Obama: 'Choose Tax Cuts for Billionaires, or Food Safety'
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Uploaded by attention101tv on Jun 29, 2011
"If we choose to keep those tax breaks for millionaires and billionaires, corporate jet owners, hedge fund managers, oil & gas companies that are making 100's of Billions of dollars, then that means we have to cut some kids off from getting a college scholarship. That means we have to stop funding certain grants for medical research. That means that food safety may be compromised. That means that Medicare has to bear a greater part of the burden. Those are the choices we have to make.
Before we ask our seniors to pay for more healthcare, before we cut our children's education, before we sacrifice our commitment to the research and innovation that will help create more jobs in the economy, I think it's only fair to ask an oil company or corporate jet owner that has done so well, to give up that tax break that no other business enjoys. I don't think that's real radical. I think the majority of Americans agree with that."
Barack Obama News Conference 06/29/11
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