Obama Start to Cut Tax – Now, should do the effort to stabilizes the banking system as soon as possible, stop to house price reduction and handle the budget deficit. Obama state that he will planning to have fiscal meeting on Monday to talk about the deficit matter.

He will explain his speech on Tuesday about the government priority, before announce the budget on Thursday. Obama will announce the budget that logic, honest and detail in infestation strategic that they need, remove that should not necessary and apply the fiscal discipline again.

Nevertheless, Obama also warn about the future challenges. He said that it has similar importance with this planning agreement to be law. It is the first step to the economic improvement. This entire thing is not easy. The future challenges still long and full with problem.

These plan stimuli agree in this week for saving, the 3.5 million of job creation, rise up the state expenditure and establish the public utility.   

In the last week, Obama will announce the government policy to help the family, who has problem about house credit payment. Only three members from republic party in congress that agrees and supports that stimulus package. Even Obama ask the supports from all of parties. They are saw the new policy that content the tax reduction is not enough. 

Dave Camp, the man who come from Republic party, said in his weekly speech that they are also look that the president expenditure planning will make the American finance load with debt for years. They do not to debt and spend to become wealth. If Obama want to handle this serious problem and handle about the financing, the budget should to look too.