Myanmar opposition leader Aung San Suu Kyi looks on as President Barack Obama shakes hands after a roundtable with members of parliament and civil society to discuss Myanmar’s reform process in Naypyitaw, Myanmar
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President Barack Obama with Myanmar President Thein Sein ahead of the 9th East Asia summit plenary session at Myanmar International Convention Center in Naypyitaw, Myanmar
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President Barack Obama speaks with Aung San Suu Kyi
President Barack Obama speaks at a U.S.-ASEAN (Association of South East Asian Nations East Asia) session at the Myanmar International Convention Center
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President Barack Obama talks to members of his delegation as he attends an East Asia Summit Plenary at the Myanmar International Convention Center in Naypyitaw, Myanmar. With President Obama are Nina Hachigian, U.S. Ambassador to the Association of South East Asian Nations (ASEAN) and U.S. Ambassador to Myanmar Derek J. Mitchell
President Barack Obama and Vietnamese Prime Minister Nguyen Tan Dung hold a bilateral meeting. President Obama says he sees opportunities for deeper engagement and cooperation with Vietnam despite the difficult history between the two nations
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From left, South Korea President Park Geun Hye, U.S. President Barack Obama, Philippine President Benigno Aquino III, Brunei’s Sultan Hassanal Bolkiah, arrive for group photo session during the East Asia summit
Myanmar university students walk past a graffiti of President Barack Obama on a roadside in Yangon, Myanmar
President Barack Obama smiles as he joins hands with leaders of the Association of Southeast Asian Nations at a group photo session during the 2nd ASEAN-U.S Summit at Myanmar International Convention Center in Naypyitaw, Myanmar. They are from left: Philippine President Benigno Aquino III, Singaporean Prime Minister Lee Hsien Loong, Thailand’s Prime Minister Prayuth Chan-ocha, Vietnamese Prime Minister Nguyen Tan Dung, Obama, Myanmar President Thein Sein, Malaysian Prime Minister Najib Razak, Brunei’s Sultan Hassanal Bolkiah and Cambodian Prime Minister Hun Sen
The Atlantic (Derek Thompson): The White House and Republicans have reached an agreement on the Bush tax cuts, and it’s a whopper. Republicans get their tax cuts. Democrats get their second stimulus…
Let’s think about what this means from both a short-term stimulus perspective and a long-term deficit perspective. In the near future, this means significant help for American families and businesses that seemed out of reach just a few days ago. Unemployment benefits are considered the most effective form of stimulus. The payroll tax holiday will double the relief from the Making Work Pay tax credit, giving average worker thousands — yes, thousands — of dollars in additional after-tax income. The extensions to the refundable portions of the Child Tax Credit and EITC will also target low income families hit hardest in the downturn.
In short, a $60 billion tax cut for the richest will be unsavory to some people, but it’s become a vehicle for historic tax relief for average Americans. Of the six stimulus ideas analyzed by the CBO in the summer, this deal has four, including the two most stimulative: jobless benefits and a payroll tax cut, both of which target the middle- and low-income Americans.
…..Today, Americans at every income level got a major stimulus. But tomorrow’s deficit debate just got louder and more urgent.
White House YouTube Channel: This week, walk step-by-step with the President as he attends a naturalization ceremony for some members of the Armed Forces, delivers a eulogy for West Virginia miners, welcomes the World Series Champion New York Yankees, travels to the Midwest as part of his White House to Main Street tour, and much more.
President Barack Obama at an event with the New York Yankees, the 2009 World Series champions, in the East Room of the White House in Washington, DC, April 26, 2010.
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