President Obama

Read the latest post-presidency news about President Barack Obama on Newser.com

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Bill Clinton Gives His Blessing to Obama's Tax Deal

... And he seemed to enjoy his place back at the podium

(Newser) - President Obama got a strong show of support for his tax deal today from Bill Clinton, a move that could help sway recalcitrant Democrats, reports the Washington Post . The two men had a private meeting, then emerged to meet the press in an unusual way: Obama turned over the podium...

Relations Between Schumer, Obama Turn Frosty
Relations Between Schumer,
Obama Turn Frosty
analysis
Dec 10, 2010 4:12 PM CST

Relations Between Schumer, Obama Turn Frosty

President's rebuff of senator's tax proposal didn't help

(Newser) - Politico rounds up a host of anonymous sources to paint a picture of strained relations between Chuck Schumer and Barack Obama, with members of both camps working to smooth things over. It's especially nettlesome for Democrats given Schumer's elevated role in the Senate and with the party overall. He...

Tax Deal Offers GOP 'Hostages' for 2012
Tax Deal Offers GOP 'Hostages' for 2012
paul krugman
Dec 10, 2010 12:10 PM CST

Tax Deal Offers GOP 'Hostages' for 2012

Krugman: Democrats will need to make more deals in election year

(Newser) - President Obama may have rescued some tax “hostages” from the GOP—the unemployed, for example—but in the process, he set up another hostage situation down the road, writes Paul Krugman in the New York Times . The "not-so-bad stuff” in the tax deal “expires at the end...

Obama Off the Cigs: White House
Obama Off the Cigs:
White House
Dec 10, 2010 10:26 AM CST

Obama Off the Cigs: White House

Healthy president hasn't lit up for 9 months

(Newser) - Despite taxes, treaties, and other stresses, President Obama appears not to have smoked a cigarette in 9 months, the White House says. “I've not seen or witnessed evidence of any smoking” in that time, said press secretary Robert Gibbs. “Even where he might have once found some comfort...

Obama Mulls Tax Code Overhaul: Cut Breaks, Rates

Move would be attempt to address national debt

(Newser) - The Obama administration is investigating sweeping income tax code reform as a means of shrinking the deficit, the New York Times reports. President Obama has called on advisers to look into cleaning up the income tax code, ridding it of complexities and loopholes to make it more straightforward for both...

Jon Stewart: We're Really Starting to Annoy Obama

President gets riled up at press conference

(Newser) - President Obama’s fed up—not just with Republicans, but with his base, too, noted Jon Stewart on last night’s Daily Show . "If he sticks with his agenda, it's a problem; if he moves off his agenda, it's a problem. Look at the president," said Stewart. "...

House Democrats Reject Tax Plan, Want Changes

Caucus sends a signal to the White House

(Newser) - House Democrats voted today to reject President Obama's tax deal with Republicans in its current form, but it was unclear how significantly the package might need to be changed. By voice vote in a closed caucus meeting, Democrats passed a resolution saying the tax package should not come to the...

Obama's Tax Deal Really a 'Stealth Stimulus'

But it'll only work if consumers will spend the money

(Newser) - The tax cut deal President Obama struck with Republicans is likely to give a real jolt to the economy, economists tell the Wall Street Journal , which calls the deal “a second, stealth stimulus package.” While the tax cuts themselves may not boost growth much, the extension of unemployment...

Surprise! Taxes Will Actually Go Up for the Poor

But for the rich, it's a great deal

(Newser) - This tax cut deal President Obama struck with Republicans is awesome—as long as you’re among the wealthiest Americans. At least a quarter of the tax savings will go to the top 1%, the New York Times points out, in a piece headlined “Tax Package Will Aid Nearly...

Obama Defends Tax Deal as Necessary for Middle Class
Defiant Obama Defends
His Tax Deal
Dec 7, 2010 1:46 PM CST

Defiant Obama Defends His Tax Deal

This is about 'real money for real people'

(Newser) - With his tax-cut compromise catching heavy flak from within his own party, President Obama today sought to make the case that he had no choice. "My job is to do what's right for the American people," he said at an afternoon news conference. He stressed that "middle-class...

