The White House says President Barack Obama’s wife, Michelle Obama, will attend the funeral of former first lady Betty Ford, who died Friday at the age of 93. Mrs. Ford’s funeral is scheduled for Tuesday at a church in Palm Desert, California. Following the service her remains will be flown to Michigan for a public […]
US First Lady to Attend Betty Ford’s Funeral
Posted July 11th, 2011 at 1:25 pm (UTC-5)
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Obama: Debt Agreement Will Be Reached by Aug. 2
Posted July 11th, 2011 at 12:05 pm (UTC-5)
President Obama says he and congressional leaders will reach an agreement on the debt and deficit by the August 2 deadline. He says after the agreement is reached, the United States will be in the position to make the kind of investments necessary to put the economy back on the right track and win the […]
Obama Says Economy, Jobs Biggest Priorities
Posted July 11th, 2011 at 11:50 am (UTC-5)
US President Barack Obama says the biggest priority of his administration is putting the economy back on track and getting people back to work. The U.S. Labor Department reported Friday that the nation’s unemployment rate had increased to 9.2 percent. The report indicated that the number of new jobs being created was slowing. At the […]
Obama: Failure to Reach Compromise Could Trigger Recession
Posted July 11th, 2011 at 11:40 am (UTC-5)
President Obama says congressional leaders from both political parties will have to compromise in order to reach agreement on the debt and deficit. Mr. Obama says he is prepared to take on significant criticism from his Democratic Party to reach an agreement. But he says he does not see a path to a deal if […]
Obama: Daily Meetings Until Debt-Deficit Agreement
Posted July 11th, 2011 at 11:25 am (UTC-5)
President Barack Obama says meetings with Congress will happen “every single day” until an agreement is reached on the debt and deficit. At a White House news conference Monday, the president said congressional leaders agree that it is not acceptable to allow the United States to default on its debt by not raising the debt […]
Obama: Congress Must Take Steps to Meet Fiscal Challenges
Posted July 9th, 2011 at 5:35 am (UTC-5)
U.S. President Barack Obama says congressional Democrats and Republicans need to step out of their “comfort zones” and make the political sacrifices to meet the nation’s fiscal challenges. During his weekly address Saturday, Mr. Obama said they will be working Sunday to reach an agreement on how to lower the huge deficit. Mr. Obama says […]
President Obama Hosts Twitter Discussion on Economy
Posted July 6th, 2011 at 3:15 pm (UTC-5)
U.S. President Barack Obama says he takes responsibility for the fact that Americans may not have been prepared for how long it would take to recover from the financial crisis. The president spoke Wednesday at a “town hall” session featuring questions from users of the social networking site Twitter. In response to a question on […]
President Obama to Host Twitter Discussion on Economy
Posted July 6th, 2011 at 3:10 am (UTC-5)
U.S. President Barack Obama plans to answer questions from users of the social networking site Twitter in an online discussion on Wednesday. The White House says the “town hall” session will focus on the U.S. economy and jobs. Twitter users were encouraged last week to begin asking questions via Twitter messages tagged with the #AskObama […]
