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Obama’s 2015 budget will seek $60 billion tax credit by closing ‘Gingrich loophole’

By Mark Felsenthal and Jeff Mason WASHINGTON (Reuters) – President Barack Obama will strike a firmly populist tone in his 2015 budget plan on Tuesday, proposing to pay for an expansion of a popular tax credit for the working poor by eliminating tax breaks claimed by wealthy Americans. The proposal…

Obama to campaign for minimum wage increase in face of Republican opposition

President Barack Obama will take his campaign to increase the minimum wage on the road in the coming week in an effort to build pressure on Republicans who oppose the raise. Obama will appear on Wednesday in New Bristol, Connecticut alongside four New England governors to make the case, the…

Ukraine mobilizes following Putin’s ‘declaration of war’

By Natalia Zinets and Alissa de Carbonnel KIEV/BALACLAVA, Ukraine (Reuters) – Ukraine mobilized for war on Sunday and Washington threatened to isolate Russia economically after President Vladimir Putin declared he had the right to invade his neighbor in Moscow’s biggest confrontation with the West since the Cold War. “This is…

WATCH LIVE: Obama addresses Ukrainian situation

President Barack Obama will address the recent developments concerning Russian troops’ apparent incursion into Crimea on Friday. Watch on this live stream from the Associated Press below. Live streaming video by Ustream Steal this story ... LEGALLY…

Insurers increase medical costs for chronically ill people despite Obamacare’s reforms

By David Morgan WASHINGTON (Reuters) – President Barack Obama’s ban on discriminatory health insurance practices against the sick has not stopped insurers from increasing up-front charges for the expensive drugs needed to control chronic illnesses from leukemia to multiple sclerosis. Actuarial studies of plans sold through health insurance marketplaces in…

Obama, tech firms to announce $400 million software donations to U.S. schools

WASHINGTON (Reuters) – President Barack Obama is set to announce on Friday that private companies have donated more than $400 million worth of software and software licenses to bring more technology to classrooms. Adobe Systems, the San Jose-based software company, will make over $300 million of software available to students…

Attorney General Eric Holder hospitalized and in good condition

WASHINGTON (Reuters) – U.S. Attorney General Eric Holder was in good condition after being taken to a Washington, D.C., hospital on Thursday for feeling faint and short of breath during a morning meeting with his staff, his office said. “He is currently resting comfortably and in good condition. He is…

Voter warns Mary Landrieu on Obama: ‘I don’t vote for black people… They got their place’

An article published by NPR on Tuesday indicated that Sen. Mary Landrieu’s (D-LA) tough re-election battle in Louisiana could be less about her vote for health care reform, and more about her decision to support the country’s first black president. For weeks, groups like Koch brothers-funded Americans for Prosperity have…

Obama to Afghan president: U.S. considering complete troop withdrawal

President Barack Obama told his Afghan counterpart Hamid Karzai on Tuesday he is now planning a full US troop withdrawal, but did not rule out a deal on a post-2014 mission with the next Kabul government. Obama told Karzai by telephone that, since the Afghan leader had refused to sign…

Ted Nugent: Obama using health care reform and IRS to start a race war, just like the Nazis

Rocker-turned-conservative activist Ted Nugent declined multiple invitations Monday by talk show host Dennis Miller to back away from his comparisons of the Obama administration to Nazi Germany. Nugent offered a non-apology last week for his widely condemned comments referring to President Barack Obama as a “subhuman mongrel.” Miller said Obama…

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