VOA NEWS — U.S. President Barack Obama says that if the Republican Party regains control of the House of Representatives, it will bring back policies responsible for “a disastrous decade” in the United States.
In his weekly address Saturday, Mr. Obama said the Republicans’ “Pledge to America” plan has worn-out ideas, including tax cuts for the richest Americans and loosening regulations for Wall Street and special interests.
The plan also calls for a reduction in government regulation, a repeal of Obama-backed health care reform legislation passed earlier this year, and an end to the administration’s economic stimulus package.
In the Republicans’ weekly address, Representative Kevin McCarthy said the plan reflects Americans’ rejection of the idea that the country can tax, borrow and spend its way to prosperity.
Republicans are forecast to make gains in November’s mid-term elections, and possibly regain control of one or both houses of Congress.
Some information for this report was provided by AP, AFP and Reuters.