Republicans to back Obama's student loan plan House Republicans are willing to give President Barack Obama a rare win, the chairman of the Education and Workforce Committee said Thursday in outlining a deal that would let college students avoid a costly hike on their student loans. More
Obama to open middle-class jobs, opportunity tour Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
GOP boycotts health care advisory board House and Senate Republican leaders told President Barack Obama Thursday that they will refuse to nominate candidates to serve on an advisory board that is to play a role in holding down Medicare costs under the new health care act. More
Original ricin suspect was held despite evidence pointing to another man After keeping Elvis impersonator James Kevin Curtis in jail for a week, interrogating him while he was chained to a chair and turning his house upside down, federal authorities had no confession or physical evidence tying him to the ricin-laced letters sent to President Obama and other public officials. More
Obama signs legislation ending FAA furloughs President Barack Obama has signed into law a bill to end furloughs of air traffic controllers. The furloughs stemmed from the automatic, across-the-board spending cuts that started taking effect in March. Millions of air travelers were affected recently by delayed flights across the country because of the furloughs. More
Obama win could cost Romney $5M in personal taxes For Obama, not so loaded as Romney but still well-off, losing re-election could provide a tax windfall. He'd save as much as $90,000 a year if Romney's plan were enacted rather than his own tax-the-rich vision. Two nonprofit research groups, the liberal ... 06/4/2012 - 3:13 am | View Link
Obama win could cost Romney $5M in personal taxes WASHINGTON (AP) — To see where the presidential candidates stand on taxing the rich, just look at how they'd tax themselves. Under his own proposal, Mitt Romney would pay half what he would under President Barack Obama's tax plan. For a man of Romney's ... 06/3/2012 - 10:24 pm | View Link
Obama win could cost Romney $5M in personal taxes WASHINGTON—To see where the presidential candidates stand on taxing the rich, just look at how they'd tax themselves. Under his own proposal, Mitt Romney would pay half what he would under President Barack Obama's tax plan. For a man of Romney's means ... 06/3/2012 - 8:33 pm | View Link
Obama win could cost Romney $5M in personal taxes WASHINGTON (AP) -- To see where the presidential candidates stand on taxing the rich, just look at how they'd tax themselves. Under his own proposal, Mitt Romney would pay half what he would under President Barack Obama's tax plan. For a man of Romney's ... 06/3/2012 - 1:00 pm | View Link
Politics, Political News Chinese food manufacturer in center of food safety scandal: David Keup - 8 hours ago: Shanghai Husi Food Co. has been accused of forging production dates on smoked ... 07/29/2014 - 4:27 am | View Website
United States presidential election, 2008 The United States presidential election of 2008 was the 56th quadrennial presidential election. It was held on Tuesday, November 4, 2008. Democratic Party nominee ... 07/29/2014 - 3:16 am | View Website
Breaking Political News, Headlines & Opinion | Politics ... Presidential politics and political news from FOXNews.com. News about political parties, political campaigns, world and international politics, politics news ... 07/29/2014 - 1:57 am | View Website
Barack Obama "Obama" redirects here. For other uses, see Obama (disambiguation). This article is about the 44th president of the United States. For his father, see Barack Obama, Sr. 07/28/2014 - 8:28 pm | View Website
Politics News and U.S. Elections Coverage Get the latest breaking politics news and political coverage of U.S. elections. Get updates on President Obama's White House, Congress and more at ABC News. 07/28/2014 - 3:34 pm | View Website
The United States on Monday urged Israel to expedite the case of a 15-year-old American citizen held for three weeks on charges of rock-throwing, amid concerns he has been mistreated in custody.
Mohammed Abu Nie — who has dual American and Palestinian citizenship — was arrested in east Jerusalem on July 3, State Department spokeswoman Jen Psaki confirmed.
“We are certainly gravely concerned about the detention of an American citizen child,” she told reporters.
“Considering his age, we are calling for a speedy resolution to this case… this 15-year-old has now been held for three weeks in Israeli custody and has seen his parents only once briefly during that night.”
The boy has been charged with rock-throwing, carrying a knife and leading protests, she said, adding that officials from the US consulate in Jerusalem had visited him and attended his hearing on July 22.
“We are concerned about allegations that he’s been mistreated while in custody,” she added, saying there were reports he had been beaten.
“We obviously take all such allegations seriously, raise them with authorities as appropriate.”
Earlier this month, a Jerusalem court ordered another Palestinian American teenager, who was allegedly beaten in police custody, to be released to house arrest for nine days pending an investigation into stone-throwing allegations.
Tariq Abu Khder, also 15, is the cousin of Mohammed Abu Khder, a 16-year-old Palestinian whose kidnap and murder by suspected Jewish extremists had sparked four straight days of riots.
Khder later returned home to Florida.
The United States on Monday called on Iran to release a Washington Post reporter, his wife and two freelancers arrested in Tehran last week.
Tehran’s chief justice Gholamhossein Esmaili on Friday confirmed the arrest of Washington Post correspondent Jason Rezaian, 38, and his wife Yeganeh Salehi.
“We call on the Iranian government to immediately release Mr.
US Treasury Secretary Jacob Lew warned Monday that the surge in companies moving offshore via mergers to skirt US taxes could weaken the country’s finances.
Taking aim at “inversion” deals, Lew said Congress needs to amend tax laws to eliminate takeovers of foreign companies by US firms with the primary aim of seeking an address in a cheaper tax jurisdiction.
Lew said companies had touted up to $1 billion in annual tax savings by moving their address offshore, which could impact the annual budget, $3.8 trillion in the current year.
“By allowing these transactions to continue, we run the risk of eroding our corporate tax base and undoing the progress we have made to reduce our budget deficits,” he said in an opinion piece in the Washington Post.
Lew said Congress should not only raise the bar in the tax laws to make inversions harder, but do so retroactively, so that the law would block the tax benefits of recent multibillion-dollar takeover deals like pharmaceutical giant AbbVie’s acquisition of Dublin-based Shire Pharmaceuticals.
Companies launching inversion takeovers have advertised the tax benefits of giving the target firm 20 percent of the parent, allowing the parent to relocate its head office from the United States to a low-tax haven offshore.
Lew said new legislation should require that the foreign company own at least 50 percent of the US company to allow it to establish a foreign address.
Lew echoed President Barack Obama’s call last week for action against inversions, accusing the companies of benefiting from US laws, universities, and security, while “technically renouncing their US citizenship.”
“I don’t care if it’s legal — it’s wrong,” Obama said.
Lew’s call came as the latest such proposed deal became news.
CREDIT: AP The NCAA and former players suing the organization over its treatment and management of concussions across sports have reached a settlement in the class action case, coming to an agreement that will establish a fund for monitoring of the injuries and new policies for how to treat and respond to them.
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This comic is based on something I read right here on Daily Kos about the Longmont fracking ban ruling. The phrase "sincerely held beliefs" caught my eye, since that's been in the news a lot lately, thanks to the Hobby Lobby ruling. While the judge in the fracking case cited a conflict between the local ban and state law and opened the door to further appeals, it seems like Longmont's concerns about the health effects of fracking go beyond mere "beliefs." You'd think such concerns might be accorded more gravitas than Hobby Lobby's pre-Enlightenment worldview, if a corporate charter can indeed be said to have a cosmology.
Malia Obama’s “Operation: Internship” was a success, according to the First Lady. Even the mayor of Los Angeles was kept in the dark about plans for the President’s 16-year-old daughter to work as a production assistant on the set of CBS’ “Extant” this summer.