President Barack Obama has given a rousing election-year endorsement of the government’s $80 billion bailout that rescued the once-faltering U.S. auto industry. Mr. Obama saluted a convention of unionized autoworkers in Washington Tuesday. He said they make him proud even as Republican presidential contenders seeking to win their party’s nomination to run against him in […]
In Full Campaign Voice, Obama Praises Auto Industry Bailout
Obama Urges States to Invest in Education
U.S. President Barack Obama is urging states to invest more in education, saying it is the key to making America competitive globally. At the White House Monday, Mr. Obama said that no issue will have a bigger impact on the performance of the economy than education. The president spoke to state governors who have been […]
Chinese Flock to Obama Website
Hundreds of Chinese have flooded U.S. President Barack Obama’s Google-plus page with messages, after China seemingly unblocked the social networking service. Google-plus has not been available in China since it was launched last year, apparently blocked by the communist nation’s strict censorship system. But in the past few days, access has been available, either because […]
Obama Pushing for Corporate Tax Reform
U.S. President Barack Obama aims to cut the country’s corporate tax rate from 35 to 28 percent, while eliminating dozens of tax-saving deductions American companies now enjoy. Treasury Secretary Timothy Geithner unveiled the tax overhaul Wednesday, two days before a tax proposal being offered by one-time venture capitalist Mitt Romney. He is one of the […]
Obama Pushing for Corporate Tax Reform
U.S. President Barack Obama aims to cut the country’s corporate tax rate from 35 to 28 percent, while eliminating dozens of tax-saving deductions American companies now enjoy. Treasury Secretary Timothy Geithner unveiled the tax overhaul Wednesday, two days before a tax proposal being offered by one-time venture capitalist Mitt Romney. He is one of the […]
Obama to Push for Corporate Tax Reform
U.S. President Barack Obama is looking to cut the country’s corporate tax rate from 35 to 28 percent, while eliminating dozens of tax-saving loopholes American companies now enjoy. Treasury Secretary Timothy Geithner is to unveil the tax overhaul, two days before a tax proposal being offered by one-time venture capitalist Mitt Romney. He is one […]
Obama Celebrates Blues Music at White House Concert
U.S. President Barack Obama got another chance to show off his musical skills at the White House Tuesday night. “Come on…baby don’t you want to go? Come on…baby don’t you want to go? Same old place…Sweet Home Chicago!” The president traded lyrics with the legendary B.B.King on the blues classic dedicated to Mr. Obama’s adopted […]
Obama: Congress Must Do More For Economy, Avoid Gridlock
U.S. President Barack Obama has praised Congress for extending a payroll tax cut, but says more needs to be done to help struggling and middle-class Americans. In Washington, Mr. Obama said the average working American saves $40 a paycheck with the tax cut. He said that money is a “big deal” for the typical family […]
Obama Urges Congress to Reward Job-Creating Manufacturers
U.S. President Barack Obama says the transformation in American manufacturing has cost some people jobs, but he says Americans do not have to settle for a “lesser future.” The president says Congress should reform the tax code and reward manufacturers keeping jobs at home. During Saturday’s weekly address from a Boeing manufacturing plant in Seattle, […]
Obama Calls for Streamlined US Export Financing
U.S. President Barack Obama says he is ordering the country’s export credit agency to boost the financing of American products in a new bid to cut the country’s chronic foreign trade deficit. President Obama spoke Friday in a Boeing airport hangar in Washington alongside the aircraft manufacturer’s new Dreamliner jet. He said the country’s Export-Import […]