August 15, 2011 |
As he sets out on a three-day bus tour of the Midwest focused on the economy, President Obama is coming under growing pressure from fellow Democrats to put forward a more aggressive strategy to create jobs than the one he has been touting for months. Obama has offered a jobs package crafted to win Republican support in a divided Congress. But he faces two distinct problems: Republicans say they won't vote for several pieces of the plan. And Democrats contend the program, even if enacted in full, would fall short of what's needed to boost job growth or revive Obama's political prospects.
April 10, 2012 |
With Tax Day a week away, President Obama is turning up the volume on his call for “tax fairness,” a central part of his campaign message and a weapon Democrats hope to use against Republicans in Congress. In a speech in Florida on Tuesday, Obama is slated to restate his argument that the rich should pay at least 30% of their income in taxes, a principle dubbed the “Buffett rule” after billionaire investor Warren Buffett, who has said that he pays a lower percentage in income taxes than his secretary.
October 15, 2003 |
Detailing his call for a "new American patriotism," Democratic presidential candidate Wesley K. Clark on Tuesday proposed to establish a "Civilian Reserves" that would mobilize millions of Americans for missions at home and abroad. "Today I want to offer a new call to service," Clark told an audience of college students in New York City, according to prepared remarks distributed by his campaign.
January 29, 2002 |
Microsoft Corp. would keep its Windows monopoly and the power to bully customers and competitors under the Bush administration's proposal to settle the government's 31/2-year-old antitrust case, opponents said. Industry groups that supported breaking up the world's biggest software company said its settlement with the Justice Department doesn't contain enough restrictions to restore competition to the market for personal computer operating software.
January 5, 2011 |
President Obama is expected to name a replacement this week for top economic advisor Lawrence H. Summers, and the top candidates have had ties to the financial industry, which the president has lambasted for its role in precipitating the Great Recession. Summers' last day as director of the National Economic Council was Friday. His deputy, Jason Furman, has taken over the job as the White House finishes a search that began when Summers announced his resignation in September. Candidates to replace Summers include Gene Sperling, a former economic advisor to President Clinton who has done consulting work for investment banker Goldman Sachs Group Inc., and Roger Altman, chairman of investment banking firm Evercore Partners and a deputy Treasury secretary under Clinton.
May 1, 2005 |
The latest wrinkle in President Bush's plan to shore up Social Security's finances follows a familiar pattern: Bush and his opponents can't agree on the most basic facts. This time, the two sides are at loggerheads over whether the president, in his effort to guarantee the system's solvency, would cut retirees' benefits. Bush never uttered those words in his Saturday radio address, which focused on Social Security.