White House

Obama: Republicans would ‘cripple’ America

Obama: Republicans would ‘cripple’ America

President Barack Obama continued his march to the left Sunday, unleashing a blistering attack against Republicans, charging them with trying to “cripple” America through what he called regressive policies. “From the moment I took office,” he said, “what we’ve seen is a constant ideological pushback against any kind of sensible reforms that would make out […]

Obama’s solution: Tax the rich

Obama’s solution: Tax the rich

President Barack Obama, in a populist gesture designed to appeal to voters, will propose a “Buffett Tax” on people making more than $1 million a year as part of his deficit recommendations to Congress on Monday. Such a proposal, among suggestions to a congressional Super Committee expected to seek up to $3 trillion in deficit […]

Obama’s tax cuts worry social security advocates

Obama’s tax cuts worry social security advocates

Some Social Security advocates fear that President Barack Obama‘s desire to cut taxes supporting the program will undermine its vaunted stature as a self-financing pension system that provides checks to retirees based on contributions they made while working. For now, though, the administration insists — and many experts agree — that the proposal would have […]