WASHINGTON, Nov 7 (Reuters) – The White House budget office
on Thursday catalogued the economic damage from the 16-day
government shutdown, saying the closure wasted billions of
government dollars and hurt individuals and businesses that
depend on government functions.
Broadly speaking, the shutdown shaved an estimated 0.2 to
0.6 of a percentage point off U.S. gross domestic product in the
last three months of the year, the budget office said, citing
WASHINGTON (Reuters) – President Barack Obama on Thursday pledged an aggressive expansion of U.S. efforts to draw foreign investment by clearing away red tape and having U.S. diplomats court investors who want to break into the market.
“We know we can do more. We know we can do better,” Obama said at a conference his administration organized that attracted business representatives from around the world.
NEW YORK (Reuters) – With an eye to 2014 elections, President Barack Obama held up the government shutdown this month as an emblem of fundamental differences between Democrats and Republicans on Friday in an appeal to wealthy donors.
“The shutdown was about more than just healthcare, it was about, sort of, a contrast in visions about what our obligations are to our fellow citizens,” the president said at a fundraiser at the home of Karen Mehiel on New York’s posh Upper East Side.
WASHINGTON (Reuters) – Democratic President Barack Obama will take a swipe at austerity-minded Republicans on Friday ahead of a looming budget rematch, urging against the backdrop of a model school that spending, rather than belt-tightening, is key to economic growth.
Lawmakers are girding for a conference starting Wednesday aimed at reconciling vastly different spending plans put forward by the Democratic-controlled Senate and the Republican-led House of Representatives.
WASHINGTON, Oct 24 (Reuters) – The White House refused to
comment on whether the United States had snooped on German
Chancellor Angela Merkel’s cellphone communications and
acknowledged on Thursday that claims of U.S. spying have created
tensions with allies.
“We are not going to comment publicly on every specified
alleged intelligence activity,” White House spokesman Jay Carney
said. “The president spoke with Chancellor Merkel, reassured her
that the United States is not and will not monitor the
WASHINGTON (Reuters) – The White House would not deny that the United States snooped on German Chancellor Angela Merkel’s cellphone communications in the past and acknowledged on Thursday that allegations of U.S. spying have created tensions with allies.
“We are not going to comment publicly on every specified alleged intelligence activity,” White House spokesman Jay Carney said. “The president spoke with Chancellor Merkel, reassured her that the United States is not and will not monitor the chancellor’s communications.”
WASHINGTON (Reuters) – The contractors for the government’s troubled healthcare website sought to deflect blame on Wednesday as more Democrats voiced concerns about the implementation of President Barack Obama’s signature domestic policy.
Administration officials, in damage-control mode for nearly a week, held a closed-door briefing for Democrats in the U.S. House of Representatives and a private session with insurance company executives, who said they would assist in efforts to fix the Healthcare.gov website.
WASHINGTON (Reuters) – The White House sought to limit the political damage from the troubled rollout of the government’s healthcare website as Republicans increased pressure on Wednesday to delay parts of President Barack Obama’s signature domestic policy.
Obama administration officials held a closed-door briefing for Democrats in the U.S. House of Representatives and planned a session with insurance company executives to explain steps they are taking to quickly resolve problems with Healthcare.gov.
WASHINGTON (Reuters) – President Barack Obama scolded congressional Republicans on Thursday, hours after a fiscal crisis was narrowly averted and called on his opponents to help repair the economic damage caused by a 16-day U.S. government shutdown and a close brush with a debt default.
Obama stressed that he is willing to work with lawmakers wherever they can agree, but the tone he struck amounted to a rebuke of Republicans, whom Americans largely blame for pushing the United States to the brink of an economic calamity.
WASHINGTON (Reuters) – President Barack Obama said on Tuesday the frantic stop-and-go effort in Congress to avoid a debt default and end a government shutdown is “a mess” as a gloomy mood descended over the White House with time running out to a Thursday deadline.
Obama, who is to meet Treasury Secretary Jack Lew on Wednesday, and his Democratic backers stressed there is still time to avoid a historic default even as efforts to reach a deal in Congress floundered on Capitol Hill.