Hidden Trap in Obama's Proposed Student Loan Debt 'Remedy'
As controversy grows around President Obama's latest student loan relief proposal, one fact is becoming clear: Most former students won't get much relief from it.
As controversy grows around President Obama's latest student loan relief proposal, one fact is becoming clear: Most former students won't get much relief from it.
The White House has released 2012 tax information for the President and Vice President. The President and First Lady paid $112,214 in taxes on income of $608,611.
To achieve $1.8 trillion in new revenue, President Obama has plenty of big taxes in his budget proposal. Here are some quirky maneuvers he suggests.
Obama is nominating three candidates for full terms on the National Labor Relations Board, left in limbo after a court ruling invalidated the president's recess appointments.
Obama administration officials suggest that the president's 2014 budget proposal, due Wednesday, will feature concrete tax proposals and propose cuts to entitlement spending.
Obama will offer cuts to Social Security and other programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a source says.
Reducing sulfur in gasoline and tightening emissions standards on cars beginning in 2017, as the Obama administration is proposing, would come with costs as well as rewards.
Obama's widely publicized recent string of meetings with rank-and-file lawmakers seemingly produces no breakthroughs -- though none were anticipated.
The sequester will be tough on government employees, and on those whose jobs are directly supported by them. But even if you don't run a Jiffy Lube across the street from a military base, you still need to be prepared. Here's are eight unexpected ways the sequester will likely touch your life.
President Obama's State of the Union proposal to raise the federal minimum wage to $9 an hour has the retail industry on edge and fast food stocks struggling.
President Barack Obama did some cherry-picking Tuesday night in defense of his record on jobs and the economy. Here's a look at some of the claims in his State of the Union speech, a glance at the Republican counterargument and how they fit with the facts.
President Obama has a lot to cover in tonight's State of the Union, from guns to global warming to trade to jobs. But it'll be the economy that gets the most attention, and that's a battleground where he's been on a roll lately.
As President Barack Obama delivers his State of the Union speech Tuesday night, he presides over an economy much healthier than the one he inherited four years ago. Yet growth remains slow and unemployment high.
The Republican-controlled House will vote next week to permit the government to borrow more money to meet its obligations, a move aimed at heading off a market-rattling confrontation with President Barack Obama over the so-called debt ceiling.
On Saturday, a coalition of "gun rights and conservative groups" will hold America's first nationwide "Gun Appreciation Day." But guess who isn't coming to the party: Gun manufacturers. And they may have millions of reasons not to protest stricter regulation of their products.
As the fiscal cliff fight between President Obama and congressional Republicans grows more heated, it's starting to look as if we might fall over the cliff. But what would this mean for your 2013 budget? We've rounded up the best fiscal cliff calculators we could find to help you figure that out.
President Barack Obama, laying down his marker for grueling budget and tax negotiations, said Friday he won't accept any approach to deficit reduction that doesn't ask the wealthy to pay more in taxes.
The election is over, and now, the many investors who were keeping a close eye on the polls know what they're getting (somewhat) in terms of the federal government for the next few years. Here's a look at 21 economic sectors, and what a second Obama term will mean for each of them.
Crowdfunding -- in which several investors put up cash for a project or business idea posted to the Web -- has become a major source of capital for start-up entrepreneurs. But just because you can go to the Web to raise seed money fast doesn't mean you should, or that it'll be easy.
Americans increased their spending in September at twice the rate that their income grew, a sign of confidence in the economy. Still, consumers made up the difference by saving less for a third straight month, a troubling trend.
President Obama's snappy comeback about bayonets and horses put Mitt Romney on the defensive on defense spending ... but do his arguments hold water? Is Washington being a good steward of your tax dollars, as it spends them on aircraft carriers, nuclear subs, and other gear for our smaller, high-tech Navy?
Barack Obama gives his closing statement in the final presidential debate.
President Barack Obama made a cross-country swing for cash and Hispanic support Monday amid signs that Republican rival Mitt Romney is cutting into his lead in some key swing states as the campaign enters its final four weeks.
Republican presidential candidate Mitt Romney stayed within striking distance of President Barack Obama in a Reuters/Ipsos poll on Sunday, two-points behind the Democrat for the third straight day after winning last week's debate in Denver.
The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, even as more Americans come back into the labor force to resume the hunt for work.
Small business owners are getting a little more optimistic about how their companies will do after the election, according to a survey released Tuesday by the National Federation of Independent Business.
When pundits talk about the fiscal cliff, they7 usually focus on the damage that'll be caused by the expiring Bush tax cuts and the across-the-board budget cuts. But what you'll probably feel first will be the end of the payroll tax holiday, which will take an instant bite out of your paycheck.
GOP presidential candidate Mitt Romney spends a lot of time touting his record on job creation. But when he ran Bain Capital, he also made jaw-dropping profits in leveraged buyouts of companies that later went bust, costing more than 11,000 Americans their jobs.
President Barack Obama went after the college vote Tuesday, pitching cheaper student loans as he courted the one age group where he has a decided advantage over Republican rival Mitt Romney.




























