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Obama grows the drug war, with enforcement a clear priority

It was not long ago when President Barack Obama’s new drug czar, former Seattle police chief Gil Kerlikowske, swept into Washington, D.C. and declared the “drug war” a public policy relic. The Obama administration, he said, would move toward handling drug addiction as a medical problem, moving away from the…

Reuters pulls story claiming ‘backdoor’ Obama tax hikes

Reuters news service has pulled a story claiming that President Barack Obama’s budget would raise taxes on the middle class starting this year. The story made waves in conservative media circles after it was posted online on Monday afternoon, with the Drudge Report linking to it under the headline “Backdoor…

GOP rep. calls for cutting Social Security to those under 55

It was a moment of truth for a Texas Republican: Trying to outline how the Republican position for cutting government spending differs from that of President Barack Obama. His approach? Trim “entitlement programs” — otherwise known as Social Security spending. On Hardball Monday, Rep. Jeb Hensarling (R-TX) argued that to…

Rep. Obey: Pentagon, foreign aid not exempt from spending freeze

US foreign aid and military programs will be on the chopping block as the US Congress looks at ways to rein in the country’s soaring debt, a top lawmaker allied with President Barack Obama warned Monday. Obama, who presented his budget for the 2011 fiscal year that opens October 1,…

Obama to propose $3.8 trillion 2011 budget – report

WASHINGTON (Reuters) - President Barack Obama will unveil a $3.8 trillion (2.4 trillion pound) budget proposal on Monday for fiscal 2011, the New York Times reported on Saturday.…

Colorado officials: Stimulus funds create, save 7,200 jobs

DENVER (AP) — State officials say federal stimulus spending saved or created the equivalent of about 7,200 full-time jobs in Colorado the final three months of last year.…

After pledging to ‘reverse’ their spread, Obama increases nuclear weapons budget

“I have embraced the vision of John F. Kennedy and Ronald Reagan through a strategy that reverses the spread of [nuclear] weapons, and seeks a world without them,” President Barack Obama claimed during his first State of the Union speech. “To reduce our stockpiles and launchers, while ensuring our deterrent,…

Candidate Obama criticized McCain’s spending freeze idea as ‘hatchet’

WASHINGTON — President Obama, who plans to implement a three-year spending freeze on most domestic programs, criticized his Republican opponent John McCain in the 2008 presidential campaign for suggesting a similar plan during the debates. According to the New York Times, Obama’s intended freeze will “exempt security-related budgets for the…

Obama to seek three year domestic spending freeze

Facing voter anger over mounting budget deficits, President Barack Obama will ask Congress to freeze spending for some domestic programs for three years beginning in 2011, administration officials said Monday. Separately, Obama unveiled plans to help a middle class “under assault” pay its bills, save for retirement and care for…

Obama mulls ‘fee on banks’ to recoup bailout costs: reports

The Obama administration will “likely” propose a new fee or tax on banks in the federal budget to be tabled in February, several news sources reported Monday. The fee, which will be music to the ears of critics who opposed Washington’s $700-billion taxpayer-funded bailout of major investment banks and insurers…

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