BARACK OBAMA

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Most Americans: Tax the rich but not me

Most Americans believe tax hikes are OK if you're making more than $250,000, a policy proposed by President Barack Obama, but hands off Medicare and Social Security, a poll released on Monday found.

EADS silent after Sarkozy hints at tanker bid

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Airbus parent EADS declined to comment on Wednesday after French President Nicolas Sarkozy stoked expectations that it would re-enter a competition to supply aerial tankers to the U.S. Air Force.

Obama signs final healthcare changes, defends law

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(Reuters) - President Barack Obama made another push to sell his healthcare overhaul to a skeptical public on Tuesday, calling it a victory over special interests that will help the middle-class and defending the courage of legislators who backed it.
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Economist Johnson urges breakup of big U.S. banks

America's big banks must be broken up and their risk-taking curtailed or the world's richest economy will face another massive financial crisis, former IMF chief economist Simon Johnson says in a new book.
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Healthcare changes head to Obama for signature

(Reuters) - U.S. House of Representatives Speaker Nancy Pelosi on Friday formally signed and sent to President Barack Obama the final installment of landmark healthcare overhaul legislation.
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Obama housing plan seeks to reduce mortgage debt

The Obama administration on Friday announced a $14 billion effort to try to stem a rising tide of home foreclosures by giving lenders incentives to erase some mortgage debt and slash mortgage payments for the unemployed.
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White House to announce housing aid Friday: sources

The White House plans to announce on Friday that it will require lenders to lower the mortgage payments of some unemployed workers and encourage lenders to eliminate some principal debt of homeowners who owe more than their home is worth, sources familiar with the plan said on Thursday.
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British parties imitate Obama in e-election

U.S. President Barack Obama's use of the Web on his way to the White House in 2008 has inspired British political parties to ramp up their digital campaigns for a general election expected in May.
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Jobless claims fall, buoy jobs recovery hopes

The number of workers filing for jobless aid fell sharply last week and a gauge of underlying labor market trends hit a 1-1/2 year low, boosting hopes the economy is on the verge of creating jobs.
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U.S. lead in nanotech eroding, report finds

The United States urgently needs to invest more in nanotechnology if it is to maintain its global lead in the emerging field, according to a report issued on Thursday to U.S. President Barack Obama.
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Health overhaul to hit profit at some companies

Two of the largest U.S. manufacturers said the healthcare overhaul will cost them millions of dollars this year, but the White House dismissed their complaints, saying it was simply closing a tax loophole.
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Corporate America weighs in on health law costs

A pair of top U.S. industrial companies gave some of the first estimates of what the nation's healthcare overhaul will cost them, although an Obama administration official called the moves premature.
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Healthcare costs burden more Americans: study

(Reuters) - A growing number of Americans spend more than 10 percent of their income on out-of-pocket expenses for healthcare services and insurance, according to a study published on Thursday.
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Obama signs historic healthcare reform into law

(Reuters) - A jubilant President Barack Obama signed the most sweeping U.S. social policy legislation in decades into law on Tuesday, putting his name on a healthcare bill that will help shape his legacy and the Democrats' chances of holding on to power in Congress.
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Fed rate policy to shift amid slow growth: report

The Federal Reserve will start moving away from its zero interest rate policy later this year as the U.S. economy improves modestly and job growth resumes, the UCLA Anderson Forecast unit said on Wednesday.
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Obama pay czar demands more trims at bailout firms

The Obama administration's pay czar on Tuesday clamped down on 2010 pay at five U.S. firms that still depend on a government lifeline, but boasted that his burdensome restrictions are not sending talented workers fleeing for the exits.
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Obama to revel in hard-fought healthcare victory

(Reuters) - President Barack Obama will revel on Tuesday in the passage of landmark healthcare legislation, a hard-fought win that will help shape his legacy and the Democrats' chances of holding power in the Congress.
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Senate panel backs financial reform bill

The U.S. Senate Banking Committee on Monday, approved landmark financial regulatory reform legislation, pushing the fight over the issue to the full Senate in April.
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Google reroutes China search, Beijing lashes back

Google Inc closed its China-based search service and began redirecting Web searchers to an uncensored portal in Hong Kong, drawing harsh comments from Beijing that raised doubts about the company's future in the world's largest Internet market.

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