WASHINGTON -- Timothy Geithner didn't pay Social Security and Medicare taxes for several years while he worked for the International Monetary Fund, and he employed an immigrant housekeeper who briefly lacked proper work papers.
""It generally does not protect people like Bush," Turley explained. "You really can't go out and get radical or extreme lawyers, like John Yoo and Viet Dinh, and get them to enable you to do things that you know is a war crim
Bolten, joined by incoming White House Chief of Staff Rahm Emanuel, was leading the exercise: a series of hypothetical terrorist attacks on “numerous American cities” that wipe out roads, bridges and other transportation arteries, according to White
To close a gap of more than $2 trillion — possibly a lot more, if the budget office projections turn out to be too optimistic — Mr. Obama offers a $775 billion plan. And that’s not enough.
President-elect Barack Obama said Saturday an analysis of his stimulus proposals shows that between 3 million and 4 million U.S. jobs could be saved or created by 2010, nearly 90 percent of them in the private sector.
Throughout the 2008 campaign, candidate Barack Obama insisted he was running not to empower himself, but instead to empower ordinary citizens like you and me. Sadly, he failed his first test.
He’s talking about printing a bunch of money and just spending it because government—I heard Obama talk about all the things that government is going to give us. The government is broke. The government can’t give us anything it doesn’t take
Obama has banned corporations and big donors from funding his Jan. 20 inauguration. But 90% of donations received so far have been raised by well-heeled fund-raisers, including Wall Street executives whose companies have received billions of dollars
[change] Barack Obama has picked John O. Brennan as his top adviser on counterterrorism, that will give the CIA veteran a powerful voice on the government's use of security contractors and on other sensitive issues in which he recently has played
[change] President-elect Barack Obama yesterday announced his picks for four senior defense officials, including two who served as top Pentagon budget officials under President Bill Clinton.
"I'm motivated ... by a strong belief that the gravest danger facing our nation today is a terror group detonating a nuclear bomb in one of our cities," Perry said.
"But I'm always leery when people start thinking too much of politics and not (economics). . . . Giving everybody a little bit of money. I don't know that will have a stimulative effect." Republicans are a tougher sell, even with Ob
Obama also confirmed that he plans to lay out a roughly $775 billion economic stimulus plan on Thursday but indicated that the amount could grow once it gets taken up by Congress.
Before the hoped-for day of deliverance on January 20 at high noon, there is a two-month transition period. The dark night of the incumbent Administration is expected to recede in the brightness of a new dawn. (Not)
Obama made the pledge but provided few details as he named Nancy Killefer as his administration's chief performance officer, creating a new White House position aimed at eliminating government waste and improving efficiency.
That estimate doesn't include the cost of President-elect Barack Obama's pending economic stimulus package, which will likely add at least $750 billion to the total over the next two years.
Vice-president-elect Joe Biden likened the country’s economic crisis to the attacks of 9/11 Monday in a private meeting on Capitol Hill.
“We’re at war,” Biden told congressional leaders of both parties during their sit-down with Barack Obama in th
[change] As president-elect, one of Obama's first tech-related decisions has been to select the Recording Industry Association of America's favorite lawyer to be the third in command at the Justice Department. And Obama's pick as deputy a
President-elect Obama proposes over $300 million in tax cuts but also proposes massive spending increases. Schemes such as this don't reduce the tax burden; they just shift it from direct taxation to the indirect tax of inflation.
Barak Obama’s chief of staff Rahm Emanuel discusses his book The Plan in which he outlines a mandatory civil service requirement for all Americans from ages 18 to 25.
But about 40 percent of the debt held by private investors will mature in a year or less, according to Treasury officials. When those loans come due, the Treasury will have to borrow more money to repay them, even as it launches perhaps the most aggr