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STATE OF THE UNION
PHOTO CREDIT: John Shinkle/POLITICO; politico.com
By Rachel Breton Hamlett
and Medicare. He promised he would base his cuts to Medicare as per the It’s no secret that our current POTUS has recommendation detailed in the Simpsonbeen a long-time admirer of President Bowles Report. Part of the savings comes Abraham Lincoln. Coincidentally, the from lower health care costs provided by delivery of President Obama’s 2013 State Obamacare. Additional savings would of the Union Address fell on February come from reducing taxpayer subsidies 12th, which happens to also be Lincoln’s to prescription drug companies and birthday. The annual speech was given in increasing co-pays from the wealthiest the chamber of the United States House seniors. The third cost savings would come of Representatives, to a joint session of from basing Medicare payments on quality the 113th Congress. President Obama outlined his key priorities for the fiscal year of care, not quantity of tests. Tax Code Overhaul by focusing on eight specific areas. Obama stressed the importance of Debt Reduction Obama discussed reducing the U.S. deficit protecting the middle class. He supported and debt, while ensuring that it will not come at the expense of Social Security
Create Jobs Obama pushed for job creation by asking Congress to help do the following: • Create 15 new public-private partnerships for manufacturing innovation and technology. • Raise level of R&D to that seen during the space race. continue “State of the Union” on page 4
INSIDE THIS ISSUE:
Page 5 Fun at the Zoo NewYorkTrendnyc
a bipartisan comprehensive overhaul of the tax code to make it simpler. He advocated lower tax rates for businesses that create U.S. jobs, and penalties for those that create jobs overseas.
Page 6 Spotlight on a Brooklyn Restaurant
February 14th-21st www.newyorktrendnyc.com