As President Barack Obama prepares to announce a plan to slash U.S. government deficits by trillions of dollars, a powerful Republican lawmaker is already criticizing key components reportedly contained in the proposal. Efforts to get more federal re...
Presenting his second major set of economic proposals in 10 days, President Barack Obama has unveiled a plan for more than $3 trillion in spending reductions over the next decade, saying all Americans, and specifically the wealthy, will be asked to s...
President Barack Obama has signed legislation to speed the process of approving U.S. patents. The president says the new law is part of his initiative to create jobs and stimulate economic growth. President Obama visited a high school for science and...
One week after U.S. President Barack Obama urged Congress to act swiftly to spur job creation and economic growth, bipartisan backing for his proposals has yet to materialize. The presidents package of temporary tax cuts and short-term additional fed...
President Obama is urging the U.S. Congress to act quickly on a $447-billion bill he is sending to Capitol Hill aimed at giving the U.S. economy a jolt by creating jobs. Obama used a Rose Garden event to urge opposition Republicans to support the leg...
One day before the tenth anniversary of the September 11th terror attacks, President Barack Obama is paying tribute to those who were lost that day, those who tried to save their lives, and members of the military. Meanwhile, New Yorks former mayor s...
President Barack Obama has begun trying to build public support for his plan to ease unemployment and boost the U.S. economy. The president started the campaign Friday in nearby Richmond, Virginia. Hours after laying out his $447 billion jobs plan to...
President Barack Obama's speech on the U.S. economy is just the latest in a long history of government proposals to stimulate economies and put people back to work. But with the U.S. economy expanding much slower than expected, and a political climat...
President Barack Obama will go before a joint session of Congress and a nationwide television audience next Thursday, September 8 to announce his plan to boost the struggling U.S. economy. The presidents chances of being re-elected could depend on th...
In the middle of a weak U.S. economic recovery, President Obama has named a new chairman for his Council of Economic Advisers. Princeton University economist Alan Krueger will be tasked with finding ways to boost anemic economic growth and combat stu...