President Obama

Read the latest post-presidency news about President Barack Obama on Newser.com

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President Gets Personal With Swing Senators

Holds highly unusual 1-on-1 meetings with stimulus holdouts

(Newser) - President Obama is reaching across the aisle to moderate senators whose votes are crucial to passage of the economic stimulus bill. He put in a call to John McCain, who has been a vocal critic of the bill’s current incarnation. “We'd like to sit down and try to...

Skirting Pay Cap Will Be a Piece of Cake

Obama proposal leaves wiggle room, and Wall St. usually good at finding it

(Newser) - The squeeze on big paydays for executives of bailed-out banks will probably leave Wall Street plenty of wiggle room. Consultants on executive pay say the caps imposed by President Obama yesterday will probably apply only to a few executives—not star traders, brokers, and salespeople who routinely earn whopping pay...

Obama: Stimulus Critics 'Misguided'

(Newser) - President Obama goes to bat for his stimulus package today in an editorial in the Washington Post, calling it “more than a prescription for short-term spending—it’s a strategy for America’s long-term growth.” He says the criticisms of it are “misguided,” advocating “half-steps...

Senate Backs $15K Tax Break for Homebuyers

(Newser) - The Senate voted tonight to give a tax break of up to $15,000 to homebuyers in hopes of revitalizing the housing industry. The move is a victory for Republicans eager to leave their mark on the mammoth economic stimulus bill. The proposal would allow a tax credit of 10...

Obama No 'Superman' for Chicago's Olympic Bid

But rival Madrid wishes Bush were still here

(Newser) - Barack Obama may be the world's darling for the time being, but that doesn't mean his hometown of Chicago is a shoo-in to host the 2016 Summer Olympics, says Spain's sports minister. "He's not Superman," says Jaime Lissavetzky. "I don't think he will be the decider."...

US Cancels Gas, Oil Leases Near Utah Parks

Administration moves to drilling in environmentally sensitive areas

(Newser) - The Obama administration is scrapping the sales of oil and gas leases on areas of federally protected land spanning 130,000 acres in Utah, Bloomberg reports. “Those are American iconic treasures we need to make sure are being protected,” Interior Secretary Ken Salazar said today, adding that the...

Obama Signs Kids' Health Bill
Obama Signs Kids' Health Bill
Feb 4, 2009 4:28 PM CST

Obama Signs Kids' Health Bill

SCHIP extension, twice vetoed by Bush, brings care to 4M, adds 62¢ to cigarette tax

(Newser) - President Obama today signed into law a measure that will bring health care to an estimated 4 million children, CNN reports. The $35 billion expansion of the State Children’s Health Insurance Program, a move twice vetoed by President Bush, will be financed by adding 62¢ per pack to the...

$700K in Fees Could Bring Panetta Scrutiny

CIA nom got speaking, consulting money from troubled banks

(Newser) - President Obama’s nominee to head the CIA could be the next to come under scrutiny after the Wall Street Journal reported today that Leon Panetta has made more than $700,000 in the past year in speaking and consulting fees—with some coming from troubled banks and an investment...

Congress Delays Digital TV Switch Until June 12

(Newser) - Congress has decided to give people four more months to prepare for the upcoming transition from analog to digital TV. The House voted today to postpone the end of analog TV signals until June 12. The Senate passed a similar measure last week, so it now goes to President Obama,...

Obama Transition Not So Flawless After All
Obama Transition Not So Flawless After All
OPINION
Feb 4, 2009 2:52 PM CST

Obama Transition Not So Flawless After All

Blunders show new administration to be quite ordinary, blogger writes

(Newser) - News coverage has so far given the impression that Barack Obama’s transition is one of the smoothest, best-executed in history. But with a number of recent blunders grabbing headlines, the administration’s image is coming back down to earth, writes Ed Morrissey for Hot Air. “Most transitions feel...

Tiger: Return to Golf 'Depends on the Baby'

But Woods says he'll squeeze in a round with Obama either way

(Newser) - Tiger Woods still isn’t sure when he’ll return to the golf course, but he’s in for a busy spring either way, People reports. “I’m taking it tournament to tournament,” says Woods, recovering from knee surgery while his wife is expecting their second child. “...

