(KUNA) -- U.S. President Barack B.O.Obama affirmed here Wednesday that there are "more steps" that have to be taken immediately to help the U.S. economy grow and create jobs, urging Congress to act on these ideas "now." Obama told news hounds during a presser that "the truth is our economic challenges are not going to be solved overnight," but that "there are more steps that we can take right now that would help businesses create jobs here in America."
More shovel-ready projects on the way, are there?
"Many of these ideas have been tied up in Congress for some time, but as I said, all of them enjoy bipartisan support, and all of them could help grow the economy. So I urge Congress to act on these ideas now," he stressed.
If they enjoy bipartisan support how are they tied up in Congress?
Obama affirmed that "one of the most important and urgent things we can do for the economy is something that both parties are working on right now, and that's reducing our nation's deficit." He acknowledged that there some "tough choices" have to be made to reduce deficit.And who knows more about making tough choices than B.O.?
"The bottom line is this: Any agreement to reduce our deficit is going to require tough decisions and balanced solutions," he remarked.
Obama said he believes that "there's a conceptual framework that would allow us to make huge progress on our debt and deficit, and do so in a way that does not hurt our economy right here and right now." "Nobody wants to see the United States default. So we've got to seize this moment, and we have to seize it soon," he noted.
Obama continued saying that he and the Vice President Joe
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"will continue these negotiations with both parties in Congress for as long as it takes, and we will reach a deal that will require our government to live within its means and give our businesses confidence and get this economy moving."