Barack Obama, Michelle Obama | featured news

President Obama and first lady Michelle Obama paid more than $112,000 in taxes in 2012, an effective federal income tax rate of more than 18% for 2012, according to the White House. The Obamas and Vice President Biden and his wife released their tax returns Friday, three days before the April 15 tax filing deadline. The Obamas' adjusted gross income for the year was $608,611. The president earned more than $394,000 in salary, and the Obamas took in $258,000 in book royalties.

The election is still three weeks away, but first lady Michelle Obama voted for the president on Monday. "The president and first lady are making history by voting early in person and by mail in order to promote the ease, convenience, and importance of voting," the Obama campaign said in a press release on Monday.

President Barack Obama on Monday sought to woo women voters at a taping of the daytime talk show "The View," by flirting with his wife and bearing gifts for the hosts, but he could not escape tough questions on the economy that have dominated the election.

If Barack Obama is re-elected on November 6, he will owe more to his first lady than any president ever to win a second term. On Tuesday night in Charlotte, North Carolina, Michelle Obama gave one of the finest speeches ever delivered at a national political convention. More important, it could have more impact on the immediate future of the country than her husband's celebrated 2004 keynote address to the Democratic National Convention in Boston.

President Barack Obama and first lady Michelle Obama will honor a diverse cross-section of political and cultural icons - including former Secretary of State Madeleine Albright, astronaut John Glenn, basketball coach Pat Summitt and rock legend Bob Dylan - with the Medal of Freedom at a White House ceremony Tuesday....

President Barack Obama and first lady Michelle Obama made $5.5 million in income in 2009 and paid $1.79 million in federal taxes, according to income tax returns released Thursday.