U.S. sending armed Predator drones to Libya
U.S. Defense Secretary Robert Gates has stated that President Barack Obama approved the use of armed, unmanned Predator drone aircraft to assist the coalition military campaign in Libya.
Seinfeld cancels on Trump event after Obama comments
Famed television comic Jerry Seinfeld has pulled out of an event connected to Eric Trump, son of Donald Trump, because of the latter’s aggressive attacks on President Barack Obama, particularly his insistence that Obama was not born in the U.S., according to a report on CNN.
Lawsuits fly in BP's Gulf spill blame game
BP Plc and its partners in the Gulf of Mexico oil spill have unleashed a $100 billion-plus barrage of legal claims against each other a year after the rig blast killed 11 workers and created an environmental disaster.
Obama Focus on Deficits, Still Urgent on Immigration, Energy
President Barack Obama is currently focused on reaching a deal with Republicans on lowering the nation's long term deficits, but said Wednesday that he is still urgent to make changes to the nation's immigration and energy systems.
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Obama Wants Debt Target Soon, How to Reach it May Be Years Away
Washington Democrats and Republicans have already generally agreed - though no official deal is in place - that the U.S. debt will grow by trillions of dollars over the next 10 years and that the pace of its growth must slow. How the government will cut deficits in the years to come is a matter of debate and Congress is undecided.
Foreign firms bidding for China contracts face uneven playing
Foreign companies bidding for public projects in China, valued at $1 trillion a year, face a sharply tilted playing field, a European Union business lobby said Wednesday, citing favoritism and corruption as influencing the award of contracts.
Obama takes tax plan to Facebook billionaires
President Barack Obama may face a tough audience when he brings his tax-hike-for- billionaires message to Facebook on Wednesday -- Silicon Valley is full of the sort of people the president wants to pay more taxes.
McConnell Rejects Obama's 2014 Trigger for Deficit Cuts
Senate Minority Leader Mitch McConnell on Tuesday rejected the notion of committing to future budget cuts after the President leaves office as he appointed a fellow Senate Republican to a debt panel to discuss how to reduce the long-term federal deficits.
Geithner says no risk U.S. will lose AAA rating
U.S. Treasury Secretary Timothy Geithner, going on the offensive one day after Standard & Poor's threatened to lower its top-tier rating on U.S. government debt, said on Tuesday there was no risk of a downgrade.
Geithner: Agree First on Deficit Cuts Size, Specifics Later
Treasury Secretary Timothy Geithner on Tuesday said bipartisan framework that sets targets for deficit reduction over the long-term could could be agreed to in the next few months, but exactly how to go about that would not happen soon.
Huckabee is the choice of Iowa Republican voters: poll
Mike Huckabee would draw many votes in the key Iowa primaries next year if he chose to run on the Presidential ticket, according to a survey by Public Policy Polling (PPP).
Obama Beats Trump in Hypothetical 2012 Match-Up
President Barack Obama leads Donald Trump by 15 percentage points in a hypothetical 2012 matchup, according to a new poll by Rasmussen Reports.
Obama on Facebook Wednesday for Live Town Hall on Economy
President Barack Obama is teaming up with Facebook to talk about the nation’s economy and plans to deal with financial challenges.
Treasury hits back at Dodd-Frank critics
The Obama administration fired a fresh salvo at Wall Street on Tuesday, telling critics of the U.S. financial reform law to knock off their attacks.
Trump or Drumpf – What’s In A Name?
There are some interesting elements from Donald Trump’s own ancestry. For one thing, “Trump” is not his real name.
Deficit Deal Deadline is 2012 Election
Sen. Tom Coburn, R-OK on Monday - reacting to a 2 year warning on the nation's pristine credit rating - said Democrats and Republicans needed to reach a deal on cutting the nation's long-term deficits ahead of the November 2012 election, cautioning against waiting for the perfect political moment to tackle the problem.
Obama Launching Pitch on Deficit Cuts, '12 Campaign
President Barack Obama will focus on two kinds of finances this week. The United States' and his own. Obama will take Air Force One to the West Coast this week in a trip combining talks on reducing the deficit at a pair of town hall gatherings and at a pair of fundraisers for his 2012 Presidential re-election campaign.
'Congress Will Always' Raise the Debt Limit, Geithner says
Treasury Secretary Timothy Geithner's statements on Sunday that Congress will raise the U.S. debt ceiling in the coming months are in line with separate recently-proposed long-term plans by the Democratic and Republican leadership in Congress and the White House to increase the debt by trillions of dollars in the next decade.
Suicide bombing in Kabul targets defense minister
Another suicide bombing in Afghanistan has killed at least two people and injured seven in an attack inside the country’s defense ministry in Kabul.
North Carolina Recovers from Deadly Tornado Outbreak
Assessment and cleanup continued in North Carolina on Monday as the state recovered from a tornado outbreak which swept across the state on Saturday in which nearly two dozen people died, dozens of institutions and numerous homes were destroyed or damaged.
U.S. Credit at Stake in Debt Ceiling Vote, Geithner Says
The U.S. government would risk damaging its credit worthiness if it doesn't agree to raise the national debt ceiling past $14.3 trillion in the next few months, U.S. Treasury Secretary Timothy Geithner said on Sunday.
Taliban insurgents kill 10 troops in Afghanistan
Ten soldiers -- five foreign and five Afghans – were killed in an attack by a suicide bomber in eastern Afghanistan, according to the Afghan defense ministry.
House 'Sets the Bar' for 2012 Budget Debate
The House of Representatives set the bar for an upcoming debate on the 2012 budget by passing a $3.5 trillion federal bill on Friday that spends $179 billion less than President Barack Obama's proposal in February.
Obama Averts Shutdown; Protests New Guantanamo Curbs
President Barack Obama signed the law that officially averts a federal shutdown but objected to and vowed to repeal rules attached to it that prevent the use of money to transfer detainees out of Guantanamo Bay or to foreign countries.
U.S. prods companies to develop secure, easy-use ID
The Obama administration urged the private sector on Friday to develop methods that consumers can use instead of passwords to identify themselves online and, in some cases, in brick and mortar stores.
Health Spending is Key in U.S. Budget Impasse
The biggest difference between President Barack Obama and Republican plans on spending and over the next decade or so is in healthcare, although smaller, but significant spending differences remain in other categories. The U.S. debt, currently at $14.3 billion will grow by trillions of dollars under budget plans from both sides.
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