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Tag Archives: White House

White House could take over oil spill claims

WASHINGTON — Presidential spokesman Robert Gibbs says the administration is ready to take over the handling of oil spill damage claims from BP if the British company doesn’t set up an “independent entity” to do it. Speaking from Washington, Gibbs said the oil giant’s claims processing work has been unsatisfactory. He noted that Obama “has the legal authority” to make ...

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Oil's hidden costs visible, but will it matter?

HOUSTON — America is seeing the usually hidden costs of fossil fuels – an oil spill’s potential for huge environmental and economic damage, and deaths in coal and oil industry accidents. But don’t expect much to change. America and the world crave more oil and coal, no matter the all-too-risky ways needed to extract those fuels. "We are absolutely addicted ...

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Cochran takes aim at Obama's education budget

  WASHINGTON — Sen. Thad Cochran (R-Miss.) has voiced concerns about the White House’s budget proposals for federal education programs that would mean reduced or stable funding for rural and impoverished school districts. The administration’s FY2011 budget request for the U.S. Department of Education was scrutinized at a hearing conducted April 14 by the Senate Labor, Health and Human Services, ...

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White House to announce mortgage relief

WASHINGTON — After months of criticism that it hasn’t done enough to prevent foreclosures, the Obama administration is expected to announce today a plan to reduce the amount some troubled borrowers owe on their home loans. People briefed on the plan said the effort will let people who owe more on their mortgages than their properties are worth get new ...

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Obama creates deficit commission

WASHINGTON — President Barack Obama signed an order yesterday unilaterally creating a bipartisan commission to rein in unruly deficits after Congress rejected a similar body with considerably more enforcement power. In making the announcement, Obama said that unless lawmakers put aside partisan differences, the continuing red-ink trend could “hobble our economy.” The federal deficit hit a record $1.4 trillion last ...

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White House looking to flank GOP on healthcare

WASHINGTON — The White House and congressional leaders are preparing a detailed healthcare proposal designed to win passage without Republican support if GOP lawmakers fail to embrace bipartisan compromises at President Barack Obama’s summit next week. A senior White House official said yesterday that Democratic negotiators are resolving final differences in House and Senate health bills that passed last year ...

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Biden: Taxpayers well-served by stimulus

WASHINGTON — Vice President Joe Biden asserted in an interview today that taxpayers have “gotten their money’s worth” out of the $787 billion stimulus program that Congress passed during the depths of the recession. In an interview broadcast on CBS’s “The Early Show,” Biden defended the program against accusations by Republicans critics that it hasn’t been the job-manufacturing machine the ...

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White House defending stimulus spending

WASHINGTON — President Barack Obama, defending his economic stimulus plan on its first anniversary, is dispatching his Cabinet across the country to try to calm an anxious public as Democrats head into potentially devastating midterm elections. A weeklong push to highlight the stimulus program’s first year was starting with a Tuesday trip by Vice President Joe Biden to hard-hit Saginaw, ...

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White House: U.S. to add 95,000 jobs per month

WASHINGTON — The U.S. is likely to average 95,000 more jobs each month this year, while personal savings will remain high as credit remains tight, according to a White House report released today. The Council of Economic Advisers also trumpeted the $787 billion economic stimulus package, which it said has saved or created about 2 million jobs. In a message ...

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GOP fears healthcare summit is 'trap'

WASHINGTON — Even as Republicans publicly welcome President Barack Obama’s call for a bipartisan confab on healthcare, some privately worry that he might be laying a trap to portray their ideas as flimsy. If so, a shaky showing by GOP leaders could possibly embolden congressional Democrats to make a final, aggressive push to overhaul the nation’s healthcare system, with or ...

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