertainty at best in the sharply divided Senate.
Boehner, giving the Republican weekly radio address, said: “Of course, hope springs eternal and I know we have it in us to come together and do the right thing.”
Earlier, Boehner said Obama needs to give more ground to reach an agreement and that both he and Obama had indicated by telephone on Monday last week that their latest offers were their bottom lines.
“How we get there, God only knows,” he added.
Obama said that he had offered to meet Republicans halfway when it came to taxes and “more than halfway” toward their target for spending cuts.
However, it is clear that there is great resistance in Republican ranks to forging a bargain with Obama along the lines of a possible agreement that almost seemed at hand just a few days ago: tax hikes at or just above US$1 trillion over 10 years, matched by comparable cuts to federal health care programs, Social Security benefits and across federal agency operating budgets.
Obama said he remains committed to working toward a goal of longer-term deficit reduction to reduce chronic US$1 trillion deficits while keeping nearly all tax rates in place.
Neither the House nor the Senate is expected to meet again until after Christmas. Officials in both parties said there was still time to prevent the changes from kicking in in the new year.
Reporters Without Borders has accused the Algerian government of taking advantage of the COVID-19 pandemic to “settle scores” with independent journalists, including those covering long-running anti-government protests. In a statement signed with Algerian non-governmental organizations, the watchdog on Thursday called for the immediate release of its correspondent, Khaled Drareni, who has been in pretrial detention since Sunday after being charged with inciting an unarmed gathering and endangering national unity. Drareni has been arrested several times for covering the “Hirak” anti-government protests held in the capital, Algiers, every Friday since February last year. Imprisoning people during a pandemic is “an act of physical endangerment,”
Vietnam has lodged an official protest with China following the sinking of a Vietnamese fishing boat that it said had been rammed by a Chinese maritime surveillance vessel near islands in the South China Sea. The Vietnamese fishing vessel, with eight fishermen onboard, was fishing near the Paracel Islands (Xisha Islands, 西沙群島) on Thursday when it was rammed and sunk by the Chinese vessel, the Vietnamese Ministry of Foreign Affairs said in a statement posted on a government Web site yesterday. All of the fishermen were picked up by the Chinese vessel alive and were transferred to two other Vietnamese fishing vessels
DIVIDED YOUTH: There is a belief that overseas students see themselves as superior, which is compounded by perceptions of their extreme wealth and multiple nationalities Chinese students flying home from overseas to escape the COVID-19 pandemic face a frosty reception from sections of the public who view them as wealthy, spoiled — and potentially contaminated. The number of officially reported cases in China has dwindled dramatically over the last month, but the country is now taking drastic steps to try and stem a second wave of infections brought in from abroad. With most international flights canceled and nearly all foreigners barred from entering the country, the vast majority of returnees are Chinese nationals, including many students. The situation has exposed animosities over class and privilege in Chinese society,
The dramatic quietening of towns and cities during lockdown in Britain has changed the way the Earth moves beneath our feet, scientists said. Seismologists at the British Geological Survey (BGS) have found that their sensors are twitching less now that human activity has been curtailed, leading to a drop in the anthropogenic din that vibrates through the planet. The fall in the human hum that rings around the world means that, in theory at least, the scientists should be able to detect smaller earthquakes in the UK, and more distant tremors in Europe and in countries further afield than their equipment usually