President Barack Obama on Wednesday proposed a lower corporate tax rate and an end to dozens of loopholes he said helps companies move jobs and profits overseas. "It's not right and it needs to change," he said.
President Barack Obama called on Congress Monday to create an $8 billion fund to train community college students for high-growth industries, part of his broader pitch to make higher education more affordable for all Americans.
Seeking cooperation in a polarized climate, President Barack Obama on Tuesday urged Congress to act quickly on bipartisan measures that would extend tax breaks for small businesses and help startup companies raise money. He said he would sign the legislation "right away."
President Barack Obama says he wants Congress to act quickly on bipartisan legislation that would extend tax breaks for small business and to help startup businesses raise money. He says he would sign the legislation "right away."
President Barack Obama has scaled back his ambitions from major initiatives like universal health care, to smaller-bore programs he can do on his own or that are uncontroversial enough for Republicans to go along. Think patent reform, reducing health regulations, or helping with student loans.
Decrying the human toll of the nation's economic and financial crisis, a group of corporate and labor leaders advising President Barack Obama is calling for sweeping and urgent changes in government policies, from liberalized immigration and less restrictive regulations to a more business friendly tax system and greater spending on...
Seeking to gain political advantage, President Barack Obama insisted Monday that Congress vote on his entire $447 billion economic plan this month, a step promptly rejected by Republicans who called for both sides to find common ground in their competing proposals to stimulate growth.
Drawing clear battle lines for next year's elections, a combative President Barack Obama on Monday demanded that the richest Americans pay higher taxes to help cut soaring U.S. deficits by more than $3 trillion. He promised to veto any effort by congressional Republican to cut Medicare benefits for the elderly...
In a blunt rejoinder to congressional Republicans, President Obama called for $1.5 trillion in new taxes Monday. The president's proposal aims to reduce spending in mandatory benefit programs, including Medicare and Medicaid, by $580 billion.
President Barack Obama is backing away from some deficit reduction proposals he considered during failed summer negotiations with House Speaker John Boehner even as he prepares to unveil a broad plan to tackle the nation's debt with a blend of tax revenue and lower spending on health care programs.