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Obama Calls for 'Grand Bargain' on Economy: 'Everybody's Going to Have to Give'
ABC News ^ | January 10, 2009 | George Stephanopoulos

Posted on 01/10/2009 9:10:12 PM PST by stevie_d_64

In my exclusive interview with Barack Obama airing tomorrow on This Week, the president-elect told me that fixing our economy over the long term will require sacrifice from every American and scaling back some of his campaign promises.

"Our challenge is going to be identifying what works and putting more money into that, eliminating things that don’t work, and making things that we have more efficient. But I’m not suggesting, George, I want to be realistic here, not everything that we talked about during the campaign are we going to be able to do on the pace we had hoped," Obama told me in his first interview since arriving back in Washington, DC as president-elect.

I asked the president-elect, "At the end of the day, are you really talking about over the course of your presidency some kind of grand bargain? That you have tax reform, healthcare reform, entitlement reform including Social Security and Medicare, where everybody in the country is going to have to sacrifice something, accept change for the greater good?"

"Yes," Obama said.

"And when will that get done?" I asked.

"Well, right now, I’m focused on a pretty heavy lift, which is making sure we get that reinvestment and recovery package in place. But what you described is exactly what we’re going to have to do. What we have to do is to take a look at our structural deficit, how are we paying for government? What are we getting for it? And how do we make the system more efficient?"

"And eventually sacrifice from everyone?" I asked.

"Everybody’s going to have to give. Everybody’s going to have to have some skin in the game," Obama said.

(Excerpt) Read more at blogs.abcnews.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; Government; Politics/Elections
KEYWORDS: 0bama; ayers; bho; bho2008; bhoeconomy; collectivist; commies; corruption; economy; extended; hussein; jeremiahwright; obama; obamanomics; radicalleft; rahm; rats; redistribution; socialism; spreadingthewealth; theplan; wright; yeswecan
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1 posted on 01/10/2009 9:10:13 PM PST by stevie_d_64
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To: stevie_d_64

I forgot to add the “barf alert”...


2 posted on 01/10/2009 9:11:14 PM PST by stevie_d_64
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Comment #3 Removed by Moderator

To: stevie_d_64

...sigh...


4 posted on 01/10/2009 9:13:05 PM PST by Psycho_Bunny (ALSO SPRACH ZEROTHUSTRA)
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To: stevie_d_64

If by “giving” he means giving up an entitlement, then Mr. O and I could get along better than I expect (which isn’t saying so much). That seems to be the way this thing reads, although I’m obviously jumping to conclusions.


5 posted on 01/10/2009 9:13:11 PM PST by squidly
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To: stevie_d_64

There goes the tax cuts for 95% of the people.
He would have known this if he gave his senate appointment any attention.

He lied to get elected and he knew all along it was a scam.


6 posted on 01/10/2009 9:14:07 PM PST by Danette ("If we ever forget that we're one nation under God, then we will be a nation gone under.")
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To: stevie_d_64
and scaling back some of his campaign promises.

Indian Giver.

7 posted on 01/10/2009 9:15:36 PM PST by sionnsar (Iran Azadi|5yst3m 0wn3d-it's N0t Y0ur5 (SONY)|http://trad-anglican.faithweb.com/|RCongressIn2Years)
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To: stevie_d_64
...says the guy just back from a Hawaiian vacation.
8 posted on 01/10/2009 9:15:38 PM PST by BookmanTheJanitor
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To: stevie_d_64

'Everybody's Going to Have to Give'

Does that include Congress giving back their automatic pay raises?
9 posted on 01/10/2009 9:15:38 PM PST by Mad Dawg (Oh Mary, conceived without sin, pray for us who have recourse to thee.)
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To: stevie_d_64
Let's say he was honest...

"Our challenge is going to be identifying what works and putting more money into that, eliminating things that don’t work, and making things that we have more efficient.

Goodbye 90% of Washington.

10 posted on 01/10/2009 9:15:40 PM PST by Entrepreneur (The environmental movement is filled with watermelons - green on the outside, red on the inside)
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To: squidly
Naw, none of that. Comrade Zero is going to offer the Republican minority in Congress a solution they can't refuse ~ that is, another chance to read the Grace Commission report and then balance the federal budget with an increase in federal employee medical insurance co-payments.

That'll be the end of attempts to do anything of course.

11 posted on 01/10/2009 9:16:53 PM PST by muawiyah
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To: stevie_d_64
Everybody? What ever happened to everyone earning $250,000....errr... $200,000......errr.. $150,000...ummm... $100,000 paying no more taxes?

I guess now, the saying is - if you are breathing, you will pay! NO surprise here.

12 posted on 01/10/2009 9:17:46 PM PST by TheBattman (Pray for our country....)
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To: stevie_d_64

Give? Yeah give up your Kenyan birth certificate.


13 posted on 01/10/2009 9:18:11 PM PST by Frantzie
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To: Entrepreneur
"Our challenge is going to be identifying what works and putting more money into that, eliminating things that don’t work, and making things that we have more efficient.

Sounds like the free market to me. If only.

14 posted on 01/10/2009 9:18:13 PM PST by AZLiberty (I hope Obama changes.)
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To: stevie_d_64
... for the greater good?

Yes.

Don't even try to hide it any more...full scale Communism.

15 posted on 01/10/2009 9:20:16 PM PST by maine-iac7 ("He has the right to criticize who has the heart to help" Lincoln)
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To: Danette
There goes the tax cuts for 95% of the people.

Anyone who thought this clown was actually going to cut anyones taxes should have been denied the Franchise due to mental incompetence.

L

16 posted on 01/10/2009 9:20:28 PM PST by Lurker ("America is at that awkward stage. " Claire Wolfe, call your office.)
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It’s time to be patriotic and pay more taxes. Also we can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times. (/sarcasm)


17 posted on 01/10/2009 9:20:48 PM PST by pepperhead (Kennedy's float, Mary Jo's don't!)
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To: randomhero97
BHO Front and Side Views
18 posted on 01/10/2009 9:21:05 PM PST by Larousse2 (Like June Carter Cash, "I'm just tryin' to matter.")
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To: TheBattman

Didn’t you hear, Obama appointed Joe Biden to find the middle class because he and Biden didn’t know any middle class people. Biden is going to let us know when he finds them. All the people that he and Obama know are going to have their taxes raised.

Obama lied.


19 posted on 01/10/2009 9:22:24 PM PST by Eva (CHANGE- the post modern euphemism for Marxist revolution.)
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To: squidly

The rats control both the house and senate. There will be no giving up of any entitlements.


20 posted on 01/10/2009 9:22:36 PM PST by pepperhead (Kennedy's float, Mary Jo's don't!)
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