Alarmed by rising deficit predictions, Congressional Democrats prepared Tuesday to pare spending in President Obama's budget and limit some middle-cla...
Wall Street Journal | JOHN D. MCKINNON and MARTIN VAUGHAN | Posted 04.05.2009 | Business
WASHINGTON -- President Barack Obama is meeting strong Democratic Party resistance to his proposal to reduce tax deductions enjoyed by upper-income Am...
AP | STEPHEN OHLEMACHER | Posted 04.04.2009 | Politics
WASHINGTON — President Barack Obama's proposal to limit itemized tax deductions for high earners is running into opposition from key Democrats i...
AP | LIZ SIDOTI | Posted 03.24.2009 | Politics
WASHINGTON — The notoriously slow Congress passed the $787 billion economic stimulus package in a matter of weeks. President Barack Obama signed...
AP | STEPHEN OHLEMACHER | Posted 02.09.2009 | Politics
WASHINGTON — President-elect Barack Obama's proposed tax cuts ran into opposition Thursday from senators in his own party who said they wouldn't...
HuffingtonPost.com | Ryan Grim | Posted 02.09.2009 | Politics
Speaker Nancy Pelosi told reporters Thursday that she wants to see the Bush-era tax cuts for the wealthy repealed "as early as possible." The call fo...
The Huffington Post | Rachel Weiner | Posted 02.05.2009 | Politics
In a blog post, economist Paul Krugman worries that President-elect Barack Obama is relying too much on tax cuts in his stimulus plan in an effort to ...
AP | JESSE J. HOLLAND | Posted 01.28.2009 | Politics
WASHINGTON — A top adviser to President-elect Barack Obama said Sunday that the country's slowing economy won't keep the new administration from...
HuffingtonPost.com | Jason Linkins | Posted 11.15.2008 | Politics
I guess Barack Obama is aware that his smack at Fox News is an out-of-the-bag cat, because tonight, he got a little quippy. Pressing John McCain on hi...
Washington Post | Posted 09.10.2008 | Politics
On the campaign trail, Sen. Barack Obama bashes President Bush for "reckless" economic policies that are "mortgaging our children's future on a mounta...
New York Times | DAVID M. HERSZENHORN and CARL HULSE | Posted 04.25.2009 | Politics