On Thursday, August 2, 2012, President Obama will make two stops to lay out his vision to restore middle-class economic security. His first stop is in Orlando, Florida and the final stop is in Leesburg, Virginia. The president will discuss the choice in this election between two fundamentally different visions of how to grow the economy, create middle-class jobs and pay down the debt.
President Obama believes the only way to create an economy built to last is to build it from the middle out and not from the top down. His economic plan is to restore middle-class security by paying down our debt in a balanced way that ensures everyone pays their fair share and still invests in things we need to create jobs and grow our economy over the long term, like education, energy, innovation, and infrastructure.
President Obama will continue his “call out” to Congress to act now to give middle-class families some certainty by preventing a scheduled tax increase on 98% of Americans, including families in Florida and Virginia. President Obama has already cut taxes for a typical Florida family by $3,400 over four years and a typical Virginia family by $4,000 over four years. These cuts have afforded families to send their children to college, buy their first homes, pay for health care and child care.
The centerpiece of GOP presumptive presidential nominee Mitt Romney’s economic plan is a proposal to provide $5 trillion in additional tax breaks weighted toward the wealthy. Independent estimates find that Romney’s plan would cut taxes for millionaires by 25%, even as ti raises taxes on at least 18 million hardworking families. Obama for America press reports.
General Assembly, District 9, Senator Donald McEachin discusses President Obama’s Thursday visit to Virginia. President Obama will deliver remarks at Loudoun County High School 415 Dry Mill Road, SW, Leesburg, Virginia 20175.
Members of the media interested in covering President Obama’s stops in Florida and Virginia must RSVP for each stop by 9 a.m. EDT on Wednesday, August 1. No late submissions will be considered. RSVP here http://www.barackobama.com/press/rsvp/president-obama-delivers-remarks-at-a-grassroots-event-in-leesburg-va