PRESIDENT BARACK OBAMA: Climate Change

House Of Representatives Dept: A VICTORIOUS PRESIDENT BARACK OBAMA told Americans he had never been more optimistic. The best is yet to come, he said, ticking off his legislative goals of reforming the tax system, working to ease climate change and overhauling the nation s immigration laws. Not so fast, Mr. President, came the response from Republicans, who still hold their grip on the House of Representatives, according to The Chronicle Herald. The glow of victory will quickly fade despite the president s surprisingly easy win of a second term, even though he had led the country through a period in which the economy suffered its biggest downturn since the 1930s Great Depression and stubbornly high unemployment dipped only slightly below eight per cent in the final months of the campaign and the first test of whether the country s deep partisan divide can be narrowed comes immediately, as Democrats under Obama s leadership try to work out a compromise with Republicans to avoid what has been called the fiscal cliff, a series of automatic tax increases and spending cuts totalling $800 billion next year alone that could push the slowly recovering U.S. economy back into recession. (www.immigrantscanada.com). As reported in the news.