- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

US White House Can No Longer Pretend to be 'Economic Hero'

© Flickr / Glenn PopeWhite House
White House - Sputnik International
Subscribe
President Barack Obama recently signed a budget law extending funding for the federal government until December 11. Otherwise the country could have faced a government shutdown.

The corresponding document was adopted by the House of Representatives and the US Senate. If this had not happened before October 1, the federal government would have stopped the work of a number of institutions, just as in 2013.

US Republican presidential candidate Donald Trump speaks during a campaign rally at the American Airlines Center in Dallas - Sputnik International
White House Officially Slams Republican Party for Racist Antics
The US administration and the Congress will have to agree on a draft budget for 2016 by December 11, otherwise the work of the government may come under threat.

At the same time, tensions between the White House and the Republicans in Congress are intensifying amid the start of a new fiscal year on October 1. The two major political parties have to agree on a number of provisions of the draft budget, and this will be a difficult task to achieve, US economist Alex Golubovic said.

He mentioned that US President Barack Obama has not fulfilled any of his promises and that it is becoming difficult for the White House to position itself as “a hero”. Republicans will try to discredit the economic policy of the Democrats and Obama as a president.

There will be a tough dispute over the debt ceiling and some budget provisions, the expert argued, adding that the battle is likely to heat up amid the upcoming 2016 presidential election. According to Golubovic, Republicans will carefully prepare for the presidential campaign and think out the arguments to illustrate Obama’s economic failures.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала