Caren's Feed
Oct 14, 2011

Some U.S. officials question response to Iran plot

WASHINGTON, Oct 14 (Reuters) – While President Barack Obama
and top aides have been united this week in grave warnings over
an alleged Iranian assassination plot, some U.S. government
officials are privately expressing disquiet that the
outlandish-sounding plan has triggered U.S. calls for stiff new
action against Iran.

These officials, while not disputing many facts of the
case, say that if anything, the scheme reveals weaknesses in
Iran’s security agencies, and the increasingly fractured state
of Iran’s government as it faces intense international
pressure.

Oct 14, 2011

In Michigan, Obama defends auto bailout and touts trade

, Oct 14 (Reuters) – With support from
the South Korean president, President Barack Obama sought on
Friday to reassure U.S. auto workers that a new trade pact
between the two countries would not cost Americans jobs.

Visiting a General Motors assembly plant in Michigan, Obama
said the trade deal signed this week would support at least
70,000 jobs and bolster the U.S. economy.

Oct 13, 2011

Obama, Lee hail trade deal, pressure N.Korea

WASHINGTON (Reuters) – U.S. President Barack Obama and South Korean President Lee Myung-bak on Thursday hailed a long-sought trade deal as an engine for job creation in both countries and presented a united front in the North Korean nuclear standoff.

Hosting Lee amid the pomp of a formal state visit, Obama underscored what is widely seen as a high point in the longtime alliance between Washington and Seoul as well as his ever-closer personal bond with the South Korean leader.

Oct 13, 2011

Obama, S.Korea’s Lee hail trade pact as jobs creator

WASHINGTON (Reuters) – President Barack Obama and South Korean President Lee Myung-bak hailed a long-sought trade deal as an engine for job creation in both countries as their White House summit got under way on Thursday.

Hosting Lee amid the pomp of a formal state visit, Obama sought to underscore what is widely seen as a high point in the longtime alliance between Washington and Seoul as well as his ever-closer personal bond with the South Korean leader.

Sep 20, 2011

Obama offers $3.6 trillion deficit plan, would up taxes

WASHINGTON (Reuters) – President Barack Obama laid out a $3.6 trillion plan on Monday to cut budget deficits partly by raising taxes on the rich, but Republicans rejected it as a political stunt and made clear the proposal has little chance of becoming law.

Vowing to veto any plan that relies solely on spending cuts to reduce deficits, the Democratic president’s recommendations set the stage for an ideological fight with Republicans opposed to tax increases that will stretch through Election Day 2012.

Sep 19, 2011

Obama offers $3 trln debt plan, tax hikes on rich

WASHINGTON (Reuters) – President Barack Obama on Monday laid out a $3 trillion plan to cut U.S. deficits by raising taxes on the rich, but Republicans mocked it as a political stunt, signaling the proposal has little chance of becoming law.

Vowing to veto any cuts to Medicare unless Congress hikes taxes on companies and the wealthy, the Democratic president’s recommendations set the stage for an ideological fight with Republicans that will stretch through Election Day 2012.

Sep 19, 2011

Obama deficit plan aimed at Democratic base

WASHINGTON, Sept 19 (Reuters) – President Barack Obama will
lay out a plan on Monday to cut the U.S. deficit that will
raise taxes on the rich, striking a populist tone to motivate
his Democratic Party base before the November 2012 election.

Obama will vow to veto any cuts proposed for the
government-run Medicare health program for the elderly unless
Congress agrees to lift taxes on companies and the wealthy.

Sep 19, 2011

Obama urges higher taxes to curb deficit by $3 trillion

WASHINGTON, Sept 18 (Reuters) – President Barack Obama, in
a rallying call to his Democratic base, will vow on Monday to
veto any cuts in Medicare if Congress fails to raise taxes on
corporations and wealthy Americans to curb the U.S. deficit.

Obama’s recommendations to a congressional “super
committee” would deliver deficit savings of more than $3
trillion over the next decade, his aides said, with roughly
half of those savings coming from higher tax revenues.

Sep 9, 2011

Obama faces tough slog to sell pivotal jobs plan

WASHINGTON (Reuters) – President Barack Obama, seeking to rescue the troubled U.S. economy and his own prospects for re-election, embarks on an uphill battle on Friday to win Republican support for a make-or-break $447 billion jobs plan.

The proposals, heavily weighted toward tax cuts for workers and businesses, were carefully crafted to appeal to middle-class voters who gravitate toward the political center.

Sep 8, 2011

Obama to call for urgent steps on economy

WASHINGTON (Reuters) – President Barack Obama will lay out a jobs package worth more than $300 billon on Thursday, staking his re-election hopes on a call for urgent bipartisan action to revive the faltering economy.

With his poll numbers sliding to new lows amid voter frustration with 9.1 percent unemployment, Obama will make tax cuts for middle-class households and businesses the centerpiece of the plan and will press for new spending to repair roads, bridges and other deteriorating infrastructure.

    • 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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