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U.S. Vice President Joe Biden

Joe Biden Gaffe: VP Hits the Road for ‘Road Island’ [TRANSCRIPT]

Vice President Joe Biden is hitting the road this week to make campaign stops in New England, but looks like he forgot to pack his spell check; White House staffers sent out a press release about his upcoming trip, saying the president was visiting Road Island on Thursday. Here is a transcript of the original press release before it was corrected.
U.S. Vice President Joe Biden waves during his arrival at the Athens Eleftherios Venizelos airport in Athens

Joe Biden Accidentally Tells the Truth

Good 'ole Joe. You can always count on him to say what he shouldn't. Remember when the revolution was underway in Egypt? In stepped Joe to praise Hosni Mubarak, the Egyptian dictator.
World Bank President Zoellick attends a session at the World Economic Forum in Davos

World Bank President? 5 Picks for Obama

President Barack Obama has the chance to change world economic development when he selects the next President of the World Bank, the outgrowth of World War II-era plans to use rich counties to spearhead economic growth.
Considerable Spikes Expected on China’s 2012 Defence Spending

Obama Tells Chinese VP Xi: 'Work by the Same Rules'

Jinping Xi, slated to become China's next leader by 2013, touched down at Andrews Air Force base this morning to begin a busy five-day visit which included meetings with President Obama and other top administration officials at the White House.
A view shows an Intel plant under construction in Chandler, Arizona January 25, 2012.

President Obama to Pitch Cutting Top Corporate Tax Rate of 35%

U.S. President Barack Obama will call for cutting the top 35 percent corporate tax rate as early as this month, according to two sources close to the administration. The president is likely to propose a rate closer to an average of those seen in peer nations, the sources said.
Alabama and Mississippi Republicans believe Obama is Muslim

Obama shift seeks to defuse birth-control fight

President Barack Obama, in an abrupt policy shift aimed at quelling an election-year firestorm, announced on Friday that religious employers would not be required to offer free birth control to workers and that the onus would instead be put on insurers.
U.S. House Speaker John Boehner, R-Ohio

Birth Control Rules Fuel Pre-election Political Firestorm

The top Republican in the Congress on Wednesday denounced President Barack Obama's new rule on contraceptives as an assault on religious freedom and vowed to overturn it, as the White House sought to prevent the issue from becoming an election-year liability.

U.S. Reaches Mortgage Deal with Top Banks

The announcement caps more than a year of chaotic negotiations among state and federal officials, and the banks, who have been accused of using robosigners and unlawful documentation to deal with a flood of foreclosures.
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Mortgage deal nears as holdout states join

California and New York, two big holdout states in a $25 billion mortgage settlement, are expected to join the deal, smoothing the way for an announcement on Thursday, according to a person familiar with the matter.
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Eyes on dissident states as mortgage deal nears

A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.
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Delaware officials wrestle over mortgage deal

Delaware stands to leave up to $40 million in homeowner relief on the table, if it does not join a multi-state mortgage settlement, according to a letter from the state's banking commissioner seen by Reuters on Tuesday.
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Joe Biden Says He Advised Against Bin Laden Raid

Vice President Joe Biden admitted over the weekend that, when President Barack Obama had to decide whether to authorize the May 2 raid that killed Osama bin Laden, Biden advised him not to do so.

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