Obama defends budget as essential to recovery

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.

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Obama highlights need for more clean-energy funding

President Obama turned his attention to the need for more clean-energy funding Monday, arguing that an expanded investment is needed to lay the foundation for long-term economic growth, cut dependence on foreign oil and slow the process of global warming. Obama, speaking to a group of renewable-energy company owners and investors, said the country has “known the right choice for a generation (and that) the time has come to make that choice.” In the years ahead, the United States “can remain the world’s leading importer of foreign oil, or we can become the world’s leading exporter of renewable energy,” Obama argued. “We can allow climate change to wreak unnatural havoc, or we can create jobs preventing its worse effects

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On ’60 Minutes,’ Obama rebukes Cheney criticism

President Obama said in an interview aired Sunday that the hardest decision he’s made since taking office was to send more troops to Afghanistan. Also in the interview on CBS’ “60 Minutes,” Obama defended his decision to shut down the U.S. prison at Guantanamo Bay, Cuba, and he countered criticism from former vice president Dick Cheney.

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New video of Briton seized in Iraq in 2007

The British Embassy in Baghdad has received a new video of one of five British hostages kidnapped about two years ago. “Regarding the transfer of troops, soldiers, we are positive on that issue,” said Recep Tayyip Erdogan, speaking through an interpreter. In an exclusive interview with CNN at the headquarters of his Justice and Development Party, Erdogan indicated he had not yet received an official request from his American ally for permission to move troops across Turkish soil.

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America has a new enemy

Forget Al Qaeda, Weapons of Mass Destruction and the Axis of Evil. A once obscure acronym is on the lips of President Barack Obama, just about every politician in Washington and a lot of angry taxpayers nationwide. It’s AIG., American International Group, a trillion-dollar company operating in 130 countries that was one of the most trusted names on Wall Street

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