Politics Barack Obama

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  • *Gold prices steadied near seven-month highs, while yields on Japan's 10- year government bond slipped into negative territory for the first time ever on Tuesday. * "There is a high probability of a further correction in equity prices, led by banking and energy stocks," said Lorne Baring, managing director of B Capital Wealth Management, adding that looming...

  • WASHINGTON, Feb 9- President Barack Obama's budget proposal for the 2017 fiscal year seeks $19 billion for cyber security across the U.S. government, a surge of $5 billion over this year, according to senior administration officials. The request for a cash infusion is the latest signal from the White House that it intends to make cyber security a top priority in...

  • WASHINGTON— President Barack Obama is unveiling his eighth and final budget, a $4 trillion- plus proposal that's freighted with liberal policy initiatives and new and familiar tax hikes— all sent to a dismissive Republican-controlled Congress that simply wants to move on from his presidency. The White House is countering the worsening deficit outlook with a...

  • President Barack Obama unveils his final White House budget on Tuesday with a blueprint for fiscal year 2017 that will lay out his spending proposals for priorities from fighting Islamic State to providing for the poor. The budget for the fiscal year beginning on Oct. 1 is largely a political document and is unlikely to be passed by the Republican-controlled...

  • All but Florida had accepted a Medicaid expansion that is one of two major pathways to coverage under President Barack Obama's health care law. GOP presidential candidates are vowing to repeal "Obamacare," while offering hardly any detail on how they'd replace it without millions losing coverage. They are Arizona, California, Colorado, Florida, Illinois,...

  • NEW YORK, Feb 8- Facing a hostile Congress in an election year, President Barack Obama will be hard-pressed to push through many of the proposals in his final budget as U.S. leader. Obama's plan to fund an overhaul of the nation's infrastructure through a $10- a-barrel tax on crude oil could also boost engineering and construction firms such as Granite...

  • WASHINGTON— The Obama administration is taking new steps to protect students amid increased scrutiny of for-profit colleges and other schools. The Education Department said Monday that it was creating a new student aid enforcement unit that will "respond more quickly and efficiently to allegations of illegal actions by higher education institutions."

  • President Barack Obama speaking on the economy in the press briefing room at the White House in Washington February 5, 2016.

    Obama's oil tax plan doesn't add up. Even the president seems confused about what he wants, says energy adviser Steven Kopits.

  • WASHINGTON— President Barack Obama says one improvement he'd like to make at the White House for his successor is to upgrade the WiFi system. Speaking during an interview with CBS News on Super Bowl Sunday, both Obama and his wife, Michelle, said getting better quality connectivity for the Internet is a serious issue at the Executive Mansion.

  • WASHINGTON— The main thing to know about President Barack Obama's final, $4 trillion budget is that it comes on the same day as the New Hampshire primary, ensuring it gets minimal attention with all the focus on the White House contenders. Typically, the budget is released on a Monday, but White House press secretary Josh Earnest says Tuesday's release allowed...

  • Rubio falters in presidential debate Sunday, 7 Feb 2016 | 6:06 AM ET
    U.S. Senator and Republican presidential candidate Marco Rubio waves as he arrives at a campaign rally in Exeter, New Hampshire, February 2, 2016.

    Republican contender Marco Rubio struggled at a presidential debate on Saturday, potentially confounding his bid to emerge as Donald Trump's chief rival in New Hampshire.

  • MANCHESTER, N.H., Feb 7- Republican contender Marco Rubio struggled at a presidential debate on Saturday at the worst possible time, potentially confounding his bid to emerge as Donald Trump's chief rival in New Hampshire and giving hope to three rivals desperate for a strong showing. While Rubio recovered later in the debate, the timing of his performance was...

  • WASHINGTON, Feb 6- Seven years after the United States banned waterboarding as an interrogation tactic, two Republican presidential candidates said on Saturday they would revive its use and one of them, billionaire businessman Donald Trump, would go even further. Waterboarding- the practice of pouring water over someone's face to mimic drowning as an...

  • WASHINGTON, Feb 6- The United States vowed on Saturday to take all necessary actions to defend itself and its allies following a North Korean rocket launch, and said it would seek "significant measures" in the U.N. Security Council to hold North Korea to account. North Korea said the rocket carried a satellite, but its efforts have raised strong suspicion in...

  • Feb 6- Republican White House contenders on Saturday called for a tough strategy toward North Korea, including expanded missile defense, after the reclusive communist nation appeared to have launched a long-range rocket into space. "They do not understand anything but toughness and strength," New Jersey Governor Chris Christie said of North Korea during the...

  • In a contentious debate three days ahead of Tuesday's New Hampshire primary, billionaire real estate mogul Donald Trump also battled with rival Jeb Bush over the use of eminent domain to seize private property and called for a compassionate approach to those who might lose their health insurance if Republicans repealed Obamacare. Polls show Trump leading...

  • MANCHESTER, N.H., Feb 6- Republican presidential contenders led by New Jersey Governor Chris Christie went on the attack against fast-rising rival Marco Rubio in Saturday's presidential debate, accusing the first-term U.S. senator from Florida of being too inexperienced for the White House and walking away from comprehensive immigration reform.

  • MANCHESTER, N.H., Feb 6- Republican presidential contenders led by New Jersey Governor Chris Christie went on the attack against fast-rising rival Marco Rubio in Saturday's presidential debate, accusing the first-term U.S. senator from Florida of being too inexperienced for the White House and walking away from comprehensive immigration reform.

  • WASHINGTON— President Barack Obama said Saturday that he will ask the Republican-led Congress to double spending on research and development into clean energy by 2020. GOP lawmakers scoff at the science behind climate change and dismiss Obama's pleas for the issue to be dealt with urgently. Obama on Tuesday plans to send to Congress the spending blueprint...

  • Hopeful sign for US economy: Job hunting ticks up Friday, 5 Feb 2016 | 4:09 PM ET

    WASHINGTON— For most of an agonizingly slow recovery from the Great Recession, millions of out-of-work Americans huddled on the sidelines of the job market. Yet Friday's jobs report added to evidence of a long-awaited shift:. This has created a "tug of war," says Joshua Shapiro, chief U.S. economist at forecasting firm MFR, Inc., between rising retirements and the...