Daily News Channel
The most amazing part of the exchange to me is that I didn’t go into the East Room intending to ask President Obama about AIG. WASHINGTON (CNN) — The most amazing part of the exchange to me is that I didn’t go into the East Room intending to ask President Obama about AIG.
The first rule of the political press conference: You don’t really have to answer the question, or at least you don’t have to dwell on it. You can simply say what you came to say.
President Obama said Tuesday "there are no quick fixes" to pull the economy out of recession, but he insisted the country will recover. In his second prime time news conference, Obama called on Americans to look to the future with a “renewed confidence that a better day will come.” “We will recover from this recession,” the president said.
Ask an Administration official what to expect legislatively this year and the answer will probably fall along these lines: reregulation of the financial markets, followed by the budget, health care and then green jobs. It is a massive agenda for President Barack Obama’s first year in office, and already some in the environmental community are worried that their agenda will be sacrificed.
Everyone’s trying to cut their budget this year, from the White House to big corporations to ordinary citizens. For many Americans, this means making big changes and going without things to which they’ve become accustomed
On reading Warren Buffett’s much-anticipated letter to Berkshire Hathaway’s shareholders, one can’t avoid being struck by his faith in the ability of the American people to overcome adversity and to move the nation forward.
President Obama on Thursday presented a budget that he said is an "honest accounting of where we are and where we intend to go." Congress received a 140-page summary of the budget for fiscal year 2010 Thursday morning. The full details are expected in April. The government’s fiscal year runs from October of one year to September of the next
After promising the American people his team has already found $2 trillion in budget savings by scouring the federal budget, President Obama is planning to lay out some of the potential spending cuts in great detail when he unveils his first blueprint on Thursday, according to senior administration officials familiar with the budget plans. “My administration has also begun to go line by line through the federal budget in order to eliminate wasteful and ineffective programs,” Obama said Tuesday in a speech to a joint session of Congress.
The disabled young son of UK opposition leader David Cameron has died, UK media have reported. In his first speech to a joint session of Congress, Obama said it’s time to act boldly not just to revive the economy, but “to build a new foundation for lasting prosperity.” “While the cost of action will be great, I can assure you that the cost of inaction will be far greater,” he said.
President Obama on Tuesday outlined an ambitious agenda that requires "significant resources," even as he aims to halve the deficit by the end of his first term. In his first speech to a joint session of Congress, Obama said it’s time to act boldly not just to revive the economy, but “to build a new foundation for lasting prosperity.” “While the cost of action will be great, I can assure you that the cost of inaction will be far greater,” he said. The president struck an optimistic tone, asserting that “we will rebuild, we will recover, and the United States of America will emerge stronger than before.” Obama focused on the three priorities of the budget he will present to Congress later this week: energy, health care and education