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Obama S Plan

NEWS
January 4, 2012 | By Seema Mehta
Mitt Romney and John McCain have a history of tense relations dating back to their vicious battle for the 2008 GOP presidential nomination, but any hard feelings appear to have been put aside as McCain endorsed Romney on Wednesday to be the party's nominee to take on President Obama. “It's with some nostalgia that I return to this place that I love so well,” said McCain, a popular figure in New Hampshire who twice won GOP presidential primaries here. “I'm really here for one reason and one reason only and that is to make sure we make Mitt Romney the next president of the United States of America.
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NEWS
August 17, 2012 | By David Lauter
Before the presidential campaign hurtles off to the next skirmish, take a moment to notice what happened this week: Mitt Romney vowed to increase the national debt by $716 billion, and no one so much as blinked. Romney's handling of the $716 billion in Medicare cost cuts comes close to being a perfect example of why federal spending so seldom gets cut - everyone favors restraining government spending in theory, but voters seldom love it in practice. To recap: As part of the Obama health reform law, Congress voted to reduce payments to certain hospitals, insurance companies and other healthcare providers by about $716 billion over the next 10 years.
NEWS
October 11, 2012 | By Seema Mehta
ASHEVILLE, N.C. -- Providing medical insurance coverage for people with preexisting health conditions is among the more popular provisions of President Obama's signature healthcare law. Mitt Romney, while pledging to repeal and replace Obamacare, has repeatedly said that he would require insurance companies to cover people with preexisting conditions, provided the customers previously had continuous coverage. Romney has never said what he would do with people who did not have continuous coverage, but he offered a new clue in an interview that was published Thursday.
NEWS
May 17, 2013 | By Lisa Mascaro
WASHINGTON -- President Obama's proposed mix of tax hikes and spending cuts would reduce future budget deficits more quickly than under current laws, according to a report issued Friday that could rekindle the dormant budget wars in Washington. The outlook from the nonpartisan Congressional Budget Office comes as the government is set to reach its debt limit on Saturday, forcing the White House and Congress back to the negotiating table to work out a long-term budget plan that raises taxes, cuts spending -- or some combination of the two. Already, Washington is on track to have a substantially lower deficit -- $642 billion -- this fiscal year than experts had expected, the budget office reported earlier this week.
NEWS
January 19, 2014 | By David S. Cloud, This post has been corrected. See note at bottom for details.
WASHINGTON - Sen. Dianne Feinstein (D-Calif.) and House Republicans raised doubts Sunday about President Obama's plan to restrict the federal government's ability to collect data on domestic telephone calls, saying that private phone companies do not want the responsibility and would not be subject to oversight. "The whole purpose of this program is to provide instantaneous information to be able to disrupt any plot that may be taking place," Feinstein said on NBC's "Meet the Press.
NEWS
July 10, 2013 | By Michael A. Memoli
WASHINGTON - A proposal to extend lower interest rates for some federal student loans failed for the second time in the Senate on Wednesday, putting new pressure on Democrats to reach a compromise on the issue. A unanimous bloc of Republicans, joined by West Virginia Democrat Joe Manchin and independent Angus King of Maine, voted against a procedural step that would have allowed the approach favored by Senate Democratic leaders to move forward. Their bill would reinstate for one year the 3.4% interest rate for subsidized Stafford loans that expired June 30. With no action in Congress so far, the rate has doubled to 6.8%.
NEWS
September 14, 2011 | By James Oliphant, Washington Bureau
President Obama continued to stump for his jobs plan Wednesday, traveling to the battleground state of North Carolina and again suggesting that he will blame a failure by Congress to pass the package squarely on Republicans. The president told a crowd of about 8,000 at North Carolina State University in Raleigh that the GOP was resisting the plan, in part, because Republicans don't want to “give me a win” in advance of the 2012 elections. “Give me a win? Give me a break!
WORLD
September 10, 2013 | By Paul Richter
WASHINGTON - By providing a way to avert a U.S. military strike, Russia's proposal that Syria surrender its chemical weapons has offered a host of world leaders an exit from an increasingly damaging political crisis. The plan, which is expected to be hashed out in the United Nations over the next week or longer, has quickly gained supporters in Europe, the Middle East and the U.S. Congress. Despite numerous complications and likely setbacks ahead, the idea has gained momentum because it offers major advantages for each of those parties.
NEWS
March 13, 2014 | By Christi Parsons
WASHINGTON -- Saying it's “just fair” for more Americans to earn overtime pay, President Obama on Thursday directed the Labor Department to come up with new rules to expand the number of workers eligible. Before sitting down to sign a presidential memorandum to “modernize” work rules, Obama told a crowd gathered at the White House that the current standards are no longer adequate. Many workers in the U.S. earn roughly an hourly wage but don't qualify for overtime because they're designated as management.
CALIFORNIA | LOCAL
October 18, 2013 | By Robin Abcarian
This post has been corrected. See note at bottom for details. Maybe you've heard about the beloved local ice cream company that's been forced to close its doors because of Obamacare? Earlier this week, Newt Gingrich shared the dreadful news with Sean Hannity on Hannity's radio show. It's awful, just awful, the two men agreed, that small businesses are being driven under by the “job-killing” Affordable Care Act. It didn't take me long to identify the company: Bonnie Doon Ice Cream Corp., an Indiana ice cream maker that also operated a chain of drive-in diners in Mishawaka, South Bend and Elkhart.
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