Fiscal Cliff and the Economy

President Obama spoke at the Daimler Detroit Diesel Plant in Redford, Michigan, about the importance of a strong middle class, and called… read more

President Obama spoke at the Daimler Detroit Diesel Plant in Redford, Michigan, about the importance of a strong middle class, and called on Congress to sign legislation to avoid the “fiscal cliff.” In his speech he said he wanted a tax code that rewarded companies for creating jobs, pointing to Daimler’s $120 million investment that was to create 115 new jobs. He also criticized Michigan’s just-passed “right to work” legislation: “These so-called right to work laws, they don’t have anything to do with economics. They have everything to do with politics. What they’re really talking about is, giving you the right to work for less money.”

"Fiscal cliff" referred to impending tax increases and budget cuts at the end of 2012 if Congress failed to reach a new budget agreement. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Fiscal Cliff and the Economy

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Program ID:
309864-1
Category:
White House Event
Format:
Speech
Location:
Redford, Michigan, United States
First Aired:
Dec 10, 2012
Last Aired:
Dec 11, 2012

Airing Details

  • Dec 10, 2012 | 2:27pm EST | C-SPAN 1
  • Dec 10, 2012 | 2:30pm EST | C-SPAN RADIO
  • Dec 10, 2012 | 8:01pm EST | C-SPAN 1
  • Dec 11, 2012 | 12:15am EST | C-SPAN 1
  • Dec 11, 2012 | 3:30am EST | C-SPAN RADIO
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