BARACK OBAMA

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U.S. agency sees more health spending with reform

U.S. healthcare spending would rise by about $234 billion over the next decade under the Senate Democrats' overhaul bill and some of the proposed savings might never be achieved, a U.S. agency said in a report released Friday.

Citi to pay back U.S. government funds

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Citigroup said on Monday that it had reached a deal with U.S. regulators to repay $20 billion of shares held by the government by issuing $17 billion of stock and allowing it to exit the TARP program in 2010.
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House approves sweeping financial reforms

The House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and top Democrats in Congress.
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House approves financial regulation overhaul

The U.S. House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and congressional Democrats.
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House approves historic financial reform bill

The House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and congressional Democrats.
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House closes in on financial reforms passage

The U.S. House of Representatives was expected to approve the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration.
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Governor Sanford's wife files for divorce

The wife of South Carolina Governor Mark Sanford said on Friday that she was filing for divorce, six months after Sanford traveled secretly to Argentina for what he later confessed was an extramarital affair.
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North Korea hints ready to return to nuclear talks

North Korea indicated on Friday it was ready to end its year-long boycott of nuclear negotiations, following talks in the reclusive state this week with a U.S. envoy trying to revive a disarmament-for-aid deal.
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Pelosi backs expansion of Medicare in Senate plan

President Barack Obama's bid to overhaul the U.S. healthcare system appeared to get a boost on Thursday when the top Democrat in the House of Representatives signaled interest in a Senate Democratic compromise.
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Daily Outlook - Dec 11

Flight Near for Dreamliner; Bailout Funds for Small Biz; U.S. Credit Remains Top Level
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Obama plans TARP aid for small businesses: report

The Obama administration plans to channel money from the government financial bailout fund to small businesses in an effort to stem the political and economic fallout of high unemployment, the Washington Post said in its Friday editions.
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House tackling historic financial reforms

As the House of Representatives moved closer on Thursday to debating the most sweeping changes to financial regulation proposed since the Great Depression, a raft of late amendments were headed to the floor as lawmakers wrangled over the legislation.
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Obama calls for climate deal

U.S. President Barack Obama urged world leaders on Thursday to break the deadlock at climate change talks in Copenhagen, even though many nations accused the United States of lacking ambition.
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China calls for more emissions cuts from U.S.

China's top climate envoy called on President Barack Obama to increase a U.S. offer to cut greenhouse gases, and said it would discuss a 2050 emissions goal only if rich nations offered more cash and carbon cuts.
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U.S. House approves $447 billion spending bill

The House of Representatives on Thursday approved a $447 billion bill that boosts funding for a large part of the U.S. government and reflects priorities of Democrats who control Congress and the White House.
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Obama calls on world to confront climate change

Accepting his Nobel Peace Prize, U.S. President Barack Obama urged leaders on Thursday to confront climate change and warned of dire consequences if the world did nothing to curb rising carbon emissions.
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Obama says will not rush Afghan troop drawdown

U.S. President Barack Obama said on Thursday there would be no precipitous drawdown of U.S. forces in Afghanistan and cautioned that U.S. troops could still be there for years to come.

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