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Mar 5, 2013

After latest budget battle, Obama calls senators looking for common ground

WASHINGTON (Reuters) – President Barack Obama, unable to persuade Republicans to accept higher taxes, is attempting to cobble together what he calls a “common-sense caucus” among lawmakers to help resolve U.S. budget woes and push his legislative agenda.

On Monday and in recent days, Obama has made individual phone calls to a number of senators in a search for common ground on $85 billion in budget cuts that went into effect last week, as well as his top priorities like deficit reduction, gun control and an overhaul of U.S. immigration laws.

Mar 5, 2013

Republicans move to avoid government shutdown

WASHINGTON (Reuters) – Tension over the fiscal crisis eased on Monday as President Barack Obama called more opposition lawmakers to find a way to stop $85 billion in damaging budget cuts and congressional Republicans announced a plan to prevent a government shutdown.

Eager to resolve fiscal fights overshadowing his second term, the Democratic president called Maine Republican Senator Susan Collins and Oklahoma Republican Senator Tom Coburn after speaking to other Republican senators over the weekend.

Mar 4, 2013

Obama renews budget offer to cut social safety nets

WASHINGTON (Reuters) – President Barack Obama raised anew the issue of cutting entitlements such as Medicare and Social Security as a way out of damaging budget cuts, a White House official said on Sunday, as both sides in Washington tried to limit a fiscal crisis that may soon hit millions of Americans.

Signaling he might be ready to explore a compromise to end automatic spending cuts that began late Friday, Obama mentioned reforming these entitlement programs in calls with lawmakers from both parties on Saturday afternoon.

Mar 4, 2013

Obama to nominate Walmart’s Burwell as White House budget chief

WASHINGTON (Reuters) – President Barack Obama will nominate Walmart’s philanthropic head Sylvia Mathews Burwell on Monday to become director of the White House budget office, a White House official said on Sunday.

Burwell, 47, is a veteran of Bill Clinton’s White House and for the past year has been president of the Walmart Foundation at the corporation’s Bentonville, Arkansas, headquarters. The charity organization in 2011 gave out nearly $1 billion in corporate contributions to projects around the world such as fighting hunger and empowering women.

Mar 3, 2013

Obama to nominate Walmart’s Burwell as White House budget chief: sources

WASHINGTON (Reuters) – President Barack Obama plans to nominate Walmart Foundation head Sylvia Mathews Burwell to head the White House Office of Management and Budget on Monday, sources familiar with the matter said on Sunday.

Burwell, 47, is a veteran of Bill Clinton’s White House and has helped steer philanthropic efforts while at Wal-Mart’s headquarters in Bentonville, Arkansas.

Mar 3, 2013

Obama renews offer to cut social safety nets in big budget deal: aide

WASHINGTON (Reuters) – President Barack Obama raised anew the issue of cutting entitlements such as Medicare and Social Security as a way out of damaging budget cuts, a White House official said on Sunday, as both sides in Washington tried to limit a fiscal crisis that may soon hit millions of Americans.

Signaling he might be ready to explore a compromise to end automatic spending cuts that began late Friday, Obama mentioned reforming these entitlement programs in calls with lawmakers from both parties on Saturday afternoon.

Mar 2, 2013

Obama formally orders “deeply destructive” cuts, blames Congress

WASHINGTON (Reuters) – President Barack Obama formally ordered broad cuts in U.S. government spending on Friday night after he and congressional Republicans failed to reach a deal to avert automatic reductions that could dampen economic growth and curb military readiness.

As the United States staggered into another fiscal crisis, the White House predicted that the spending cuts triggered by the inability of Obama and lawmakers to forge a broader deficit-reduction agreement would be “deeply destructive” to the nation’s economic and national security.

Mar 2, 2013

U.S. lurches into new budget crisis, spending cuts imminent

WASHINGTON (Reuters) – The United States lurched into a new budget crisis on Friday as President Barack Obama and Republicans failed to agree on stopping broad spending cuts that could dampen economic growth and curb military readiness.

Put in place during a bout of deficit-reduction fever in 2011, the automatic cuts can only be halted by a deal between Congress and the White House.

Mar 1, 2013

Fiscal talks fail, U.S. stumbles toward steep budget cuts

WASHINGTON (Reuters) – The U.S. government stumbled headlong on Friday toward wide-ranging spending cuts that threaten to hinder the economic recovery, after President Barack Obama and congressional leaders failed to find an alternative budget plan.

The cuts, locked in during a bout of deficit-reduction fever in 2011, can only be halted by agreement between Congress and the White House.

Mar 1, 2013

U.S. stares down start of steep ‘automatic’ budget cuts

WASHINGTON, March 1 (Reuters) – The U.S. government hurtled
on Friday toward making deep spending cuts that threaten to
hinder the nation’s economic recovery, after Republicans and
Democrats failed to agree on an alternative deficit-reduction
plan.

Locked in during a bout of deficit-reduction fever in 2011,
the time-released “automatic” cuts can only be halted by
agreement between Republican lawmakers and the White House.

    • About Richard

      "I have been a Washington correspondent for Reuters since 2001. I have written about climate change and the environment, the U.S. Congress, politics, economic issues and agricultural trade disputes."
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