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President Barack Obama will release a plan on Monday calling for more than $3 trillion in deficit cuts over 10 years, with about half of the savings coming from higher taxes on the wealthy and big corporations.
Markets declined on Friday in the wake of President Obama’s jobs speech that added to the uncertainty already weighing on global markets over the euro zone.
President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans to lay out a $300 billion job-creation package on Thursday, CNN reported, citing Democratic sources.
President Barack Obama on Friday sacked a controversial proposed regulation tightening health-based standards for smog, bowing to the demands of congressional Republicans and some business leaders.
President Barack Obama requested time Wednesday to deliver an economic address to a joint session of Congress on the evening of September 7 -- a prime-time platform to unveil his long-awaited jobs proposal.
President Obama on Wednesday declared a major disaster area in New York state because of Hurricane Irene, while residents of neighboring New Jersey faced fresh flooding as rivers were pushed to their limits by runoff from northern regions.
If it’s August, it must be time for that annual Washington political tradition: griping over the president’s vacation. Through wars and natural disasters, recessions and reelections, the getaway locales for America’s chief executive have been dissected by critics looking for symbolic reasons why the president shouldn’t go.