WHITE HOUSE

Progress at White House Debt Talks

Obama on Debt Talks: 'Constructive' but Gaps Remain

They're getting there. That, in a few words, perhaps best characterizes the state of the nation's debt ceiling talks. President Barack Obama said Thursday Congressional Democrats and Republicans are making progress toward deficit reduction and raising the debt ceiling, but big gaps remain.

Debt Talks: Obama Open to Social Security, Medicare Cuts

U.S. President Barack Obama
President Barack Obama has shifted his strategy in debt talks with Republicans, offering a substantially larger deficit reduction package that would include cuts to Medicare and Social Security in exchange for eliminating tax breaks.

Eric Cantor Speaks on Government Shutdown

House Majority Leader Eric Cantor, R-Va.
With less than four weeks left to work at preventing a U.S. government shutdown House Majority Leader Eric Cantor said reforms to the system must be included in any deal between the White House and congressional Republicans to show the public that Washington can handle the county's finances, The Associated Press reported.
Obama talks to the audience next to Jack Dorsey during his first ever Twitter Town Hall in the East Room at the White House in Washington

Obama ‘Twitter Town Hall’ Meeting: A New Age?

President Obama tweeted today, In order to reduce the deficit, what costs would you cut and what investments would you keep? creating the first Twitter town hall meeting at the White House. Twitter followers asked about gay marriage, the Patriot Act, abortion, and war as well as who his favorite Power Ranger is.
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Obama July 5

Obama's Twitter meeting: What is your question?

President Barack Obama will be answering questions on Wednesday during his first Twitter town hall meeting. The meeting is supposed to be focusing on economy and job related issues and queries.
Former U.S. President Bill Clinton, D-Arkansas

Bill Clinton to Obama on Debt Talks: 'Don't Blink'

The only Democratic U.S. president re-elected since FDR's New Deal, and the last one to register a budget surplus in the past 30 years, has no-holds-barred advice for President Barack Obama regarding the debt talks: 'Don't blink.'
U.S. President Barack Obama holds Joshua Blanchard

Obama Was Never Assassinated - President spends Independence Day at the White House [PHOTOS]

On July 4th morning, President Barack Obama allegedly died from two gunshot wounds while campaigning in Iowa, according to a series of six messages on the Fox News Twitter account, which was hacked by a group that identified themselves as Script Kiddies. In reality, President Barack Obama celebrated Independence Day at the White House, and praised military service members who have served and sacrificed for the United States in protecting the freedoms of its citizens.
U.S. Treasury Secretary Timothy Geithner

Geithner Mulls Stepping Down: Report

In order to take a break from government service, U.S. Treasury Secretary Timothy Geithner is considering leaving his post after President Barack Obama and Congress reach an agreement on raising the national debt ceiling.
U.S. Senate Minority Leader Mitch McConnell, R-Ky.

Senate Republican Invites Obama to GOP Lunch; President Declines

In an attempt to put it all on the table, the U.S. Senate's top Republican invited President Obama to a GOP lunch at the Capitol to discuss the ongoing dispute over the debt ceiling and related issues, but the White House on Thursday declined the invitation.

Reid Cancels July 4th Recess

Senators stalled on budget talks will have to miss Fourth of July festivities as the chamber’s top Democrat signaled there will be no recess.
Obama speaks during a news conference in the East Room of the White House in Washington

Obama: U.S. to Keep Pressure on Al-Qaeda, Taliban

The United States will keep applying the utmost pressure on al-Qaeda, even after its former leader Osama bin Laden was removed, according to comments made by U.S. President Barack Obama during a White House press conference.
President Barack Obama

As Debt Talks Begin, Each Side Digs In

As President Barack Obama waded into talks aimed at striking a compromise on raising the debt ceiling, Democrats and Republicans dug in on their increasingly acrimonious standoff over how taxes will factor into a deal.
U.S. Rep.  Michele Bachmann, R-Minnesota

Bachmann Jabs Obama, Promises Off-the-Cuff Presidency

While blasting President Barack Obama for wasting tax dollars and frequenting the politically correct line, U.S. Rep. Michele Bachmann, R-Minnesota, had a promise for Granite State voters: she'd run the White House with a titanium spine.
Will Taxes Rise on Jet-Owning Income Group?

Obama Deficit Reduction Plan May Tax Slice of Mega-Rich, Not Rich

If your adjusted gross income is under $250,000, you may get a reprieve, if the Obama administration's latest deficit reduction proposal becomes law after debt ceiling talks have concluded. The administration is now said-to-be seeking to increase taxes on a narrow slice of the mega-rich, such as owners of private jets.
Former Massachusetts Governor Mitt Romney

Romney: I'll Favor Businesspeople for Cabinet Posts

Former Massachusetts Gov. Mitt Romney, an early frontrunner for the Republican Party's 2012 presidential nomination, defended his work at a private equity firm, saying that he wants people with extensive private sector experience in his cabinet.

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