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Barack Obama

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  • If you picked "d," you're in the proper spirit for federal Budget Day, which appropriately falls on Groundhog Day this year. That's especially true this year, with Obama delivering his multi-trillion-dollar wish list to a Senate and House run by the opposition. The Constitution gives Congress power to decide how to spend taxpayers' money.

  • Court upholds deceptive ad claims against POM Friday, 30 Jan 2015 | 11:13 AM ET

    In a 3-0 decision, the U.S. Court of Appeals for the District of Columbia Circuit upheld a conclusion reached earlier by the Federal Trade Commission that many of POM's ads made misleading or false claims. "We see no basis for setting aside the commission's conclusion that many of POM's ads made misleading or false claims about POM products," wrote appeals judge...

  • Senate approves Keystone bill, testing Obama Friday, 30 Jan 2015 | 9:19 AM ET
    Senate Majority Leader Mitch McConnell, center, speaks during a news conference with Senator John Hoeven, left, and Senator Lisa Murkowski, after a cloture vote on the Keystone XL pipeline bill at the U.S. Capitol in Washington, Thursday, Jan. 29, 2015.

    Despite a veto threat by President Obama, the Senate has approved the Keystone XL Pipeline bill. The New York Times reports.

  • White House targets precision medicine  Friday, 30 Jan 2015 | 7:03 AM ET

    CNBC's Meg Tirrell has details on the meeting today between President Obama and drugmakers to discuss how to improve health and treat disease.

  • WASHINGTON— Holding out the promise of major medical breakthroughs, President Barack Obama on Friday called on Congress to approve spending in medical research that tailors treatment to an individual's genes. Some medical centers, such as the Mayo Clinic, have opened "individualized medicine clinics." Francis Collins, director of the National Institutes of...

  • WASHINGTON, Jan 30- The United States has proposed analyzing genetic information from more than 1 million American volunteers as part of a new initiative to understand human disease and develop medicines targeted to an individual's genetic make-up. Of that, $130 million would go to the NIH to fund the research cohort and $70 million to NIH's National Cancer...

  • Obama seeks $215 million for 'precision medicine' Friday, 30 Jan 2015 | 6:00 AM ET
    President Barack Obama delivers the State of the Union address on January 20, 2015 in the House Chamber of the U.S. Capitol in Washington.

    President Obama will dedicate $215 million in his budget request to a program that will target the underlying cause of disease.

  • PHILADELPHIA— President Barack Obama is trying to cheer up House Democrats, urging them to keep battling for middle-class families even as they trumpet brighter news about jobs, energy production and other economic milestones. They need better messaging, not changes in policy, to win elections again, the Democrats said Thursday as they huddled in...

  • *Asia buyers raise Iran imports to 1.12 mln bpd in 2014. Imports by Iran's four biggest buyers- China, India, Japan and South Korea- averaged 1.12 million barrels per day in 2014, government and tanker-tracking data showed, the highest since the region took more than 1.5 million bpd in 2011. Soaring imports last year by China and India after the partial easing of...

  • WASHINGTON, Jan 29- President Barack Obama will call for a 7 percent rise in U.S. domestic and military spending in his budget that would end caps known as' sequestration,' the White House said on Thursday, setting up a new source of conflict with Republicans in Congress. The White House rejects that criticism and hopes Obama can find common ground with lawmakers...

  • Administration to seek $1 billion for tribal schools Thursday, 29 Jan 2015 | 5:16 PM ET

    WASHINGTON— The Obama administration says it will ask Congress for $1 billion next year to run schools for Native American children— including millions in new money to help fix crumbling buildings. The request— $150 million more than in this year's budget— sets aside $58 million in new funding for school construction and $18 million in new funding for repairs.

  • PHILADELPHIA, Jan 29- Senior Democrats in the House of Representatives said on Thursday they would insist President Barack Obama provide hard evidence that proposed free trade deals will boost median U.S. incomes, laying out tough terms to support his trade agenda. Virginia's Gerry Connolly, a leader of the pro-trade New Democrats, sees no more than 50...

  • WASHINGTON, Jan 29- Republicans in the U.S. Senate made good on a pledge to pass the long-pending Keystone XL oil pipeline on Thursday, a measure the White House said President Barack Obama would veto. Approving Keystone has been the top priority of Republicans in the new Congress after they won control of the Senate in November. While the project would create...

  • Reagan’s OMB head: Wealth inequality is a problem Thursday, 29 Jan 2015 | 4:24 PM ET
    David Stockman and President Barack Obama.

    David Stockman, head of the Office of Management and Budget under Reagan, says Obama has a point when it comes to inequality.

  • Keystone bill passes in Senate, faces Obama veto Thursday, 29 Jan 2015 | 4:19 PM ET
    Senate Majority Leader Mitch McConnell of Ky., center, speaks about Keystone XL with Sen. John Hoeven, R-N.D., left, sponsor of the Keystone XL pipeline bill, and Sen. Lisa Murkowski, R-Alaska, right, on Capitol Hill in Washington, Jan. 29, 2015.

    The US Senate has passed the final Keystone bill which now faces veto by President Obama.

  • PHILADELPHIA, Jan 29- Senior Democrats in the House of Representatives said on Thursday they would insist President Barack Obama provide hard evidence that proposed free trade deals will boost median U.S. incomes, laying out tough terms to support his trade agenda. Representative Chris Van Hollen, the top Democrat on the House Budget Committee, said each trade...

  • PHILADELPHIA— Better messaging, not changes in policy, is the key to winning elections again, House Democrats said Thursday as they huddled in Philadelphia to talk strategy. This time, they're counting on Obama's rising popularity— and fading headlines on Ebola and terrorist beheadings— to help persuade voters they'd be better off with a Congress run by...

  • WASHINGTON, Jan 29- The U.S. Senate will likely pass a bill approving the long-pending Keystone XL oil pipeline on Thursday, a measure the White House said President Barack Obama would veto. Republicans have made approving Keystone their top priority of the new Congress after winning control of the Senate in November. The Senate will vote after 2:30 p.m. EST on...

  • WASHINGTON, Jan 29- The U.S. Senate will likely pass a bill approving the long-pending Keystone XL oil pipeline on Thursday, a measure the White House has said President Barack Obama would veto. Republicans have made approving Keystone their top priority of the new Congress after winning control of the Senate in November's elections, but they are four votes shy...

  • Senate panel approves Iran sanctions bill Thursday, 29 Jan 2015 | 11:18 AM ET

    WASHINGTON— A bill that would levy tough new sanctions on Iran if it fails to sign an agreement to curb its nuclear program cleared a Senate committee on Thursday. Republican and Democratic members of the Senate Banking, Housing and Urban Affairs Committee voted 18-4 to pass the bill aimed at ramping up economic pressure on Iran starting in July if it doesn't ink...