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WATCH LIVE: Obama delivers statement

President Barack Obama is scheduled to deliver a statement from the White House Rose Garden at 12:25 p.m. ET. Watch live video, courtesy of NBC News, below:…

Obama presses Republicans on jobs for veterans

WASHINGTON — US President Barack Obama pressed Congress on Monday to ditch blocking tactics and take bold action to boost hiring, using the emotive plight of unemployed war heroes to push an aspect of his jobs plan. The US commander-in-chief, surrounded by veterans in the White House Rose Garden, called…

Obama to call for $3 trillion in deficit savings

President Barack Obama will Monday call for new deficit cuts of $3.0 trillion but warn Republicans he will veto any bill that trims healthcare for the elderly without hiking taxes on the rich. In a speech in the White House Rose Garden, Obama will ignite a new clash with political…

Obama to propose ‘Buffett tax’ on millionaires

WASHINGTON (Reuters) – President Barack Obama, in a populist gesture designed to appeal to voters, will propose a “Buffett Tax” on people making more than $1 million a year as part of his deficit recommendations to Congress on Monday. Such a proposal, among suggestions to a congressional Super Committee expected…

WATCH LIVE: Obama calls on Congress to pass jobs plan

President Barack Obama was scheduled to speak in the White House Rose Garden Monday. The event was expected to begin at 10:40 a.m. ET. Watch this live video from The White House, broadcast Sept. 12, 2011. JOIN THE LIVE CHAT VISIT WHITEHOUSE.GOV…

Obama seals U.S. austerity bill, but markets anxious

The US debt mountain undermined financial markets Wednesday despite President Barack Obama signing a major austerity bill which raises the borrowing ceiling and averts default. Credit rating agencies said they were still keeping a watchful eye on the ability of the United States to cope with its debt. Global stocks…

Attorney General: Criminal probe of Gulf oil spill began ‘some weeks ago’

Update: Obama promises criminal probe into Deepwater Horizon disaster Calling for a “full and vigorous accounting” of the facts, President Obama demanded Tuesday that the ongoing probe into the Deepwater Horizon disaster keep open to the possibility of criminal charges. “They have my full support to follow the facts wherever…

Obama plan would see vehicle emissions cut by half over next 20 years

President Barack Obama on Friday mandated a new national policy on cutting greenhouse gas emissions and increasing fuel efficiency for pollution-spewing trucks. Obama signed a memorandum which also expanded his effort to make cars more environmentally friendly, and stipulated new efforts to develop advanced vehicles, including electric cars, the White…

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