President Barack Obama | www.president-obama.org

Administration Stops Short of Endorsing Climate Bill

Thursday, April 23rd, 2009

WASHINGTON — Obama administration officials said Wednesday that an ambitious energy and climate-change proposal sponsored by House Democrats could help create jobs and reduce greenhouse gas emissions, but they stopped short of endorsing it.

Obama’s Budget Cuts

Tuesday, April 21st, 2009

The president ordered $100 million in administrative budget cuts to help close what he called a "confidence gap" with Americans. Many Republicans think he needs to do better.

Obama: Like families, govt to make hard choices

Saturday, April 18th, 2009

WASHINGTON (AP) — Families are making tough decisions about their money and so too will their government, President Barack Obama said Saturday, promising that spending cuts are coming — and soon.

Obamas declare earnings of $2.66m

Thursday, April 16th, 2009

US President Barack Obama and his wife Michelle earned $2.66m (£1.78m) in 2008, according to annual tax returns released by the White House.

Obama’s tax day promise: Incomes taxes will get simpler

Wednesday, April 15th, 2009

The president says tax relief he pushed for is having a positive effect and pledges to simplify a 'monstrous' code. His message targeted Republican foes in Congress as well as taxpayers.

Obama Sees More Pain Now but Hope Later on Economy

Tuesday, April 14th, 2009

WASHINGTON — President Obama said on Tuesday that the battered economy was showing signs of recovery, but he warned Americans that more pain lies ahead and urged them to help build a foundation for a new, 21st century prosperity.

On Economy, Obama Walks a Fine Line

Friday, April 10th, 2009

President Obama said Thursday that he saw "good news" in the housing market. And why shouldn't he? Housing starts went up in February, with new stats due next week. Wells Fargo is making money hand over fist, giving hope that the financial sector is turning around. Stocks have risen more ...

Obama Highlights Housing Programs’ Progress

Thursday, April 9th, 2009

President Obama touted his administration's efforts to lower mortgage rates today in a roundtable discussion with Washington area homeowners who have benefited from refinancing into more affordable loans.

Pentagon Budget to Reflect New Priorities

Monday, April 6th, 2009

WASHINGTON — Defense Secretary Robert M. Gates is expected to announce a far-reaching overhaul of the Pentagon’s budget on Monday, including likely cuts in missile defense programs, in the Army’s expensive Future Combat Systems and in Navy shipbuilding.

Hedge fund paid Obama adviser Summers $5.2 million

Monday, April 6th, 2009

WASHINGTON (Reuters) - Lawrence Summers, a top economic adviser to U.S. President Barack Obama, was paid about $5.2 million (3.48 million pounds) by hedge fund D.E. Shaw in the past year, financial disclosure forms released by the White House showed on Friday.