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Thursday 18 January 2018
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Obama says Economic Crisis is over in 2015 State of the Union Address

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stateoftheunionPresident Barack Obama delivered his sixth State of the Union address Wednesday, in a speech before Congress, stating there has been an end to the economic crisis, and pledging economic policies to benefit all Americans.

“Tonight, we turn the page,” Obama stated. “The shadow of crisis has passed, and the state of the union is strong.”

Obama also spoke about his previous proposals, which were to raise taxes and fees on the wealthiest Americans, and largest financial institutions, in order to use the money to pay for free tuition for two years of community college, and for a $500 tax credit for married couples in which both spouses have jobs.

The administration rolled out several of his proposals in the weeks prior to his address.

Obama also proposed the following additional plans:

• Advance statutory sick leave and minimum wage
• Improved cyber security and consumer protection
• Moving forward with plans to shut down Guantanamo prison
• Instituting equal pay for men and women

In addition, he referred to “middle-class economics” during the speech, and said the country has seen its “fastest economic growth in over a decade.”

Obama also said he would veto any Republican bills that sought to unravel his healthcare, financial regulation or immigration reforms in the coming year.

Visit http://www.whitehouse.gov/blog/2015/01/20/watch-president-obamas-2015-state-union for additional information or to watch the president’s address.