Obama Shifts Focus to Jobs
President Barack Obama leaves behind scandal-focused Washington to focus on the country's slowly improving jobs picture.
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The 10 Biggest Things Your Income Taxes Pay For
Now that tax season is over, it's natural to wonder exactly where the hard-earned dollars you paid in income tax over the past year actually went.
White House Shows Taxpayers Where Their Money Went - Sort Of
On Monday, the White House rolled out "Your 2012 Federal Taxpayer Receipt," an online tool that purports to detail how your personal taxes are spent. But it's not that simple.
Obamas Pay 18.4% Federal Income Taxes, Donate Big to Charity
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.
President Obama's Weirdest New Taxes
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.
White House Seeks Marketing Medicine for Health Care Overhaul
How do you show average Americans that one of the most complex and controversial government programs ever devised is a good deal for them? With the science of mass marketing.
Suffering from Crisis Fatigue, Americans Tune Out Sequester
President Obama is going all out to warn Americans about what could happen if the sequester hits. The country's response: a collective yawn, as we assume that after the political grandstanding, a deal will be struck as usual. But that may not happen this time.
White House Details Budget Cut Fallout State By State
The White House has detailed the potential fallout in each state from budget cuts set to take effect at week's end, while congressional Republicans and Democrats keep up the sniping over who's to blame.
Obama Presses Congressional Republicans to Avert Sequester
President Barack Obama is urging congressional Republicans to accept more tax revenue in order to avert the sequester -- an $85 billion, across-the-board budget cut due to take effect March 1 that could derail America's still stuttering economic recovery.
Presidents Day Pop Quiz: Funny Money Facts from the Oval Office
In honor of Presidents Day, we've compiled a list of some fun and surprising financial facts about the men who control -- and sometimes end up -- on U.S. currency. Take a peek!
Obama Expected to Call for Major EU Trade Talks in State of the Union
President Obama is expected to call for comprehensive trade and investment talks with the EU in his State of the Union speech tonight. An agreement that phases out tariffs, harmonizes product standards and reduces barriers to trade would have huge implications, far beyond economics.
Pop Quiz: Fun Facts from Inauguration Days Gone By
On Monday, President Obama will be inaugurated again, and an estimated 800,000 people will descend on Washington, D.C., for the occasion. To get yourself ready for the festivities, take this little quiz that features some high and low points from America's 57 inaugurations.
Night of the Living Debt Ceiling: The Fiscal Horror That Is to Come
Last week's fiscal cliff deal did much to resolve the dark specter of economic uncertainty in America. However, it was only the first of three fiscal crises set to hit before March. Next on deck, another sequestration battle; and then the biggie: "Debt Ceiling 2: The Tea Party Strikes Back."
Debt Crisis Looms as Congress Digs in Its Heels
Legislators show no signs they're heading toward compromise in resolving the nation's next financial crisis, with Democrats talking about further taxes hikes on the rich, and Republicans saying a crippling default on U.S. debt is possible unless they get significant cuts in government spending.
Boehner Caves, Agrees to Hurricane Sandy Aid Vote on Friday
Under intense pressure from angry Republicans, House Speaker John Boehner agreed late Wednesday to a vote this week on aid for Superstorm Sandy recovery. He will schedule a vote Friday for $9 billion for the national flood insurance program and another on Jan. 15 for another $51 billion in aid.