Posts Tagged Republican Party (United States)
In response to criticisms leveled at the bi-partisan super committee that will convene this fall to address budget deficit concerns, President Obama said today that he will form an even more powerful group that he has dubbed the “Ginormous Committee.”
Speaking to reporters in an impromptu session this afternoon behind the livestock auction pavilion at the Illinois State Fair, President Obama said he plans to unveil the new committee as an adjunct to the super committee.
“All of our efforts to stimulate job creation and trim spending will be focused through this new extra super committee or, as I have termed it, the “Ginormous Committee’. We’re really getting most serious about this.” Obama said, offering his ‘most serious’ face (see photo).
During the recent GOP Presidential candidate debate, Newt Gingrich was particularly critical of the upcoming super committee saying, “I think this super committee is about as dumb an idea as Washington has come up with in my lifetime.”
In a tweet announcing Democrat House appointees to the super committee, House Minority Leader Nancy Pelosi said her team will “focus on economic growth & job creation–which reduces deficit.”
In a slightly more grammatically correct statement issued later in the day, Ms. Pelosi said she hoped the committee would continue to work towards a “grand bargain,” which she has relabelled a “ginormous bargain’ echoing the President’s new moniker.
When reporters asked President Obama if the “Ginormous Committee” would be connected to his new jobs creation program, slated to roll out after the September 5th holiday, he replied, “We believe that the relationship between jobs and the deficit is palpable and substantive. So, as an effort to put forth a balanced plan, we see connections there, yes.”
When reporters from Dreadmonger asked if the President’s proposals will consist of the same things he has previously identified, namely, extending the payroll tax reduction, ratifying free trade bills, and passing patent reform legislation, the President replied, ” Those are in there, sure, along with some other new ideas that we are kicking around.”
When reporters pressed the President for more details on the new ideas, President Obama declined to further elaborate, saying “We still have a few details to iron out but, we really think the word ‘Ginormous’ gives you an idea of where we’re headed.”
Dreadmonger will continue to update this story as it develops.
- President Obama to address jobs in early September speech (cnn.com)
- Obama Looks To The Super Committee To Solve All Of His Problems (businessinsider.com)
- Obama eyes tax cuts and job creation plans (cbc.ca)
- Obama to unveil economic plan (business.financialpost.com)