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Obama Nominates Billionaire for Commerce Secretary

President Barack Obama nominated another corporate billionaire to his cabinet on Thursday, announcing hotel heiress Penny Pritzker, also longtime Obama supporter and "heavyweight" fundraiser, as his official Commerce Secretary pick, the Chicago Tribune reports. Pritzker, with a $1.85 billion fortune, is listed by Forbes magazine among the 300 wealthiest Americans.

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Found 3 weeks ago on channel CommonDreams.org

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U.S. tweaks sliding scale for wealthier Medicare recipients

President Barack Obama's proposed 2014 budget would raise $50 billion over 10 years by increasing monthly premiums for wealthier Medicare recipients and tweaking the sliding scale on which the premiums are calculated, according to details released on Friday by the agency that runs Medicare and Medicaid.

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Found 1 month ago on channel Reuters

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Obama signs order for $109 billion in 2014 sequester cuts

WASHINGTON - Just hours after proposing a budget that would replace automatic spending cuts required by law, President Barack Obama on Wednesday set in motion the next $109 billion of the reductions to military and domestic programs for the year starting on October 1.

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Found 1 month ago on channel Reuters

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Obama tax blueprint could be opening gambit for overhaul

WASHINGTON - President Barack Obama on Wednesday revived a list of his favorite ideas for raising $580 billion in new U.S. tax revenues over 10 years from the wealthy that, while unpopular in Congress, could prove an opening gambit for a longer term tax overhaul.

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Found 1 month ago on channel Reuters

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Pentagon budget eyes $150 billion in cuts over 10 years: source

WASHINGTON - President Barack Obama's budget would slash less from the Pentagon than automatic "sequester" spending cuts which have started to kick in, but would still eliminate $150 billion from projected defense spending over a decade, a U.S. official told Reuters on Wednesday.

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Found 1 month ago on channel Reuters

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Obama Nominates Billionaire for Commerce Secretary

U.S. tweaks sliding scale for wealthier Medicare recipients

Obama signs order for $109 billion in 2014 sequester cuts

WASHINGTON - Just hours after proposing a budget that would replace automatic spending cuts required by law, President Barack Obama on Wednesday set in motion the next $109 billion of the reductions to military and domestic programs for the year starting on October 1.

Obama tax blueprint could be opening gambit for overhaul

WASHINGTON - President Barack Obama on Wednesday revived a list of his favorite ideas for raising $580 billion in new U.S. tax revenues over 10 years from the wealthy that, while unpopular in Congress, could prove an opening gambit for a longer term tax overhaul.

Pentagon budget eyes $150 billion in cuts over 10 years: source

WASHINGTON - President Barack Obama's budget would slash less from the Pentagon than automatic "sequester" spending cuts which have started to kick in, but would still eliminate $150 billion from projected defense spending over a decade, a U.S. official told Reuters on Wednesday.

tibidy.com

Cross-read the freshest news on politics, techology and culture.

Obama Nominates Billionaire for Commerce Secretary

U.S. tweaks sliding scale for wealthier Medicare recipients

Obama signs order for $109 billion in 2014 sequester cuts

WASHINGTON - Just hours after proposing a budget that would replace automatic spending cuts required by law, President Barack Obama on Wednesday set in motion the next $109 billion of the reductions to military and domestic programs for the year starting on October 1.

Obama tax blueprint could be opening gambit for overhaul

WASHINGTON - President Barack Obama on Wednesday revived a list of his favorite ideas for raising $580 billion in new U.S. tax revenues over 10 years from the wealthy that, while unpopular in Congress, could prove an opening gambit for a longer term tax overhaul.

Pentagon budget eyes $150 billion in cuts over 10 years: source

WASHINGTON - President Barack Obama's budget would slash less from the Pentagon than automatic "sequester" spending cuts which have started to kick in, but would still eliminate $150 billion from projected defense spending over a decade, a U.S. official told Reuters on Wednesday.

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