Barack Obama

Economic stimulus sets the stage for next year’s big fight

Economic stimulus sets the stage for next year’s big fight

In the year-end tax debate of 2010, President Barack Obama got the economic stimulus he sought while Democrats in Congress settled for picking a political fight. Far more quietly, Republicans pocketed a two-year extension of George W. Bush-era tax cuts at all income levels and a sweetened estate tax to go with it, without having […]

‘Don’t ask, don’t tell’ is history after historic vote

‘Don’t ask, don’t tell’ is history after historic vote

In a historic vote for gay rights, the Senate agreed on Saturday to do away with the military’s 17-year ban on openly gay troops and sent President Barack Obama legislation to overturn the Clinton-era policy known as “don’t ask, don’t tell.” Obama was expected to sign the bill into law next week, although changes to […]

Republcans end year with scrooge move on immigration

Republcans end year with scrooge move on immigration

Senate Republicans on Saturday doomed an effort that would have given hundreds of thousands of young illegal immigrants a path to legal status if they enrolled in college or joined the military. Sponsors of the Dream Act fell five votes short of the 60 they needed to break through largely GOP opposition and win its […]

Congress pontificated against earmarks, then then packed bill with pork

Congress pontificated against earmarks, then then packed bill with pork

More than two dozen senators — most of them Republicans — put hundreds of homestate projects in the $1.3 trillion bill to fund the federal government even though they recently voted to ban so-called earmarks. The effort to pass the 1,924-page bill collapsed Thursday night after complaints by conservatives over its complexity and size and […]

Next up: ‘Don’t ask, don’t tell’

Next up: ‘Don’t ask, don’t tell’

The Senate was headed toward a landmark vote Saturday on legislation that would let gays serve openly in the military, testing waning opposition among Republicans and putting Democrats within striking distance of overturning “don’t ask, don’t tell.” Passage would be a historic victory for President Barack Obama, who made repeal of the 17-year-old law a […]

Weiner raps Obama on tax deal

Weiner raps Obama on tax deal

A prominent Democratic opponent of the tax cut package passed by Congress says Republicans got the better of President Barack Obama in the negotiations to reach agreement on the $858 billion deal. Democratic congressman Anthony Weiner of New York says Republicans turned out to be “better poker players” than the president. He told CBS‘ Early […]

Congress goes into urgent mode; rushes to make it come for the holidays

Congress goes into urgent mode; rushes to make it come for the holidays

Rushing to finish by Christmas, congressional Democrats worked Friday to secure Senate ratification of a new arms control treaty and to end the military’s ban on openly gay service members as they neared the end of two tumultuous years of single-party government. Legislation to keep the federal government running until mid- to late February was […]

So, what does this tax bill stuff really mean for you?

So, what does this tax bill stuff really mean for you?

The new tax law signed by President Barack Obama Friday will spare millions of Americans from a big tax increase on Jan. 1. It also includes a new cut in Social Security payroll taxes next year. A look at how typical taxpayers will fare in 2011: ___ Taxpayer: A single person with no children, making […]

Obama claims tax deal will help middle class

Obama claims tax deal will help middle class

President Barack Obama says a tax cut package that’s about to become law will give a much-needed holiday-season boost to middle class Americans and spur the ailing economy. The president called the deal “real money that’s going to make a real difference in people’s lives.” Obama spoke Friday before signing the $858 billion bill that […]

Obama’s tax bill means nothing to long-term jobless

Obama’s tax bill means nothing to long-term jobless

The tax-cut bill President Barack Obama is expected to sign Friday renews benefits for millions of unemployed people. But it does nothing for hundreds of thousands who have been out of work so long they’ve used up all benefits available to them. In the 25 states with unemployment of at least 8.5 percent, people can […]