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Election Day is Tomorrow

English: South façade of the White House, the ...

After months of campaigning, one million ads and $1 billion in campaign spending, the race for the White House comes to a close tomorrow. I don’t want to go to much into the speculations but according to some, Ohio is going to be the decisive state for Obama and Romney. However, everyone has a different theory about where things will end up on Election Day; some even predicting control of the White House won’t even be settled by the time we go to sleep Tuesday night. Ultimately, what it comes down to is voter turn out, whether you’re a Republican, Democrat, Independent, etc. It is important to make your voice heard tomorrow. Remember every vote counts! Polls will be open in Pennsylvania on Tuesday, Nov. 6, from 7 a.m. until 8 p.m., for the general election. First time voters and anyone else with questions can get more information at www.votespa.com.

Does Weak Jobs Report Hurt Obama Re-Election Bid?

Official photographic portrait of US President...

Official photographic portrait of US President Barack Obama (born 4 August 1961; assumed office 20 January 2009) (Photo credit: Wikipedia)

The March jobs report delivered a downside surprise with the economy adding only 120,000 new payrolls, while the unemployment rate ticked down to 8.2%. Politicians on both sides of the aisle will pounce on these numbers with the Presidential election just seven months away. The question still remains: Just how much will it impact votes in November? “I don’t think there is a magic formula or a specific unemployment number that can guarantee the President’s loss or victory in November,” says Nathan Gonzales, deputy editor of the Rothenberg Political Report and founder of PoliticsInStereo.com.

Gonzales says it’s more about the perception of the economy and not the actual data. If Americans believe the country is headed in the right direction, they will be less apt to change the leadership. This reality frustrates the White House he says, because voters could be susceptible to a sentiment that may or may not match the numbers. Jobs reports like the ones released today are important, but it’s more about the broader trend leading up to the election.

“If (the economy) starts to go down, there’s more of a hiccup or a stalling…then that just plays right into the Republican hands being able to say ‘look it’s time for a change, the President’s policies aren’t working.'” If jobs numbers are the more cerebral data point, gas prices are the in your face indicator for the average American. “If gas prices are high I think that leads to a little bit of sense the country’s not headed in the right direction,” says Gonzales, “and that would fall on the shoulders of the incumbent president and people may be looking for a change once again.” Regardless of the weakness in the March numbers, Gonzales expects the President to stress overall economic improvement over the course of his first term.

Will improving economic data lead to a second term for Obama, or will Republicans convince voters the country is headed in the wrong direction?

Obama on extending payroll tax cuts

Relishing a political victory, President Barack Obama said Tuesday that Congress “did the right thing” by extending payroll tax cuts for millions of Americans. He urged lawmakers to push forward on more measures, from assistance to struggling homeowners to increased taxes on the wealthy, saying the looming election was no excuse for inaction in Washington.”Don’t stop here. Keep going,'” Obama said during a White Houseevent marking the passage of the tax cuts. “Keep taking the action that people are calling for to keep this economy growing. This may be an election year, but the American people have no patience for gridlock,” he said.

Obama was celebrating a tax cut that is already in place, but due to expire at month’s end. He said the extension of the tax cut for the rest of the year will have a spillover effect: More people will spend money and more businesses in turn will be prodded to hire workers, and so “the entire economy” gets a boost. Congress overwhelmingly passed the $143 billion measure on Friday. The bill extends both a 2 percentage point reduction in the tax that funds Social Security and extends jobless benefits for the long-term unemployed. The measure also averts a big cut in the reimbursements doctors get for treating Medicare patients.

But Tuesday’s event was not a bill-signing because the bill is not yet in Obama’s hands. Not knowing when the legislation will come down from Capitol Hill, the White House decided to go ahead and hold its event now, while the victory is still fresh in people’s minds. No major event is planned for the actual bill-signing. The payroll tax cut was a centerpiece of the jobs plan Obama unveiled last year — and of a re-election strategy that seeks to cast his GOP foes as protectors of the rich out of touch with the worries of working families. For more information check out the full article posted by Yahoo.com by clicking here.

Obama pushing for payroll tax cut extension

Official presidential portrait of Barack Obama...

President Barack Obama warned Tuesday a failure to extend a payroll tax break would hurt middle-class families, effectively daring congressional Republicansto increase taxes a year before the presidential election. Speaking in the state that is home to the nation’s first presidential primary, Obama sought to steal the spotlight from Republican presidential contenders who have blanketed the political battleground with anti-Obama messages.

“Don’t be a Grinch. Don’t vote to raise taxes on working Americans during the holidays,” Obama said at a high school gymnasium. Even as he sought to draw a bright line with Republicans over taxes, Obama was reminded about the unhappiness among some in the Occupy Wall Street movement. As he began to speak, Obama was briefly interrupted by protesters who chanted, “Mr. President — over 4,000 protesters, over 4,000 protesters, have been arrested.” Obama paused to let the demonstrators speak. “No, no, no. That’s OK,” Obama said.

The crowd then sought to drown out the protesters with chants of “Obama!” Working the crowd after the speech, Obama was handed a note from the protesters that amounted to a script of their chant. Captured in photographs, the note said peaceful demonstrators had been arrested while “banksters” destroy the economy “with impunity.” The note urges Obama to stop the assault on protesters’ freedom of speech and says his “silence sends a message that police brutality is acceptable.” It’s been nearly two years since Obama visited New Hampshire. And on Tuesday, he’ll find a state that has shifted distinctly to the right since his 2008 victory. Recent polls indicate that, if an election between the two of them were held today, Obama would lose by roughly 10 percentage points to presidential hopeful Mitt Romney, who governed the neighboring state of Massachusetts.

The president’s trip to the state that holds the first presidential primary follows the collapse of the special congressional deficit-reduction supercommittee, which failed to reach a deal on $1.2 trillion in cuts. Democrats had hoped to tuck the payroll tax extension, as well as a renewal of jobless benefits for the unemployed, into a supercommittee agreement. With that option seemingly off the table, the White House plans to push hard for a separate measure to extend the payroll tax cuts before they expire at the end of the year — and set up Republicans as the scapegoat if that doesn’t happen. The White House says a middle-class family making $50,000 a year would see its taxes rise by $1,000 if the payroll tax cuts are not extended. For more information check out the full article at http://www.yahoo.com or by clicking here.

President Obama; Address on the Budget

With a far more important confrontation over the debt ceiling still looming, President Obama has announced he will make a major speech today in which he plans to lay out his own long-term approach to addressing the nation’s fiscal challenges. You can view President Obama’s address on the budget live at 1:35 p.m. ET. via Youtube.com. For a free insurance quote visit our website today at http://www.kimberleyvassal.com

Obama Seeks GOP Summit

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President Obama made a dramatic attempt to jump-start the stalled health care debate Sunday, inviting Republicans in Congress to a half-day summit on the subject. The president made the offer in an interview with CBS News anchor Katie Couric just hours before the Superbowl. Obama challenged Republicans to come to the discussion armed with their best ideas for how to cover more Americans and fix the health insurance system. Visit our homepage at http://www.kimberleyvassal.com.