barack obama


Obama says ending tax breaks required to cut deficit

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Jul 2, 2011


WASHINGTON – President Barack Obama pressed his case on Saturday for achieving deficit reduction, in part by ending tax breaks and singling out hedge fund managers, oil companies and billionaires to take the hit.
Obama is locked in a dispute with …Read More


Obama: ‘Nothing can be off-limits’ in budget

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Politics|
Jul 2, 2011

WASHINGTON – President Barack Obama said Saturday that “nothing can be off-limits” in the budget debate — even though Republicans have said tax increases are. The president said every tax break and federal program must come under scrutiny.
With an Aug. …Read More


Obama: ending tax breaks required to cut US deficit

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Top Stories|
Jul 2, 2011

Sat Jul 2, 2011 6:00am EDT
* Republican says higher taxes not the answer
WASHINGTON, July 2 (Reuters) – U.S. President Barack Obama pressed his case on Saturday for achieving deficit reduction, in part by ending tax breaks and singling out hedge …Read More


Minnesota budget row shuts public services

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Most Viewed, Top Stories|
Jul 2, 2011


The US state of Minnesota has shut down all non-essential public services because of a row over the state budget.
The Democratic governor, Mark Dayton, wants spending cuts and tax increases, but the Republican-led legislature rejects higher taxes.
On one of the …Read More


Politics Dog Possible Top Treasury Vacancy

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Top Stories, U.S.|
Jul 1, 2011

Treasury Secretary Timothy Geithner’s potential departure in a few months would challenge President Barack Obama to find a successor who can rally his liberal base, win some Senate Republican support, and navigate a minefield of issues such as the weak …Read More


Obama Rose ‘Very Quickly’ to Be Commander in Chief, Gates Says

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U.S.|
Jul 1, 2011

President Barack Obama, who inherited two wars when he took office at the age of 47, rose to his role as commander in chief “very quickly,” outgoing Defense Secretary Robert Gates said.
Gates, who served in government under seven other presidents …Read More


MSNBC analyst suspended for off-color remark on Obama

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Politics|
Jul 1, 2011

From the mouths of pundits oft times come insults.The White House says an off-color remark about President Barack Obama by MSNBC analyst Mark Halperin was inappropriate.During an appearance Thursday on Morning Joe, Halperin said that he thought Obama “was a …Read More


Snap analysis: Politics could weigh in Geithner job decision

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Business|
Jul 1, 2011

WASHINGTON | Fri Jul 1, 2011 5:59am EDT
The 49-year-old Geithner doesn’t want to leave before agreement is reached on a deal to ratchet down budget deficits and lift the government’s borrowing ceiling. If he stays past fall he is nearly …Read More


Obama picks fight on taxes, big or just symbolic

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Most Viewed, Politics, U.S.|
Jul 1, 2011


WASHINGTON-President Barack Obama is renewing an old fight with the business community by insisting that $400 billion in tax increases be part of a deficit-reduction package. His proposals have languished on Capitol Hill, repeatedly blocked by Republicans, often with help …Read More


Obama urges supporters to regain 2008 energy

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Politics, Top Stories|
Jul 1, 2011


PHILADEPHIA (AP) — Even as President Barack Obama’s re-election effort is powering toward an impressive early fundraising haul, campaign officials are trying to reassure donors who have concerns about a range of policy decisions and pace of change during Obama’s …Read More