Author Archives: doris

Romney on ‘poor’ comment: I misspoke

Full Story at PoliticalTicker.blogs.CNN.com (CNN) – One day after Mitt Romney took heat for a comment he made about the poor, the Republican presidential candidate characterized his remark as a “misstatement.” “I misspoke,” Romney said Thursday in an interview aired on KSNV, a CNN affiliate in Las Vegas. “When you do I don’t know how [...]

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Congress may OK short-term stimulus, but fiscal train wreck looms

Full Story at NBCPoliticsmsnbc.msn.com The signs look hopeful for a short-term accord in Congress on extending the payroll tax cut and unemployment benefits. But right after Election Day, a lame-duck Congress will face a horrific fiscal train wreck: sharp tax increases, combined with automatic spending cuts — and scanty reserves of political goodwill to help [...]

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Obama proposes $5-10 billion for home refinancing

Full Story at NBCPoliticsmsnbc.msn.com President Barack Obama on Wednesday called on Congress to approve a $5 billion to $10 billion effort to help U.S. homeowners refinance as part of a wider package of proposals to shore up the depressed housing market. Obama had sketched out the proposals in his State of the Union address last [...]

Posted in Family, Government, Money, Mortgage, Presidental | Leave a comment

Obama hosts Google ‘hangout’

Full Story at CNN.com Washington (CNN) — While reaching out to supporters through one of the latest high-tech means, President Obama expanded his social media experience by holding a Google+ video chat room interview Monday afternoon. In an election year, it’s probably not good politics to talk about what you look forward to doing after [...]

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Obama’s tax record

Full Story at money.cnn.com NEW YORK (CNNMoney) — Republicans portray President Obama as the tax-hiker-in-chief. Obama portrays himself as a tax cutter for the masses but not the rich. The truth isn’t so cut and dry. The fact is, the president’s record on taxes is a mixed bag. In three-plus years in office, Obama has [...]

Posted in Government, IRS, Presidental, Tax | Leave a comment

Senate rejects attempt to prevent debt ceiling hike

Full Story at CNN.com WASHINGTON (CNN) — The Democratic-controlled U.S. Senate on Thursday rejected a measure that would have prevented a $1.2 trillion increase in the debt ceiling, putting an end to legislative debate on the politically contentious issue until after the November presidential election. A procedural motion to move forward with the bill was [...]

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Santorum cancels events to be with sick daughter

Full Story at NBCPoliticsmsnbc.msn.com Updated at 1 a.m. ET: WEST PALM BEACH, Fla. — Republican presidential hopeful Rick Santorum canceled his Sunday morning campaign events and planned to spend time with his hospitalized daughter. “Rick and his wife Karen are admitting their daughter Bella to Children’s Hospital of Philadelphia this evening,” spokesman Hogan Gidley said [...]

Posted in Cancels, Candidates, Children, hospital | Leave a comment

Obama unveils plan to control college costs

Full Story at CNN.com (CNN) — President Barack Obama unveiled a new college affordability plan Friday, proposing to further expand student financial aid while providing more assistance to schools that hold tuition down and cutting aid to those that do not. The plan is part of a populist White House pitch to middle class families [...]

Posted in College, Federal, Money, Presidental, Spending | Leave a comment

Obama’s 30% millionaire tax

Full Story at moneh.cnn.com NEW YORK (CNNMoney) — President Obama this week defined what he believes should be the minimum “fair share” for millionaires and billionaires to pay in taxes. His answer: At least 30% of their income. “If you make more than $1 million a year, you should not pay less than 30% in [...]

Posted in IRS, Presidental, State Of The Union, Tax | Leave a comment

Obama pushes campaign themes in Arizona and Iowa

Full Story at CNN.com (CNN) — President Barack Obama on Wednesday launched a three-day visit to five battleground states in the November election by pressing State of the Union themes of core American values and having the wealthy pay more taxes. At an Iowa manufacturing plant that he said represented the kind of job creation [...]

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Obama: Debt ceiling fight contributed to poor economy

Full Story at FirstRead.msnbc.msn.com President Obama railed against dysfunction on Capitol Hill during his State of the Union address, blaming gridlock in Washington for the economy’s sluggish performance in the past year. The president demanded a series of reforms intended to address the poor function of Congress, which played out in a series of battles [...]

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Secret tapes of JFK’s last days released

Full Story at usnews.msnbc.msn.com BOSTON — President John F. Kennedy’s library is releasing 45 hours of privately recorded meetings and phone calls, providing a window into the final months of his life. The tapes include discussions of conflict in Vietnam, Soviet relations and the race to space, plans for the 1964 Democratic Convention and re-election [...]

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