George W. Bush
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Romney has said his focus on small business is what distinguishes himself from the last Republican president, George W. Bush. But their approaches to entrepreneurs seem pretty similar, according to the New York Times.
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WASHINGTON, Nov 11- A senior Republican senator voiced confidence on Sunday that U.S. lawmakers would forge a deal on the year-end ``fiscal cliff,'' while a top aide to President Barack Obama signaled a willingness to compromise over raising tax rates on the rich.
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WASHINGTON, Nov 11- A senior Republican senator voiced confidence on Sunday that U.S. lawmakers would forge a deal on the year-end ``fiscal cliff,'' while a top aide to President Barack Obama signaled a willingness to compromise over raising tax rates on the rich. Obama has invited congressional leaders to the White House on Friday to discuss the issue.
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WASHINGTON, Nov 11- The ``fiscal cliff,'' a metaphor drawn from nature, was actually created by members of the U.S. Congress, who designed it to be so horrible that they and the president would come to their senses and avert it in the nick of time. That time is now with the start this week of a lame-duck session of Congress.
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WASHINGTON, Nov 9- President Barack Obama said on Friday he was prepared to compromise with Republicans to avert a looming U.S. fiscal calamity, but insisted a tax increase for the rich must be part of any bargain.
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WASHINGTON, Nov 9- President Barack Obama said on Friday he was prepared to compromise with Republicans to avert a looming U.S. fiscal calamity, but insisted a tax increase for the rich must be part of any bargain.
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WASHINGTON, Nov 9- Newly re-elected President Barack Obama said on Friday he was prepared to compromise with Republicans to avert a looming U.S. fiscal calamity but insisted a tax increase for the rich must be part of any bargain.
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WASHINGTON, Nov 8- Allowing income tax rates to rise for wealthy Americans, and maintaining rates for the less affluent, would not hurt U.S. economic growth much in 2013, the Congressional Budget Office said on Thursday, stepping into a dispute between Republicans and Democrats over how to resolve the so-called ``fiscal cliff.''.
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The report by the authoritative non-partisan arm of Congress is expected to fuel President Barack Obama's demand for higher taxes on the rich, part of his way of avoiding the full impact of the expiring tax cuts and across-the-board spending reductions set to begin in early 2013 unless Congress acts.
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WASHINGTON, Nov 8- A potential tax on big polluters, a taboo subject in the United States in recent years, has come back into the spotlight as some sense potential for a revenue windfall at a time lawmakers look for ways to the so-called ``fiscal cliff'' of tax rises and spending cuts due in early 2013..
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WASHINGTON, Nov 8- Allowing income tax rates to rise for wealthy Americans, and not for the less affluent, would not hurt U.S. economic growth much in 2013, the Congressional Budget Office said on Thursday.
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WASHINGTON, Nov 7- In a sign of trouble ahead in resolving the ``fiscal cliff'', Democratic and Republican leaders on Wednesday claimed new but conflicting election ``mandates'' on how and when to deal with tax increases and spending cuts that threaten a U.S. recession.
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NEW YORK, Nov 7- President Barack Obama's re-election is good news for the world economy and financial markets. Of course a victory by Mitt Romney, unlikely though it was, might have been even better news, which is perhaps why stock markets fell sharply after the election.
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With no more elections to fight, Obama, who has so far resisted calls in the United States and Israel for military action against Iran, appears free to pursue a diplomatic settlement while wielding the threat of yet heavier commercial penalties if Tehran does not bend.
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WASHINGTON, Nov 7- Democrats defied the odds to increase their thin majority in the U.S. Senate by two seats on Wednesday, eking out narrow victories in Republican-leaning Montana and North Dakota.
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Nov 7- Wall Street firms gambled on Mitt Romney and lost. Shares of Goldman Sachs Group, JPMorgan Chase& Co and Citigroup dropped 5 percent, Bank of America lost 6 percent and Morgan Stanley fell 7 percent in midday trading on Wednesday.
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Wall Street share futures, which had pointed to a higher open on relief over the clear election outcome, also reversed course as the fiscal problems of the United States and slowdown in Europe returned to haunt investors.
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Wall Street share futures, which had pointed to a higher open on relief over the clear election outcome, also reversed course as the fiscal problems of the United States and slowdown in Europe returned to haunt investors.
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*Victory won't help break gridlock in Washington. WASHINGTON, Nov 7- In the end, President Barack Obama won re-election on the issue that was supposed to send him packing: the sluggish U.S. economy. The United States is still digging out from the deepest recession in 80 years, and employers are barely adding enough jobs to keep pace with population growth.
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*EPA studies may offer clues on natural gas rules. WASHINGTON, Nov 7- Barack Obama could toughen regulations on producing and burning natural gas, coal and oil early in his second term, raising some costs for energy companies, analysts said. The light touch may have helped the president gain support from voters anxious about jobs in gas-rich Pennsylvania and Ohio.
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President Barack Obama is expected to pursue an active trade agenda during his second term, centered on tough final negotiations of a new free trade pact in the Asia-Pacific region and continued challenges posed by China.