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China vows to pursue balanced trade with U.S.

SHANGHAI — A top Chinese official on Sunday vowed Beijing would pursue more balanced trade with the United States, as the country’s Vice President Xi Jinping prepares for an official US visit. Xi, the country’s leader-in-waiting, is likely to face a barrage of complaints over China’s allegedly discriminatory trade policies…

Obama urges Congress to extend payroll tax cut

US President Barack Obama urged Congress Saturday to quickly pass an extension of the payroll tax cut to prevent a tax increase on 160 million Americans. “Now is not the time for self-inflicted wounds to our recovery,” Obama said in his weekly radio and Internet address. “Now is the time for common-sense…

Obama centers budget on tax hikes for the rich

(Note: The original AFP headline for this story bizarrely read, “Obama anchors budget on tax cuts for the rich.” Raw Story has corrected this.) US President Barack Obama will Monday roll out a populist election-year budget challenging Republicans to support his job creation drive and to finally agree to hike…

Poll: Voters back Obama as commander-in-chief

WASHINGTON — US President Barack Obama has overwhelming support from American voters for his use of drone strikes against terror suspects and his planned troop drawdown in Afghanistan, a poll found Wednesday. Obama, who signed off on the US special forces raid which killed Osama bin Laden last year, also…

In campaign u-turn, Obama embraces super PACS

In a key twist to the 2012 election, US President Barack Obama has reversed course and will encourage rich Democratic donors to back a fund that can raise unlimited millions for his reelection bid. Obama’s campaign manager Jim Messina said Obama would allow cabinet members and senior advisors to address big money events, reasoning that Democrats…

Obama to host dinner to honor Iraq sacrifices

WASHINGTON — US President Barack Obama and his wife Michelle will host a special White House dinner later this month to honor veterans of the Iraq war, two months after the last US troops left for home. The event will take place on February 29 and include servicemen and women…

Obama urges passage of mortgage relief

US President Barack Obama on Saturday urged Congress to approve his plan to provide relief to millions of homeowners who are having trouble paying mortgages. “In order to lower mortgage payments for millions of Americans, we need Congress to act,” Obama said in his weekly radio and Internet address. “They’re…

Obama admits mistakes ‘every hour’

LAS VEGAS, Nevada — US President Barack Obama admitted Thursday he second-guesses himself all the time and makes frequent mistakes but that experience had made him a better leader. Obama defended his economic policies vigorously in an interview with ABC News and argued that America would have been much worse…

Obama courts swing voters as polls tick up

LAS VEGAS, Nevada — Boosted by rising poll numbers, US President Barack Obama courted swing-state voters Thursday, after offering a disdainful critique of his potential Republican general election foes. Obama, driving home the theme of his State of the Union speech — a call for a fair economy to restore…

Obama denies Republican claims of ‘class warfare’

CEDAR RAPIDS, Iowa — US President Barack Obama Wednesday denied Republican claims he was waging class warfare as he set out to sell his call for tax hikes on the rich in states crucial to his reelection bid. Hours after his combative and populist State of the Union address, Obama…

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