Under my plan of a cap and trade system, electricity rates would necessarily skyrocket… Because I’m capping greenhouse gasses, coal power plants, natural gas…you name it…whatever the plants were, whatever the industry was, they would have to retro-fit their operations. That will cost money…they will pass that money on to the consumers.
Barack ObamaDonald Trump will be the next president, the 45th President of the United States. And it will be up to him to set up a team that he thinks will serve him well and reflect his policies. And those who didn't vote for him have to recognize that that's how democracy works. That's how this system operates.
Barack ObamaThe true test of the American ideal is whether we're able to recognize our failings and then rise together to meet the challenges of our time. Whether we allow ourselves to be shaped by events and history, or whether we act to shape them. Whether chance of birth or circumstance decides life's big winners and losers, or whether we build a community where, at the very least, everyone has a chance to work hard, get ahead, and reach their dreams.
Barack ObamaMembers of Congress on both sides of the aisle, are motivated by all kinds of issues. They're sincerely interested in the economy, in terrorism, in social issues. But the one overriding thing they're interested in is getting reelected. And if they think that it's harder for them to get reelected by cooperating with each other, then they won't cooperate.
Barack Obama