Barack Obama

Deja vu? U.S. has a new debt limit to face

Deja vu?  U.S. has a new debt limit to face

The U.S. government is getting a new borrowing cap Friday, almost four months after Washington defused October’s government shutdown and debt crisis. The new cap on borrowing is expected to be about $17.2 trillion. It means Treasury Secretary Jacob Lew will have to employ bookkeeping maneuvers to keep the government functioning until Congress further raises […]

Boehner: Immigration reform? Don’t bet on it

Boehner: Immigration reform? Don’t bet on it

Speaker John Boehner on Thursday all but ruled out passage of immigration legislation before this fall’s elections, saying it would be difficult for the Republican-led House to act on the issue that President Barack Obama has made a top domestic priority. In his most pessimistic comments, Boehner blamed the stalemate on widespread skepticism that Obama […]

Obama to sign Farm Bill, cuts to food stamps

Obama to sign Farm Bill, cuts to food stamps

President Barack Obama is carrying out a presidential duty that he hasn’t had a lot of opportunity to perform recently: signing into law a major piece of bipartisan legislation. Obama planned to sign a far-reaching farm bill Friday at Michigan State University, a rare celebration of Washington political compromise being held in heartland America. The […]

Does new health care law mean fewer people on the job?

Does new health care law mean fewer people on the job?

Several million American workers will cut back their hours on the job or leave the nation’s workforce entirely because of President Barack Obama’s health care overhaul, congressional analysts said Tuesday, adding fresh fuel to the political fight over “Obamacare.” The workforce changes would mean nationwide losses equal to 2.3 million full-time jobs by 2021, in […]

Farm bill clears Senate, heads for Obama’s signature

Farm bill clears Senate, heads for Obama’s signature

The sweeping farm bill that Congress sent to President Obama Tuesday has something for almost everyone, from the nation’s 47 million food stamp recipients to Southern peanut growers, Midwest corn farmers and the maple syrup industry in the Northeast. After years of setbacks, the Senate on Tuesday sent the nearly $100 billion-a-year measure to President […]

As budget numbers improve, zeal for more cuts wane

As budget numbers improve, zeal for more cuts wane

New U.S. budget deficit estimates due on Tuesday will likely show a rapidly improving fiscal picture over the next few years, contributing to a waning appetite in Washington for further budget cutting. The Congressional Budget Office is expected to revise downward its deficit forecasts over the next 10 years. Many analysts believe that major deficit […]

Can Obama hold Democrats together in election year?

Can Obama hold Democrats together in election year?

Seeking to preserve party unity in an election year, President Barack Obama is trying to tamp down internal Democratic divisions on issues like trade and energy, even as friendly lawmakers show little restraint in publicly breaking with the White House. The president will hold separate meetings this week with House and Senate Democrats, where he’s […]