'Sleazy' Cheney Has No Right to Talk Terror

(Newser) - Dick Cheney’s claim that a terrorist attack is more likely during an Obama administration “is sleazy in the extreme,” Joe Klein writes for Time. Even if you can “leave aside the fact”—which Klein cannot—“that if Dick Cheney and his alleged boss had...

Deep-Red Gregg Is a Strange Fit for Obama
Deep-Red Gregg Is a Strange Fit
for Obama
Analysis
Feb 4, 2009 1:53 PM CST

Deep-Red Gregg Is a Strange Fit for Obama

Commerce nom tried to get rid of agency, but is bridge to big business

(Newser) - Judd Gregg is a fairly bizarre choice for commerce secretary, Pete Engardio writes in BusinessWeek, considering the Republican senator once called for the elimination of the Commerce Department. Gregg is a true fiscal conservative, who’s voted against bills to tighten emission standards, raise taxes on gas producers, and negotiate...

C'mon, Mr Prez, Nobody Will Run Bank for $500K
C'mon, Mr Prez, Nobody Will Run Bank for $500K
OPINION
Feb 4, 2009 12:34 PM CST

C'mon, Mr Prez, Nobody Will Run Bank for $500K

Obama, after pledge to be above the noise, falls prey to it instead

(Newser) - Sure, bankers make too much money, but President Obama’s ceiling “is just a misguided attempt to quiet the peanut gallery,” writes Megan Barnett in Portfolio. The $500,000-per-year executive cap will discourage banks from taking needed government cash, and drive away top talent. “Money is what...

Obama and McCain Back at It, Over Stimulus

'Season of cooperation' short-lived as Mac rips 'comical' spending bill

(Newser) - How to spend hundreds of billions of dollars has a way of opening up old rivalries, the Washington Times reports, with John McCain—who recently pledged to cooperate with President Obama—spearheading the Senate effort to rewrite the stimulus package. “I cannot and do not support the package on...

Pelosi, Not GOP, Thorn in Obama's Side
 Pelosi, Not GOP, 
 Thorn in Obama's Side 
ANALYSIS
Feb 4, 2009 10:10 AM CST

Pelosi, Not GOP, Thorn in Obama's Side

President's relationship with House speaker on the rocks over stimulus

(Newser) - President Obama might have criticized how House Republicans rolled over for President Bush, but likely expected something similar from Democrats. But Speaker Nancy Pelosi has already shown she won’t hew to Obama’s agenda, reports Time. They’re out of step on the auto bailout, tax cuts, and most...

Plouffe Snags 7-Figure Book Deal

(Newser) - Barack Obama's campaign manager, David Plouffe, has agreed to a 7-figure deal to write a book about last year's presidential election. The Audacity to Win: The Inside Story and Lessons of Barack Obama's Historic Victory will be published by Viking next fall. Two publishing executives said that bidding for the...

Pentagon to Send 30K New Troops to Afghanistan

Heartland strategy seeks to cut off Taliban's supply of fighters, drug money

(Newser) - US commanders are finalizing plans to beat back the resurgent Taliban with tens of thousands of extra American troops in Afghanistan, the Wall Street Journal reports. As part of Barack Obama's emerging strategy, reinforcements will be deployed in rural areas where Kabul's grip is weak, including along the border with...

Obama May Cap Pay of Bailed-Out Execs at $500K

Pay to be capped at $500,000, bonuses canceled

(Newser) - The Obama administration plans to announce sharp new limits today on how much executives of bailed-out companies can make, the New York Times reports. The rules, still being hammered out, would cap the pay of top executives at $500,000 and bar them from receiving any bonuses apart from normal...

Obama Seeks Deal With Russia to Slash Nuclear Arms

Talks could reduce stockpiles by 80%

(Newser) - President Obama plans to restart aggressive talks with Russia aimed at reducing both nations' nuclear arsenals by 80% to 1,000 warheads each, the Times of London reports. Obama will set up a special White House office to oversee the talks, aimed at forging a treaty to replace the 1991...

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