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Barack Obama

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  • *Measure spares doctors 21 percent pay cut if passes Senate vote. WASHINGTON/ NEW YORK, March 26- The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven...

  • WASHINGTON/ BIRMINGHAM, March 26- A U.S. consumer financial watchdog on Thursday outlined plans to crack down on payday lending practices that leave borrowers with debt they cannot repay, and President Barack Obama touted the move as a contrast with Republican polices. Obama told an audience at a community college in Birmingham, Alabama, that the U.S. Consumer...

  • *Measure spares doctors 21 percent pay cut if passes Senate vote. WASHINGTON/ NEW YORK, March 26- The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven...

  • NEW YORK— Microsoft said Thursday that it will push its U.S. suppliers to give their employees paid time off— but that only applies for the staffers that do work for Microsoft. Microsoft said it has about 2,000 U.S. suppliers, who provide services such as maintenance and security. Microsoft Corp. said suppliers with 50 or more employees will be asked to provide at...

  • ATLANTA— In the political uproar over Common Core, various myths are peddled as fact. Rand Paul slams "rotten to the core" propaganda forced on children by an initiative that has no curriculum at all. Even so, the 2016 GOP presidential prospects who are criticizing Common Core have a point— if an overstated one— when they dispute the notion that it is strictly a...

  • BIRMINGHAM, Ala.— Embracing proposed new rules aimed at payday lenders, President Barack Obama on Thursday said working families need protections from heavy debt burdens and warned Republicans that he would veto attempts to unravel regulations that govern the financial industry. Obama praised the Consumer Financial Protection Bureau for its proposal to...

  • Political consultant sues David Axelrod over book claim Thursday, 26 Mar 2015 | 12:20 PM ET

    PHILADELPHIA— A political operative has sued presidential campaign adviser David Axelrod over Axelrod's claim that he came up with the attack strategy that saved an embattled Philadelphia mayor in 2003.. Philadelphia campaign consultant Frank Keel said it was his idea to blame Republicans for the FBI listening device found in Democratic Mayor John...

  • COLUMN-Stop-gap Medicare 'doc-fix' will cost seniors Thursday, 26 Mar 2015 | 11:11 AM ET

    CHICAGO, March 26- Congress is headed toward a bipartisan solution to fix a Medicare formula that threatens to slash payments to doctors every year. The so-called "doc fix" would replace the cuts with a multipronged approach that will be expensive and will have Medicare beneficiaries pay part of the bill. There are better places to go for the money, such as allowing...

  • WASHINGTON, March 26- The U.S. consumer financial watchdog on Thursday outlined its plans for cracking down on the payday lending industry and ensuring that borrowers can repay their loans. The framework unveiled by the U.S. Consumer Financial Protection Bureau was a key step toward new rules for various types of loans that regulators say trap borrowers in...

  • Watchdog says senior Homeland official broke no laws Thursday, 26 Mar 2015 | 3:14 AM ET

    WASHINGTON— A senior Obama administration official violated agency ethics policies but did not break any laws when he intervened in three visa cases involving foreign investors with ties to prominent Democrats, a government watchdog told Congress Thursday. The Homeland Security Department's now deputy secretary used his post as head of the department's...

  • WASHINGTON— In uncommon bipartisan harmony, the House approved a $214 billion bill on Thursday permanently blocking physician Medicare cuts, moving Congress closer to resolving a problem that has plagued it for years. The lopsided 392-37 vote shifted pressure onto the Senate, where its prospects have brightened as Democrats have muffled their criticism...

  • Senate pushes conservative budget toward approval Thursday, 26 Mar 2015 | 3:08 AM ET

    WASHINGTON— Republicans slowly pushed a balanced-budget blueprint toward Senate approval Thursday, laying down conservative markers for a likely veto struggle with President Barack Obama over their plans to erase deficits through trillions in spending cuts and repeal of the health care law. Separately, legislation to stabilize the system for paying...

  • WASHINGTON— Each month, more than 200,000 needy U.S. households take out what's advertised as a brief loan. The Consumer Financial Protection Bureau proposed rules Thursday to protect Americans from stumbling into what it calls a "debt trap." "The idea is pretty common sense: If you lend out money, you should first make sure that the borrower can afford to pay it back,"...

  • Obama highlights benefits of trade on small businesses Wednesday, 25 Mar 2015 | 5:59 PM ET

    WASHINGTON— President Barack Obama met with mayors and owners of small businesses at the White House on Wednesday to highlight the benefits of trade on a broad swath of the economy. Participants included Mayors Michael Nutter of Philadelphia and Bob Buckhorn of Tampa, Florida, as well as nine small-business owners from across the country.

  • GOP-controlled House passes budget to erase deficits Wednesday, 25 Mar 2015 | 3:04 PM ET

    WASHINGTON— Normally quarrelsome House Republicans came together Wednesday night and passed a boldly conservative budget that relies on nearly $5 trillion in cuts to eliminate deficits over the next decade, calls for repealing the health care law and envisions transformations of the tax code and Medicare. Tom Price, R- Ga., chairman of the House Budget...

  • Obama ready to sign bill revamping Medicare doctor fees Wednesday, 25 Mar 2015 | 1:58 PM ET

    WASHINGTON— President Barack Obama said Wednesday he's ready to sign "good, bipartisan" legislation protecting physicians from steep cuts in Medicare reimbursements and bolstering health programs for children and the poor as Senate Democrats seemed to soften their opposition to the package. The bill is a scarce Capitol Hill commodity: a bipartisan...

  • WASHINGTON, March 25- The U.S. Supreme Court's conservative majority on Wednesday signaled hostility toward the Obama administration's refusal to consider costs before regulating emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. The provision does not explicitly state whether the EPA was required to include...

  • Commissioners seek Scotchman Peaks wilderness designation Wednesday, 25 Mar 2015 | 11:04 AM ET

    SANDPOINT, Idaho— Bonner County commissioners have unanimously adopted a resolution calling on Congress to designate northern Idaho's Scotchman Peaks mountains a wilderness area. "The message we're trying to send is Scotchman Peaks is the exception to the rule," Commission Chairman Cary Kelly told the Bonner County Daily Bee. The 7,009- foot Scotchman Peak...

  • Cruz eyes insurance via Obamacare, a law he vows to scrap Wednesday, 25 Mar 2015 | 8:55 AM ET

    WASHINGTON— GOP presidential candidate Ted Cruz could soon be buying his family's health care coverage through the Affordable Care Act he has vowed to dismantle. Cruz, whose Senate filibuster against the law he derides as "Obamacare" led to a partial government shutdown in 2013, is looking for health insurance because his wife, Heidi Cruz, took an unpaid leave...

  • Obama says he's ready to sign Medicare doctor payment fix Wednesday, 25 Mar 2015 | 6:00 AM ET

    Without a fix, doctors face a 21 percent cut in Medicare fees, the consequence of a 1990 s budget law that Congress has repeatedly waived. Obama backed the idea of a fix at a White House event marking this week's five-year anniversary of his signing the Affordable Care Act, while stopping short of backing the House compromise. "As we speak, Congress is working to fix...