Barack Obama

Obama’s economic stimulus: Did it work?

Obama’s economic stimulus: Did it work?

President Barack Obama marked the five-year anniversary of a controversial economic stimulus plan by releasing a report on Monday saying that government spending averted a second Great Depression, setting off a new round of partisan debate about the decision. Obama had been in office only a month when he signed the American Recovery and Reinvestment […]

Issa calls Obama an ‘imperial’ President

Issa calls Obama an ‘imperial’ President

His party divided, Rep. Darrell Issa, the chief Republican attack dog, is calling on the GOP to abandon government-backed solutions and instead unite against President Barack Obama’s “imperial presidency.” The California congressman said during a rare New Hampshire tour that he’s not interested in running for the White House, but wants to play a key […]

Obama made life worse for America’s middle class

Obama made life worse for America’s middle class

Five years ago Monday, President Barack Obama signed the signature economic proposal of his presidency, saying that the passage of the $787 billion economic stimulus package heralded the “the beginning of the end” of the Great Recession. The president told a Denver audience that he was “keeping the American Dream alive in our time.” But […]

Obama signs bills raising debt limit, restoring vet benefits

Obama signs bills raising debt limit, restoring vet benefits

President Barack Obama on Saturday signed separate measures into law to lift the federal debt limit and restore benefits that had been cut for younger military retirees. Obama signed the bills during a weekend golf vacation in Southern California. The debt limit measure allows the government to borrow money to pay its bills, such as […]

President tries to calm Dems’ fears over Obamacare

President tries to calm Dems’ fears over Obamacare

President Barack Obama sought on Friday to ease strains with his Democratic allies in the U.S. Congress, who are fearful they could face election consequences from the botched rollout of the president’s signature healthcare law known as “Obamacare.” Speaking to House of Representatives Democrats during their three-day retreat, Obama cited an increase in the number […]

Obama plans 18 Democratic fundraisers in 2014

Obama plans 18 Democratic fundraisers in 2014

President Barack Obama has committed to holding more than 18 fundraisers to help Democrats this year, putting the full force of his political brand behind his party’s efforts to gain seats in the House and prevent Republicans from snatching control of the Senate. The stepped-up commitment from the president stands in clear contrast to 2010, […]

Boehner’s retreat leads to new debt limit approval

Boehner’s retreat leads to new debt limit approval

It was once the backbone of the House Republican majority — the hard-line stand that brought President Barack Obama to the negotiating table and yielded more than $2 trillion in deficit reduction. On Tuesday, it abruptly vanished, the victim of Republican disunity and a president determined not to bargain again. During the summer budget negotiations […]

Big companies get ‘wiggle room’ on Obamacare

Big companies get ‘wiggle room’ on Obamacare

Big retail stores, hotels, restaurants and other companies with lots of low-wage and part-time workers are among the main beneficiaries of the Obama administration’s latest tweak to health care rules. Companies with 100 or more workers will be able to avoid the biggest of two potential employer penalties in the Affordable Care Act by offering […]