Topic: Barack Obama
Forget the current estimates, the deficits are going to be much, much worse. Just a few days after Senator Jim Bunning was labeled a “lunatic” for trying to enforce the recently enact Pay-As-You-Go laws, the Congressional Budget Office (CBO) released its analysis of the Obama Administration’s federal budget proposal. The CBO forecast the massive ...
WASHINGTON (Reuters) - President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen to be vice chairman of the central bank, a source familiar with the process said on Thursday. Yellen, reached by telephone, declined to comment. Neither the U.S. Treasury Department nor the White House were immediately available for comment. Yellen, considered one of the ...
President Barack Obama on Thursday assured immigration advocates frustrated by the wait for a promised overhaul of U.S. immigration laws that he remains committed to fixing a system he has said is broken. What remains unclear is whether Congress will send him a bill this year. Obama also ...
