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Politics Barack Obama

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  • WASHINGTON, July 29- U.S. lawmakers on Wednesday approved a $12 billion bill to keep road and highway construction limping into the autumn, while giving themselves breathing space to hammer out a more serious solution for America's crumbling infrastructure. The Republican-controlled House of Representatives voted 385-34 on legislation to extend highway...

  • July 29- Democratic presidential candidate Hillary Clinton this week will call on U.S. lawmakers to lift the long-standing economic embargo against Cuba, her campaign announced on Wednesday. President Barack Obama's administration has formally restored diplomatic ties with the island nation and dropped Cuba from a list of state sponsors of terror.

  • OTTAWA, July 29- Canadian Prime Minister Stephen Harper said on Wednesday he was not hopeful that the United States would approve the northern leg of TransCanada Corp's controversial Keystone XL pipeline. Harper also told Bloomberg Television that if President Barack Obama did veto the project, which is currently under review, he was confident a future U.S....

  • OTTAWA, July 29- Canadian Prime Minister Stephen Harper said on Wednesday he was not hopeful that the United States would approve the northern leg of TransCanada Corp's controversial Keystone XL pipeline. Harper also told Bloomberg Television that if President Barack Obama did veto the project, he was confident a future U.S. administration would grant...

  • Health care spending to accelerate, US report says Wednesday, 29 Jul 2015 | 3:07 AM ET

    WASHINGTON— It's lasted six years. The higher rate of increase is still "relatively modest," says the report from the Office of the Actuary in the Health and Human Services Department. Even so, the report is "not great news," said economist Douglas Holtz-Eakin, president of the American Action Forum, a center-right think tank.

  • House votes to provide money for highways, transit Wednesday, 29 Jul 2015 | 3:05 AM ET

    In one of their last decisions before adjourning for a month, the House backed a bill that would extend spending authority for transportation programs through Oct. 29, and replenish the federal Highway Trust Fund with $8 billion. The Senate plans to take up the House bill before a midnight Friday deadline, when authority for the Transportation Department to...

  • With the House of Representatives and Senate rushing toward a five-week summer recess, Republican leaders in both chambers embraced the newest version of a bill to temporarily fund road and mass transit construction projects. Late on Monday, the Senate demonstrated strong support for renewing the Ex-Im Bank, whose charter expired on June 30, by attaching a...

  • Scott Walker got his sandwich orders right as he made a swing through Philadelphia on Tuesday. Stopping for a cheesesteak is a must for any Philadelphia visitor, politicians included. Presidents Barack Obama in 2010 and George W. Bush in 2004 followed tradition and ordered theirs with Whiz.

  • Minnesota nets extra $650M in health care savings Tuesday, 28 Jul 2015 | 3:07 PM ET

    ST. PAUL, Minn.— Minnesota booked nearly $650 million in savings by tweaking how it handles subsidized health care programs, state officials announced Tuesday. Health care costs were a major issue in the Legislature this year as GOP lawmakers sought drum up hundreds of millions in dollars in savings by weeding out fraud from the state's public programs and...

  • The House of Representatives on Monday unanimously approved the Small Business Administration loan program in a bill the Senate had already passed. But the Senate took lightning-fast action to raise the SBA lending limit in less than a day, marking a stark contrast with Congress' protracted battle over another federal loan guarantee agency, the U.S....

  • NASHUA, N.H.— Hillary Rodham Clinton dodged questions Tuesday about her positions on trade and the Keystone XL pipeline, telling a New Hampshire voter that if the future of the project opposed by environmentalists remains "undecided when I become president, I will answer your question." Bernie Sanders told The Associated Press. Environmental groups vigorously...

  • The new plan leaves the Senate few options but to pass the short-term extension or face a disruption in federally funded road and mass transit projects starting on Aug. 1. The Senate late on Monday voted to attach a revival of the government trade bank, idled since July 1, to a six-year transportation spending plan that identifies funding for about three years'...

  • The House has passed and sent to President Barack Obama a bill raising the lending authority for the Small Business Administration's biggest loan program, known as the 7 program. The bill, passed earlier by the Senate, raises the lending limit to $23.5 billion. Last year, the SBA didn't approach the limit until September, but Congress raised the ceiling before it...

  • MADISON, Wis.— Republican presidential candidate Scott Walker said Monday he would shift most of the responsibilities of the U.S. Environmental Protection Agency to state-based regulators, leaving the EPA to serve as an "umbrella organization" that would resolve disputes between them. Like many Republicans, the Wisconsin governor is a vocal critic of the...

  • House, Senate on collision course in highway debate Tuesday, 28 Jul 2015 | 12:09 AM ET

    But House Republicans declared the Senate transportation bill dead on arrival. "We're not taking up the Senate bill," the California Republican told reporters at the Capitol, adding that the Senate should instead take up the bill already passed by the House. Hours later, in a hectic late-night session, the Senate voted 64-29 to include the provision reviving the...

  • DES MOINES, Iowa, July 27- U.S. presidential candidate Hillary Clinton on Monday described climate change as "one of most urgent threats of our time" and vowed to meet the challenge with a plan to generate enough clean energy to power every U.S. home by 2027.. Clinton promised to have more than half a billion solar panels installed nationwide within four years if she...

  • American businesses need the Export-Import Bank Monday, 27 Jul 2015 | 10:45 AM ET
    Fred Hochberg and Penny Pritzker

    The Commerce Secretary and head of the Export-Important Bank urge Congress to put U.S. businesses first and reauthorize the bank.

  • CNBC update: Obama in Ethiopia Monday, 27 Jul 2015 | 10:28 AM ET
    CNBC update: Obama in Ethiopia

    President Obama is meeting with Ethiopia's Prime Minister Hailemariam Desalegn, and Bobbi Kristina Brown has died at age 22, reports CNBC's Sue Herera.

  • TransCanada Corp. and other interested parties offered opening statements and witness testimony began before the Public Utilities Commission in the hearing process that is scheduled to stretch until Aug. 4. The state initially authorized TransCanada's project in 2010, but permits must be revisited if construction doesn't start within four years.

  • BRUSSELS, July 27- In early 2013, President Barack Obama's call for a U.S.-EU trade deal generated such optimism in Europe that the graffiti "NO TAFTA, NO TTIP" scrawled under a bridge near the EU headquarters in Brussels was an isolated message of dissent. More than two years on, with the graffiti still there, European officials are ruing their failure to spot early...