US President Obama Urges Congress to Pass KORUS FTA
On the first day of his three-day Midwestern bus tour Monday, United States President Barack Obama once again urged the country's Congress to put partisan games aside and quickly pass Washington's pending free trade agreements with Korea, Colombia and Panama.
The president also criticized Republicans for failing to act on some of the measures he has proposed, saying that the country's political system is broken.
[Interview : Barack Obama, US President] "Some in Congress would rather see their opponents lose than America win. We ended up creating more uncertainty and more damage to an economy that was already weak."
Obama went on to say that the ratification of the free trade deals will not only attract capital from the public sector, but also from the private sector adding that if the Korea-US FTA comes into effect, Americans will see US-manufactured cars, such as Chevrolet and Ford, being sold in the Korean market.
The president also said that he would release a detailed plan for the country's economic growth, job creation and budget problems when Congress returns from recess.
[Interview : Barack Obama, US President] "I'll be putting forward when they come back in September a very specific plan to boost the economy, to create jobs and to control our deficit. And my attitude is get it done."
With America's unemployment rate currently standing at just above nine percent, Obama's bus tour through the Midwest is mainly aimed at listening to people's concerns about the US economy.
Oh Jee-hyun, Arirang News.
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