Why Obama Struck His Tax Cut Bargain
Why Obama Struck
His Tax Cut Bargain
Opinion Roundup
Dec 7, 2010 10:19 AM CST

Why Obama Struck His Tax Cut Bargain

He wanted more stimulus, and this is the best he could get

(Newser) - Barack Obama's decision to extend the Bush tax cuts has got pundits talking and liberals frothing. Here's what they're saying:
  • This might look like a “classic Washington giveaway,” but “at the White House, where there is much anxiety about the staggering performance of the economy, this is
...

So What Exactly Is in the Tax Deal?

Republicans, Obama agree to payroll tax holiday, middle class breaks

(Newser) - The tax cut deal President Obama struck with Republicans yesterday is far more sweeping than lawmakers on either side of the aisle were expecting, and aside from extending the Bush tax cuts across the board, here's the lowdown, as per the Washington Post:
  • Inheritance tax: After a year's lapse, individual
...

Obama, GOP Cut Deal, Extend All Tax Cuts
Obama, GOP Cut Deal,
Extend All Tax Cuts
UPDATED
Dec 6, 2010 6:18 PM CST

Obama, GOP Cut Deal, Extend All Tax Cuts

President tacks on jobless benefits, 1-year Social Security tax reduction

(Newser) - Brushing past Democratic opposition, President Obama tonight announced agreement with Republicans to extend expiring tax cuts for all Americans, renew jobless benefits, and grant a one-year reduction in Social Security taxes for millions. The agreement also includes tax breaks for businesses that the president said would contribute to the economy's...

Obama Signals Compromise on Bush Tax Cuts

President looks ready to extend all in order to spare middle class

(Newser) - Faced with the prospect of no deal on the Bush tax cuts resulting in a middle-class tax hike on Jan. 1, President Obama is signaling a willingness to extend them across the board, reports USA Today. "We've got to find consensus here even if it's not 100% of what...

Paul Krugman: Obama Must Say No to 'Tax Cut Blackmail'
Obama Must Say No to
'Tax Cut Blackmail'
paul krugman
Dec 6, 2010 12:30 PM CST

Obama Must Say No to 'Tax Cut Blackmail'

GOP closer to making 'irresponsible' cuts permanent: Paul Krugman

(Newser) - It’s time for President Obama to stand up against a GOP that wants to extend “obviously irresponsible” tax cuts for the wealthiest Americans, writes Paul Krugman in the New York Times . Keep in mind the big picture: Republicans want to make these cuts permanent, and if they agree...

Winfrey, McCartney Among Kennedy Center Honorees

Merle Haggard, Jerry Herman, Bill T. Jones also feted

(Newser) - Oprah Winfrey and Paul McCartney were among the latest group of celebs to receive Kennedy Center Honors in a star-filled night that included tributes from Julia Roberts and John Travolta, among others. Merle Haggard, Broadway composer Jerry Herman, and dancer Bill T. Jones were also honored, as they sat with...

DADT Repeal or No, Military Discharges Drop Off

Top-level approval required under Obama

(Newser) - Despite the continued reign of Don’t Ask, Don’t Tell, the military has lately been discharging far fewer people under the rule, the Los Angeles Times reports. Thanks largely to changes in enforcement under President Obama, the number of discharges has fallen off this year after a continuous decline...

Hey Obama: Where's Your Backbone?
 Hey Obama: 
 Where's Your 
 Backbone? 
frank rich
Dec 5, 2010 5:45 AM CST

Hey Obama: Where's Your Backbone?

'Weightless' president must stop trying to please GOP

(Newser) - It’s like he has Stockholm Syndrome: instead of standing up for his beliefs, Obama keeps trying to please his Republican captors, seeing their “good side” while they take advantage of him, writes Frank Rich in the New York Times . “A chief executive who repeatedly presents himself as...

Obama Pardons 9, Including 'Coin Mutilator'

They're the first pardons (of humans) in his presidency

(Newser) - Proving his mercy isn’t limited to Thanksgiving turkeys, President Obama exercised his pardon power for the first time today to erase the criminal pasts of nine individuals convicted of various crimes, some dating as far back as the 1960s. The most unusual case appeared to be that of a...

Obama to Troops: You're Winning

President thanks service members during surprise Afghanistan trip

(Newser) - President Obama capped his surprise visit to Afghanistan by delivering words of encouragement to US troops at the Bagram base north of Kabul, Bloomberg reports. “You are protecting your country, you’re achieving your objectives, you will succeed in your mission,” Obama said. “We said we were...

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