By Jueseppi B.
April 12, 2013
01:34 PM EDT
Today, the President released his 2012 federal income tax returns. He and the First Lady filed their income tax returns jointly and reported adjusted gross income of $608,611. The Obamas paid $112,214 in total tax.
The President and First Lady also reported donating $150,034 – or about 24.6 percent of their adjusted gross income – to 33 different charities. The largest reported gift to charity was $103,871 to the Fisher House Foundation.
The President’s effective federal income tax rate is 18.4 percent. The President believes we must reform our tax system which is why he has proposed policies like the Buffett Rule that would ask the wealthiest Americans to pay their fair share while protecting families making under $250,000 from seeing their taxes go up. Under the President’s own tax proposals, including limitations on the value of tax preferences for high-income households, he would pay more in taxes while ensuring we cut taxes for the middle class and those trying to get in it.
The President and First Lady also released their Illinois income tax return and reported paying $29,450 in state income tax.
The Vice President and Dr. Jill Biden also released their 2012 federal income tax returns, as well as state income tax returns for both Delaware and Virginia. The Bidens filed joint federal and combined Delaware income tax returns. Dr. Biden filed a separate non-resident tax return for the state of Virginia. Together, they reported adjusted gross income of $385,072. The Bidens paid $87,851 in total federal tax for 2012. They paid $13,531 in Delaware income tax and $3,593 in Virginia income tax. The Bidens contributed $7,190 to charity in 2012.
Jay Carney is the White House Press Secretary
April 12, 2013
12:52 PM EDT
At the very outset of his Administration, the President made a strategic decision to increase the United States’ focus on the Asia-Pacific region by rebalancing U.S. engagements, activities, and resources toward this vital region. The President made this plain in his speech before the Australian parliament in 2011: “the United States will play a larger and long-term role in shaping this region and its future, by upholding core principles and in close partnership with our allies and friends.” Our approach is grounded in the proposition that the United States is a historic Pacific power whose economy, strength, and interests are inextricably linked with Asia’s economic, security, and political order…and we are here to stay”
In March of this year, National Security Advisor Tom Donilon highlighted in a speech at the Asia Society that the Administration: “has worked to make our rebalance to the Asia-Pacific a reality because the region’s success in the century ahead –and the United States’ security and prosperity in the 21st century—still depend on the presence and engagement of the United States in Asia.” The President’s Fiscal Year 2014 Budget reflects this strategic priority by sustaining key investments made throughout the President’s first term and by investing in new initiatives to expand and deepen a Government-wide commitment across the region. The Budget aligns resources and activities with the President’s Asia-Pacific rebalance objectives: shaping regional institutions and architecture, advancing economic integration across the region, strengthening and modernizing U.S. alliances, forging deeper partnerships with emerging powers, pursuing a stable and constructive relationship with China, and promoting universal and democratic values.
Dr. Jill Biden
12:46 PM EDT
Over the next few years, more than a million service men and women will end their military careers and transition back to civilian life. Many of these veterans will decide to go back to school to finish their degrees, enroll in a community college for the first time, or work to obtain a master’s degree.
That’s why, on our campus communities, we need to make sure that our veterans have access to the programs that will help them succeed and obtain good jobs to support their families.
This April, as we mark the second anniversary of Joining Forces, I am pleased to be visiting several higher education institutions to learn more about what they are doing to support student veterans.
On Wednesday, I visited George Washington University to meet with student veterans and hear about several of their initiatives. While I was there, I heard from members of GW Vets, their student group representing more than 1,500 student veterans, military dependent students and allies across campus.
One of those students was Nichole Krom, a freshman who became involved in GW Vets as soon as she heard about it and is now the organization’s secretary. Nichole is not a veteran herself, but her father recently retired from the New York Air National Guard. She is a wonderful example of an important truth about our service men and women who sacrifice so much for our country – their families serve right alongside them.
Throughout the panel discussion, I heard how the campus is actively engaged in finding ways to make the student veteran transition into the civilian sector seamless.
Elena Kim, a U.S Army veteran and senior at GWU, described a program called The Rendering Project, which is a partnership between GWU and local schools. Through the program, high school students are creating works of art based on testimonials written by GW student-veterans, military personnel and families. The idea behind the program is simple – all of our service men and women have a unique story to tell – and the connection with the civilian population strengthens understanding of the sacrifices and experiences of our service members.
I also heard about The Ribbon Project, a new initiative being launched that will help train faculty and staff – by student veterans – on how to better integrate the veteran experience into the classroom and campus life.
As a teacher for more than 30 years, I always say that what I see in my classroom is inspiring. Many of my students are veterans who are hoping additional education will help move them ahead in their careers.
So as we continue to look toward the best practices that will support our student veterans over the coming years, I was pleased to learn more about the creative ideas and programs being implemented at GWU.
Nichole put it best when she described her experience with GW Vets: “We are more than just a student organization – we are family.”
April 12, 2013
10:57 AM EDT
The White House Photo Office just released their latest behind-the-scenes photo gallery, which includes images from President Obama’s historic Middle East trip, candid shots with senior advisors, and events around the White House.
Check out some of the best images below, and see the full set of 36 photos on our Flickr gallery.
Statements and Releases
Statement by NSC Spokesperson Caitlin Hayden on National Security Advisor Donilon’s Travel to Russia
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