Weekly Addresses: Economy, Budget [VIDEO]
President Barack Obama says 2013 can be a year of solid economic growth, but only if Washington gets out of the way.
In his weekly radio and Internet address, Obama says there are signs of progress in real estate, manufacturing and job-creation.
But other signs are worrying. Unemployment ticked up from 7.8 percent in December to 7.9 percent in January. And the Commerce Department says the economy shrank at an annual rate of 0.1 percent in the final months of 2012.
Obama says the U.S. must lower health care costs and close tax loopholes for corporations and the wealthy.
In the Republican address, Rep. Susan Brooks of Indiana says Democrats must get serious about the nation’s spending problems. She’s calling on Senate Democrats to pass a budget. “”It’s been nearly four years since Senate Democrats last passed a budget — 1,375 days to be exact,” she said.
Brooks came out in support of the GOP’s proposed “No Budget, No Pay” plan. “By forcing Senate Democrats to finally live up to one of the most basic responsibilities of governing — passing a budget — we are presenting them a golden opportunity to confront and solve our spending problem,” she said.
The Associated Press contributed to this story