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Obama Applauds His Administration's Fuel Efficiency Standards

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TWC News: Obama Applauds His Administration's Fuel Efficiency Standards
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President Barack Obama said in his weekly address on Saturday that his administration has put in place the toughest fuel efficiency standards in history, to keep U.S. families from feeling pain from the price at the gas pump.

Obama said he has taken steps over the past four years to ensure that cars use less gas.

"By the middle of the next decade, our cars will go twice as far on a gallon of gas. Over the life of the new car, the average family will save more than 8,000 at the pump," Obama said. "But the only way we're going to break the cycle of spiking gas prices for good is to shift our cars and trucks off of oil for good."

Obama is also calling on Congress to create an Energy Security Trust, which would fund research into cleaner technologies.

He said that in turn would create more jobs and stimulate the economy.

The Republican weekly address focused on balancing the budget in 10 years.

House Budget Committee Chairman Paul Ryan said that next week Congress will vote to prevent tax increases and stop the government from spending money it does not have.

"Our plan protects them from tax hikes and calls for Congress to fix the tax code by lowering rates and closing loopholes," the former vice presidential candidate said. "We're also going to approve the Keystone pipeline and unlock our nation's abundant domestic energy resources. And for Americans trying to keep up with the cost of health care, our plan repeals the president's health care law and clears the way for patient-centered reforms."

Ryan's plan includes drastic changes to Medicare for new enrollees.

He said Republicans want to balance the budget not as an accounting exercise, but to improve people's lives. ClientIP:, UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP