WHITE HOUSE

Reid Cancels July 4th Recess

Senators stalled on budget talks will have to miss Fourth of July festivities as the chamber’s top Democrat signaled there will be no recess.

Obama: U.S. to Keep Pressure on Al-Qaeda, Taliban

Obama speaks during a news conference in the East Room of the White House in Washington
The United States will keep applying the utmost pressure on al-Qaeda, even after its former leader Osama bin Laden was removed, according to comments made by U.S. President Barack Obama during a White House press conference.
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Will Taxes Rise on Jet-Owning Income Group?

Obama Deficit Reduction Plan May Tax Slice of Mega-Rich, Not Rich

If your adjusted gross income is under $250,000, you may get a reprieve, if the Obama administration's latest deficit reduction proposal becomes law after debt ceiling talks have concluded. The administration is now said-to-be seeking to increase taxes on a narrow slice of the mega-rich, such as owners of private jets.
Former Massachusetts Governor Mitt Romney

Romney: I'll Favor Businesspeople for Cabinet Posts

Former Massachusetts Gov. Mitt Romney, an early frontrunner for the Republican Party's 2012 presidential nomination, defended his work at a private equity firm, saying that he wants people with extensive private sector experience in his cabinet.
President Barack Obama

Obama Plunges Into Debt Ceiling Talks

President Barack Obama will meet with leaders from both parties Monday, seeking to overcome an impasse in negotiations over a deal to raise the federal debt limit.
2011 Gay Pride Parade

2011 Gay Pride Parade

Two million turned out for one of the largest gay pride parades rejoicing at the legalization of same-sex marriage in New York State.
U.S. first lady Michelle Obama

Michelle Obama Defends President on Africa

In Africa on a goodwill mission Friday, First Lady Michelle Obama defended her husband against criticism that he isn't paying enough attention to the continent. The first lady said her weeklong trip is, actually, proof of the president's commitment to Africa, the Associated Press reported.
President Barack Obama

President Obama to Enter Debt Ceiling Talks

President Barack Obama indicated Friday he is ready to take over the budget deficit / debt ceiling negotiations, inviting Senate leaders to the White House next week, as the continuing impasse pushes the U.S. closer to a potential default.
US President Obama speaks to the media alongside Google CEO Schmidt in Washington.

White House urged to maintain distance from Google

Consumer Watchdog on Friday said the White House's close relationship with the Google is inappropriate, as the Internet search company is currently under review by Federal Trade Commission (FTC) and the Department of Justice, a report said on Friday.
U.S. Capitol

Cantor, Kyl Quit Deficit Reduction Talks, Increasing Risk of U.S. Default

A year ago, it seemed implausible, perhaps absurd, to think the U.S.'s two, major parties, the Democratic Party and the Republican Party, would disagree so much that the United States would be at risk of defaulting on its bonds, due to a failure to raise the debt ceiling before the U.S. Government runs out of money in August. Now, incredibly, it appears a U.S. default is possible.
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Obama on Afghanistan Troop Withdrawal (FULL TEXT)

Following are President Obama's remarks on the drawdown of troops in Afghanistan as prepared for delivery. The speech took place at the White House in Washington, D.C. on June 22, 2011, at 8 p.m. ET.
National Education Association endorses President Obama’s re-election

Obama Orders Troop Cuts in Afghanistan

President Barack Obama began the steady retreat from Afghanistan Wednesday, saying in a televised speech the United States has largely achieved its goals and the withdrawal of troops will now begin.
obama troops

Obama to Announce Afghanistan Withdrawal Plan

President Barack Obama will announce the withdrawal of 10,000 American troops from Afghanistan this year, and another 20,000 troops, the remainder of the 2009 surge, by the end of next summer, administration officials say.
2012 U.S. Budget

CBO: Without Action, National Debt Will Exceed GDP in 2021

How big could the national debt get? Well, to paraphrase a line popularized by actor William Shatner, if Congressional lawmakers can not agree on a deficit reduction package, it’s going to get ‘really big’ -- grow to a total larger than the U.S. economy.

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