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President to Visit Montco Friday

President Obama is scheduled to visit Hatfield manufacturer on Friday as part of his tour to raise awareness about the 'looming fiscal cliff.'

According to multiple news sources, President Barack Obama is scheduled to visit Hatfield on Friday as part of a tour to make a public case for his administration's plan for addressing the impending "fiscal cliff."

So what is the fiscal cliff? It's the changes expected to go into effect when the 2011 Budget Control Act expires at the end of the year. Among the changes are:

  • The end of last year’s payroll tax cuts (which means a 2 percent tax increase for workers);
  • The end of the 2001-2003 tax cuts;
  • The beginning of heath care-related taxes set in motion by the president’s Affordable Care Act.

At the same time, spending cuts agreed on in last year's debt ceiling agreement will go into effect, meaning steep cuts to things like the defense budget and Medicare.

According to the Associated Press, both sides warn that going over the cliff could harm the fragile economic recovery, but the White House and congressional Republicans still differ on whether the answer is to raise taxes or close tax loopholes and deductions.

On Friday, the President will visit the Rodon Group, a Hatfield-based manufacturer that makes K'NEX, Tinkertoy and Angry Birds building sets, to highlight the company as an example of a business that thrives when middle-class consumers have more money in their pockets.

Pennsylvania GOP Spokesperson Valerie Caras issued an email statement suggesting that the president's time could be better spent working with Republicans in Washington.

"Considering the financial challenges our nation faces, we urge President Obama to get to work with Congressional Republicans to find a solution that prevents our economy from falling over the fiscal cliff." wrote Caras.

Read more about the president's visit here and check back with Patch on Friday for updates from the event.

Tim Lewis November 29, 2012 at 02:39 PM
Why do democrats have so much hate?
Sergei MacCarron November 29, 2012 at 10:26 PM
Yes, Michael, I'm a resident of Norristown, and live not too far from where my ancestors first immigrated to Norristown almost 100 years ago. I can guarantee my family has been here longer than yours. I'm well aware of how lower income issues, such as section 8, get dumped on Norristown by the rest of the county. Heck, I'm well aware of how townships like Whitpain and Plymouth drop their homeless citizens off in our neighborhood. What I'm not following is how this demonstrates an issue with section 8 program, or its recepients; seems to me like this demonstrates an issue with where section 8 being dumped on the poorest town in the county, and also an issue with the county leadership and their priorities for Norristown. If you want to get angry at someone for the volume of section 8 in Norristown, when compared to other townships, it seems like the county leadership would be the proper folk to get ticked off at. I didn't say that only landlords benefit. I said that landlords benefit far more than the recipients do, because they get automatic money from the government. Even a landlord from an upscale apartment complex in King Of Prussia can't get that kind of guarantee from their wealthy residents, as landlords for section 8 housing get from the government.
Sergei MacCarron November 29, 2012 at 10:26 PM
You're more than welcome to 'fight' about your tax dollars. I'm involved in such a fight too, although I personally would rather my tax dollars go to fund section 8 housing for poor people, then funding Israel's military or murdering Pashtuns in Afghanistan. Your political views have no bearing on why I think you're an angry old white man pretending to be black. I'm well aware of plenty of black conservatives. The reason I highly suspect that you are a white man pretending to be black is the fact that you felt the need to point this out the second you got called out for sounding racist dog whistles. Usually someone insisting they are black over the internet is an indication that they're a lying white man. Your politics have nothing to do with it.
Sergei MacCarron November 29, 2012 at 10:30 PM
Just about every member of Obama's economic team graduated from the University of Chicago. The university of Chicago is the preeminent capitalist economic school in the modern era, and has been since the death of Keynesian economics in the 70's. Google Milton Friedman and ask yourself if that guy is a socialist. Then google Tim Geithner and Larry Sumners, and ask yourself if they are socialists. If no, then neither is Obama or his economic team, many of whom are graduates from the University Of Chicago. Do you people forget that it was Clinton, a democrat, who successfully destroyed welfare better than any republican candidate, and almost privatized social security?
Ruth November 30, 2012 at 01:18 PM
I do not belong to any political parties. I am neurtral and I do not take sides.

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