White House

Tax bill packed with goodies for business

Tax bill packed with goodies for business

The massive new tax bill signed into law by President Barack Obama is filled with all kinds of holiday stocking stuffers for businesses: tax breaks for producing TV shows, grants for putting up windmills, rum subsidies for Puerto Rico and the Virgin Islands. There is even a tax break for people who buy race horses. […]

Joe Biden predicts gay marriage will win acceptance

Joe Biden predicts gay marriage will win acceptance

Vice President Joe Biden is predicting that the evolution in thinking that will permit gays to soon serve openly in the military eventually will bring about a national consensus for same-sex marriage. Changes in attitudes by military leaders, those in the service and the public allowed the repeal by Congress of the “don’t ask, don’t […]

Can Obama’s political rebound last?

Can Obama’s political rebound last?

President Barack Obama, whose first two years were marked by staunchly partisan votes on his signature initiatives, finds himself at a crossroads. In the seven weeks since the election, Obama negotiated with Republican leaders on taxes and left angry liberals on the sidelines. On a major nuclear treaty with Russia, he sidelined GOP Senate leaders […]

Can Obama reconnect with independents?

Can Obama reconnect with independents?

In political terms, President Barack Obama‘s tax-cut compromise with Republicans amounted to a step toward luring back independent voters whose support he needs to win re-election in 2012. Never mind that the deal alienated his liberal base; there’s no clear alternative Democrat to run against him. Perhaps more likely is a bid by an independent […]

Obama admits tax plan is far from perfect

Obama admits tax plan is far from perfect

President Barack Obama calls his tax-cut agreement with Republicans far from perfect but a good deal overall for Americans, while acknowledging that many fellow Democrats aren’t happy about what he negotiated with the GOP. Pressing for passage by year’s end, he told lawmakers in his radio and Internet address Saturday that “our recovery will be […]

Obama confident Senate will ratify nuclear treaty

Obama confident Senate will ratify nuclear treaty

Pushing a top foreign policy priority, President Barack Obama expressed confidence Wednesday the Senate would quickly ratify a U.S.-Russia nuclear arms pact that secured a major endorsement — former President George H.W. Bush. The president also reiterated his insistence that Congress approve a tax deal he negotiated with Republicans, urging lawmakers to examine the details […]

Obama’s new scare tactic: No tax cut, new recession

Obama’s new scare tactic: No tax cut, new recession

Raising the direst alarm yet, the Obama administration warned fellow Democrats on Wednesday that if they defeat the big tax-cut compromise detested by many liberals they could jolt the entire nation back into recession. President Barack Obama appealed anew for Congress to “get this done” and insisted that more congressional Democrats would climb aboard as […]

Axelrod: Obama ‘had’ to make tax deal

Axelrod: Obama ‘had’ to make tax deal

A senior adviser to President Barack Obama says he believes Democrats angry about the deal with Republicans on tax cuts will support it when they weigh the consequences of people’s taxes going up. David Axelrod tells CBS‘s “The Early Show” that Obama would not have been able to spare middle-class taxpayers a significant increase in […]

Can Obama sell his tax-cut to angry Democrats?

Can Obama sell his tax-cut to angry Democrats?

President Barack Obama still has work to do to sell fellow Democrats on the tax package he negotiated with Republicans. House Democratic leaders say the package is tilted too much in favor of the wealthy, putting Obama on the defensive for striking a deal that is picking up support among GOP lawmakers and business groups. […]