BARACK OBAMA

Congress reaches deal to end FAA shutdown

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Congressional leaders struck a deal on Thursday to resolve a partisan dispute and end a partial shutdown of the Federal Aviation Administration that has halted airport projects and threatened thousands of jobs.
For Discussion: U.S. Economy

Disapproval of U.S. Congress Hits Record High: Poll

A record 82 percent of Americans say that they disapprove of the way Congress is doing its job, compared with 14 percent who approve, according to a New York Times/CBS News public opinion poll published on Thursday.
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Congress reaches deal to end aviation standoff

Congressional leaders struck a deal on Thursday to resolve a partisan dispute and end a partial shutdown of the Federal Aviation Administration that has halted airport projects and threatened thousands of jobs.
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President Barack Obama, Jennifer Hudson, Rahm Emanuel

Happy Birthday President Obama: How Do You Plan to Fix the Economy?

President Barack Obama turned 50 on Thursday. But the celebration was muted by a big decline on Wall Street. Some economists are suggesting the U.S. is just "one shock" away from another recession, and questions are being peppered to Obama about his plans for turning around the U.S. economy.
U.S. President Barack Obama

Obama Announces Plan to Avert Genocide, War Crimes

President Barack Obama took steps to strengthen America's policing of war crimes on Thursday, issuing a proclamation that bars some human rights violators from entering the country, and that also sets up a board to try and anticipate imminent mass atrocities.
U.S. Rep.  Michele Bachmann, R-Minnesota

Analysis: Republican leaders heed Tea Party but risk backlash

Emboldened by concessions wrung from their own leadership and President Barack Obama during the debt limit fight, Tea Party-affiliated lawmakers will likely remain a driving force in the Republican Party -- and possibly induce gridlock until the 2012 elections.
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Strapped states chop jobless aid

U.S. states are making "unprecedented" cuts to unemployment benefit programs, hoping to keep their budgets in line as the country's jobless rate shows no sign of budging, according to a report the National Employment Law Project released on Wednesday.
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Obama turns 50th birthday into campaign fundraiser

President Barack Obama turned his 50th birthday into a 2012 campaign fundraising bonanza on Wednesday, buoyed by a hometown crowd after what he called a frustrating period locked in a debt battle with Republicans.
At Issue: FAA Budget

Another U.S. Debt Deal Casualty: Congress Triggers Partial FAA Shutdown

The U.S. Debt Deal crisis has claimed another casualty: the U.S. air transportation system -- Congress has left town without funding a key Federal Aviation Administration budget: as a result, 70,000 construction and related workers have been idled, and 4,000 furloughed, work on projects valued at $11 billion has been delayed.
Transportation Secretary Ray LaHood

President Obama, LaHood Urge Lawmakers To Rethink FAA Extension

President Obama urged Congress on Wednesday to end the 12 day long FAA shutdown, as they recessed for the summer. The President remarked that members need not even return to town to resolve the dispute, and that it could be done through a procedural agreement when the debate resumes in September. He stated, "This is a lose, lose, lose situation that can be easily solved...."
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Analysis: Down-to-wire debt deal tests corporate ties

Corporate America is not likely to punish Republicans who ignored their pleas and voted against a bill to raise the U.S. debt ceiling, looking to court them for bigger fights ahead, according to business lobbyists.
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Analysis: Airlines stand by fare hike despite pressure

U.S. airlines are not likely to bow to pressure from the White House and elsewhere to rollback a fare increase facilitated by a Washington political standoff that could net the industry more than $1 billion in unexpected third quarter revenue.

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