Obama picks fight on taxes, big or just symbolic
KING5 Seattle Fri, 01 Jul 2011 01:06 AM PDT
WASHINGTON (AP) รข€" President Barack Obama is renewing an old fight with the business community by insisting that $400 billion in tax increases be part of a deficit-reduction package. His proposals have languished on Capitol Hill, repeatedly blocked by Republicans, often with help from Democrats. |
Recession-era rom-com hard to dislike
The Philadelphia Inquirer Fri, 01 Jul 2011 01:05 AM PDT
Leave it to Tom Hanks to get us through these dire economic times. Better than Michele Bachmann or Rand Paul, President Obama or Ben Bernanke, the man who won an Oscar for playing the fleet-footed simpleton Forrest Gump has figured out how to cope with unemployment, underwater mortgages, and rocketing prices at the pump. |
Geithner Says He'll Stay For 'Foreseeable Future'
NPR Fri, 01 Jul 2011 01:03 AM PDT
Treasury Secretary Timothy Geithner said Thursday he'll stay in his job for the "foreseeable future," addressing speculation he might leave the Obama administration following the current round of budget negotiations. |
Geithner weighs leaving Treasury
The News Journal Fri, 01 Jul 2011 01:00 AM PDT
Treasury Secretary Timothy Geithner, an architect of the Obama administration's economic strategy, has told the president that he may seek as soon as this summer to resign, according to people familiar with the matter. |
Federal jobless tax for employers expires
The Tennessean Fri, 01 Jul 2011 00:53 AM PDT
The expiration of a 35-year-old "temporary" unemployment tax (about $14 a year per worker) will mean real money for some big companies at a time when President Barack Obama is pushing Congress to raise taxes on businesses by closing some loopholes. |
Obama to face questions in his first Twitter Town Hall
Business Standard India Fri, 01 Jul 2011 00:50 AM PDT
Barack Obama would next week host his first ever Twitter town hall, one of his global online outreach programmes that would enable people across the globe to ask questions directly to the US President. |
End of jobless tax from 1976 is a lift for big employers
The Philadelphia Inquirer Fri, 01 Jul 2011 00:50 AM PDT
WASHINGTON - Virtually every private employer in the country will get a tax cut on Friday. It won't affect workers' paychecks. But the expiration of a 35-year-old "temporary" unemployment tax - about $14 a year per worker - will mean real money for some big companies as President Obama pushes Congress to raise taxes on businesses by closing some loopholes. |
Geithner may quit US administration in August
Business Standard India Fri, 01 Jul 2011 00:49 AM PDT
US Treasury Secretary Timothy Geithner, who has been among President Barack Obama's trusted aides, has informed the White House about his plans to resign in August, media reports said today. But Geithner himself insisted he planned to stay "for the foreseeable future". |
Clout: Is Pa. more bird in a mine than battleground state for Obama & foes?
Philly.com Fri, 01 Jul 2011 00:44 AM PDT
PRESIDENTIAL elections are loaded with warfare analogies. So Pennsylvania is often referred to as a "battleground state." We got a preview of that fight yesterday when President Obama and former Massachusetts Gov. Mitt Romney visited Philadelphia to raise cash and schmooze voters. |
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