Chrysler Group LLC's application for federal loans is moving ahead and will not be affected too much by proposed cuts in the Obama administration's budget, the head of the U.S. Department of Energy said on Monday.
Big pharmaceutical companies could face increased competition from generic drugmakers under two proposals put forth by the Obama administration on Monday.
President Barack Obama's budget proposal for 2012 is not a permanent fix for finances and chances are it will be watered down in Congress, Standard & Poor's chief economist said on Monday.
President Barack Obama unveiled the fiscal year 2012 budget on February 12, 2011. The total budget is $3.73 billion in spending. The budget deficit which accompanies the budget is $1.65 trillion.
Top House Republicans reacted to President Barack Obama's 2012 budget proposal on Monday, saying that it would destroy jobs and that the President missed a unique opportunity to reduce the federal government's budget deficit, which would rise to $1.65 trillion under the plan.
During an interview of NBC’s “Meet the Press” news talk show on Sunday, Speaker of the House John Boehner said that while he believes that President Barack Obama is a U.S. citizen and a Christian, he added that isn’t his responsibility to persuade people who questioned Obama’s origin and religion
The following is a White House Transcript of President Barack Obama's remarks on the unveiling of his proposal for the U.S. 2012 fiscal year federal budget as delivered at Parkville Middle School and Center for Technology in Baltimore, Maryland on February 14, 2011.
U.S. stock index futures edged lower on Monday after Wall Street posted two straight weeks of gains that drove indexes to new multi-year highs and investors worried the market is overextended.
Seeking to balance cuts while maintaining U.S. competitiveness and facing pressure from Republicans seeking even bigger reductions, President Barack Obama said on Monday his proposed 2012 budget was a down payment, on reducing the federal budget deficit, but said more work was needed to address long term challenges.
President Barack Obama proposed a budget on Monday that would cut the U.S. deficit by $1.1 trillion over 10 years, setting the stage for a bitter fight with Republicans who vow even tougher spending controls.
President Barack Obama will push his priorities for the 2012 federal fiscal year budget on Monday. Some of the cuts include programs for low income people and education in a budget that will cut the federal deficit by $1.1 trillion over the next 10 years.
U.S. stocks were set to dip on Monday after posting two straight weeks of gains that drove indexes to new multi-year highs and some investors worried the market was overextended.
Hundreds of anti-government protesters, inspired by the mass uprising in Egypt, clashed with police blocking them from marching to Yemen's presidential palace in Sanaa on Sunday, witnesses said.
Nothing like a little revolution to shake up an already turbulent global economy.
Office of Management and Budget Director Jacob Lew said Sunday that the interest rate on graduate school federal loans will start building while students are still taking courses.
Nothing like a little revolution to shake up an already turbulent global economy.
Donald Trump Vs Sarah Palin in the race for Republican Presidential Candidates 2012 as anti-Obama the billionaire gave another sign at the CPAC that he would run for the White House.
Three decades of totalitarian rule by the Mubarak regime finally ended on Friday as the President gave up his powers to the military. Vice President Omar Suleiman announced Mubarak's resignation amidst cries of joy by the masses.
The following is a White House transcript of President Barack Obama's remarks on Egypt from the Grand Foyer in the White House on February 11, 2011.
President Barack Obama will make a trip to Oregon at the end next week and will visit an Intel manufacturing plant as well as discuss the company's programs related to science, engineering and math programs, the White House spokesman Robert Gibbs said in a press conference on Friday.
President Barack Obama said the Egyptian people's voices were heard and President Hosni Mubarak responded to people's hunger for change.
Bill O’Reilly’s interview with President Obama before the Super Bowl last Sunday has elicited a broad array of criticism, particularly from liberals like Bill Maher who claimed O’Reilly interrupted the President too much and didn’t show him enough deference. Meanwhile, conservatives and others called Maher a hypocrite because he savagely had attacked George W. Bush when he was President.
