Caren's Feed
Jan 26, 2012

Obama to propose tax credit for natural gas trucks

WASHINGTON (Reuters) – President Barack Obama was set on Thursday to promote a plan for greater use of natural gas and open up more land for offshore drilling during a campaign-style tour aimed at shoring up confidence in his economic stewardship.

At a stop in Las Vegas, Nevada, Obama will seek to counter Republican criticisms of his energy policies by rolling out a proposal to offer tax incentives for companies to buy natural gas trucks, which would help build demand for abundant supplies of the fuel.

Jan 26, 2012

Obama has tense exchange with Arizona governor

MESA, Arizona (Reuters) – A day after his confrontational election-year State of the Union address, President Barack Obama had a tense exchange with Arizona’s Republican governor on Wednesday as she greeted Air Force One in Phoenix.

During their brief encounter on the tarmac, intended to be a ceremonial welcome, Obama told Governor Jan Brewer that he disagreed with an account she had given of a meeting they had at the White House two years ago.

Jan 25, 2012

Obama pitches tax, jobs ideas on campaign-style tour

CEDAR RAPIDS, Iowa (Reuters) – President Barack Obama began a campaign-style swing through political battleground states on Wednesday, pitching his State of the Union initiatives on taxes and jobs as he made his case for a second term.

Fresh from his election-year speech to Congress, Obama amplified his proposals for rewarding companies that keep jobs at home and eliminating tax breaks for those that outsource overseas. He also pressed his argument for higher taxes on the rich.

Jan 13, 2012

Obama’s olive branch to Iran turned into sanctions hammer

WASHINGTON (Reuters) – President Barack Obama entered the White House in 2009 carrying an olive branch for Iran, determined to show the world that Washington would not play the villain in a relationship marked by blood and bitterness over three decades.

Obama chose his words with excruciating care in reaching out to Iran publicly and privately, including through secret letters to Iran’s Supreme Leader. The new president emphasized he wanted a “new beginning” with a country that called the United States “the Great Satan” and was branded by his predecessor as part of an “axis of evil.”

Jan 11, 2012

Obama vows new ideas to bring jobs home from abroad

WASHINGTON (Reuters) – President Barack Obama vowed on Wednesday to help bring jobs home from overseas and promised new tax proposals to reward companies that invest in America as he launched an election-year effort to show he is tackling high unemployment.

Obama’s latest jobs push appeared timed to steal back the spotlight and draw a contrast with Republican presidential front-runner Mitt Romney, whose rivals have accused him of once being a ruthless corporate raider who laid off U.S. workers and shipped jobs overseas.

Jan 11, 2012

Obama to offer tax ideas to spur investment

WASHINGTON (Reuters) – President Barack Obama, under election-year pressure to reduce high unemployment, will unveil tax proposals aimed at encouraging U.S. firms to keep jobs at home instead of outsourcing them overseas, the White House said on Wednesday.

Highlighting what the White House has touted as a growing trend but which some economists say has yet to gather much steam, Obama will focus on businesses that have chosen to “insource” jobs and “invest in America” and urge others to follow their lead.

Jan 10, 2012

Top Obama aide Daley steps down, budget chief takes over

WASHINGTON (Reuters) – President Barack Obama announced an election year shake-up at the White House on Monday, choosing budget director Jack Lew to replace chief of staff Bill Daley, who resigned after a troubled one-year tenure.

The switch at the top of the White House power chain comes as Obama prepares for a tough re-election battle that will require support from his left-leaning base.

Jan 7, 2012

Obama to businesses: Bring jobs home

WASHINGTON (Reuters) – President Barack Obama kicked off an effort to encourage businesses to keep jobs at home instead of outsourcing them overseas, as he rolled out a new election-year theme on Saturday aimed at courting middle-class voters.

In his weekly radio and video address, Obama previewed an event he will hold next week with business executives to highlight the advantages of investing in the United States.

Jan 7, 2012

Obama to ask firms to keep jobs at home

WASHINGTON (Reuters) – President Barack Obama will press business leaders next week to expand their industries at home rather than outsourcing jobs abroad, extending an election-year push to fight high unemployment.

The White House sees an increasing trend of companies deciding to “insource” jobs and invest in U.S.-based plants and factories, according to a White House official. It wants to encourage more businesses to follow that trend, the official said.

Jan 4, 2012

Obama tells Democrats to brace for “big battle”

WASHINGTON (Reuters) – As Republicans began voting to choose a nominee to face off against him, President Barack Obama sought to rally his Democratic supporters on Tuesday by telling them he had delivered on many promises and needed another term to accomplish more.

Obama, whose path to the White House began with a win in Iowa four years ago, reminisced about that campaign with Democrats, as Republicans dominated the spotlight with congressman Ron Paul, former Massachusetts Governor Mitt Romney and former Senator Rick Santorum competing in a tight race in the first voting contest of the 2012 election cycle.

    • About Caren

      "Caren has covered the White House since 2003. In 2008, she was a lead correspondent covering President Barack Obama's campaign. She has covered international summits, the federal budget, U.S. policy on Iraq and Afghanistan, and has reported extensively on the U.S. economy. Caren joined Reuters in 1992. Caren is president of the White House Correspondents Association."
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