Barack Obama | featured news

US President Barack Obama will ask government agencies on Wednesday to find cost savings by cutting back in areas ranging from travel and vehicles to purchases of promotional coffee mugs and gadgets.

Occupy Wall Street is going on the road – a two-week walk to Washington. A small group of activists plans to leave Manhattan's Zuccotti Park at noon Wednesday and arrive by the Nov. 23 deadline for a congressional committee to decide whether to keep President Barack Obama's extension of Bush-era tax cuts. Protesters say the cuts benefit only rich Americans.

The sweeping health care reform bill championed by President Barack Obama was upheld as constitutional by another federal appeals court Tuesday.

French President Nicolas Sarkozy says he "can't stand" Israeli Prime Minister Benjamin Netanyahu and has called him a "liar."

He shouldn't have to concede any states for lack of money – and he already has raised more than his Republican rivals combined. His approval ratings are down and the economic recovery is sputtering. But President Obama brings to the 2012 campaign one strategic advantage that previous Democratic presidential candidates would have envied: the money to compete everywhere.

There’s no question that President Obama faces one of the most challenging political environments in modern memory as he prepares to try to win a second term next November.

House Speaker John Boehner says things have gotten a little "frosty" with President Obama in recent weeks, but he still hopes their parties can work together as Congress prepares to confront the federal debt problem. "The president and I have a pretty good relationship," Boehner said on ABC's This Week With Christiane Amanpour. "You know, it's been little frosty here the last few weeks. But we've got a pretty good relationship."

President Obama faces the voters a year from today, and right now he has reasons to be both concerned and confident. On the downside, there's an unemployment rate of 9% and approval ratings stuck in the 40s; on the other hand, Obama leads all the Republican challengers in most polling. Approval ratings in the 40s are a problem for any president seeking re-election.

Senate Democrats proposed Friday tax incentives for businesses hiring veterans as well as job training for all service members leaving the military. The measure was unveiled as the next piece in President Obama's jobs bill and as a remedy to unemployment among veterans.

President Barack Obama's fortunes are improving slightly, although he would face a tough struggle for re-election next year if Mitt Romney were the Republican nominee, a Reuters/Ipsos poll said on Friday.