September 14, 2011 |
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!
July 10, 2013 |
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%.
December 5, 2012 |
WASHINGTON - President Obama said Wednesday that he would reject any Republican effort to tie a long-term budget deal to a vote to increase the debt ceiling, saying such a strategy would be a threat to the recovering economy. “That is a bad strategy for America, it's a bad strategy for your businesses, and it is not a game that I will play,” Obama told a group of business leaders gathered for a meeting of the Business Roundtable. The president was reacting to reports that Republicans on the Hill are considering a new way out of their standoff with the president over a massive set of tax rates and spending cuts set to take effect in the new year.
January 4, 2012 |
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.
January 19, 2014 |
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.
July 18, 2012 |
WASHINGTON - Elderly Americans on Medicare are substantially happier with their insurance coverage than their younger counterparts who rely on commercial insurance, according to a new national survey . Only 8% of Medicare beneficiaries 65 or over rated their coverage “fair” or “poor,” the nonprofit Commonwealth Fund found. By comparison, 20% of those with employer-based coverage gave their insurance plan low marks. And 33% of people who bought insurance on their own reported unhappiness with their coverage.
August 17, 2012 |
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.
September 10, 2013 |
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.
November 14, 2012 |
Mitt Romney told his top donors Wednesday that his loss to President Obama was a disappointing result that neither he nor his top aides had expected, but said he believed his team ran a “superb” campaign with “no drama,” and attributed his rival's victory to “the gifts” the administration had given to blacks, Hispanics and young voters during Obama's first term. Obama, Romney argued, had been “very generous” to blacks, Hispanics and young voters. He cited as motivating factors to young voters the administration's plan for partial forgiveness of college loan interest and the extension of health coverage for students on their parents' insurance plans well into their 20s. Free contraception coverage under Obama's healthcare plan, he added, gave an extra incentive to college-age women to back the president.
March 29, 2013 |
WASHINGTON -- President Obama urged Congress to take up his proposals to improve the nation's infrastructure, saying his plan would encourage private investment and put construction workers back to work. Making a quick day trip to the Port of Miami, Obama argued that restoring neglected bridges, roads and other infrastructure could spur economic growth with minimal government spending. “We still have too many ports that aren't equipped for today's world commerce. We've still got too many rail lines that are too slow and clogged up,” Obama said.