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WASHINGTON: President Barack Obama on Monday dismissed an unprecedented downgrade in America's credit rating, insisting investors will stand by the United States even as stock markets plunged. Obama said Washington can fix its ills by showing more political will.
WASHINGTON: President Barack Obama said Monday he does not care that the U.S. recession has been declared over by a group of economists. For the millions of Americans who are out of work or otherwise struggling, he said, it's still very real for them.
WASHINGTON: Preparing for political life after a bruising election, President Barack Obama will put greater emphasis on fiscal discipline, a nod to a nation sick of spending and to a Congress poised to become more Republican, conservative and determined to stop him.
WASHINGTON (AP) - Determined to change the way the world views the United States, Barack Obama is onto his next foreign mission: rebuilding relations with Russia, proving to global leaders that America is serious about climate change, and outlining his vision for Africa, his father's birthplace.
WASHINGTON: President Barack Obama urged Congress to enact sweeping health care legislation Wednesday night, declaring the time for bickering is over and the moment has arrived to help millions who have insurance and many more without it.
President Barack Obama's budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush's presidency, congressional auditors said Friday.
DETROIT (AP) - President Barack Obama used a boisterous Labor Day rally on Monday to put congressional Republicans on the spot, challenging them to place the country's interests above all else and vote to create jobs and put the economy back on a path toward growth. Show us what you've got, he said.
WASHINGTON: President Barack Obama said Tuesday he worries that a Greek default on its debt could have disastrous implications for the U.S. economy. Speaking in a news conference with German Chancellor Angela Merkel, Obama said that Germany and other European countries needed to act together to help Greece stabilize its economy.