Amid jitters that high levels of unemployment may force a double dip recession, the IMF warned the slow US recovery would continue and that debt problems loomed.
The Obama administration is overestimating U.S. economic growth and needs to reduce its budget deficit far more aggressively, the International Monetary Fund said on Thursday in a report that [...]
The White House is working with South Korean officials “as they contemplate their next steps” in response to the sinking of a naval ship by North Korea, said Obama administration spokesman Robert Gibbs
Gibbs declined to specify what those next steps might be, nor did he comment on North Korea’s threat that retaliation would trigger “all-out [...]
President Hamid Karzai and Secretary of State Hillary Clinton attempted to put recent differences between the U.S. and Afghan governments behind them Tuesday, saying that while they may have policy disagreements, such disputes do not reflect instability in the overall bilateral relationship.
The last time Afghanistan’s president, Hamid Karzai, was in Washington—a year ago—he had [...]
A Bob Woodward book on the Obama administration is coming out in September.
It doesn’t even have a title yet, but that hasn’t prevented Bob Woodward’s latest book from making headlines. Woodward, best known as half of the Pulitzer Prize-winning journalistic duo that busted Watergate wide open, will be writing on the Obama administration. The [...]
John Paul Stevens, the 89 year-old supreme court associate justice is to retire by mid-summer. Which is just in time for a knock-down, ding-dong battle in Congress over who the Obama administration will appoint to replace the liberal lion.
Stevens said Friday he will step down when the court finishes its work for the summer in [...]
The Obama administration’s war against Massa ramped up as the ex-lawmaker told a clearly skeptical Glenn Beck on TV that the president’s Chicago thug enforcer Rahm Emanuel approached him in the shower and told him he “better vote with the president.”
House Majority Leader Steny Hoyer accused political opponents Wednesday of trying to exploit the [...]
Rahm Emanuel is officially a Washington caricature. He’s the town’s resident leviathan, a bullying, bruising White House chief of staff who is a prime target for the failings of the Obama administration.
But a contrarian narrative is emerging: Emanuel is a force of political reason within the White House and could have helped the administration [...]
A slew of struggling homeowners are coming forward with complaints about the way banks are operating under a federal loan modification program announced last year by the Obama administration.
Those two words, from the mouth of a bank representative last October, triggered a wave of relief for Tracy Davis and her husband James. [...]
President Barack Obama is trying to revive his stalled national health care overhaul by taking the fight to the private insurance companies.
The Obama administration will propose legislation that would allow the government to block excessive rate hikes by health insurance companies, a senior administration official said.
The official could not speak on the record because [...]
John Podesta, former Clinton chief of staff and leader of Obama’s transition team, thinks American politics are in a sad state. Actually, he thinks it just plain “sucks,” or so he said in an interview.
Podesta made the remark with a chuckle, but the man who chaired President Obama’s transition team expressed deep concern about the [...]