Barack Obama, Presidential Address | featured news

Markets declined on Friday in the wake of President Obama’s jobs speech that added to the uncertainty already weighing on global markets over the euro zone.

Mr. Speaker, Mr. Vice President, Members of Congress, and fellow Americans: Tonight we meet at an urgent time for our country. We continue to face an economic crisis that has left millions of our neighbors jobless, and a political crisis that has made things worse.

President says the expanding oil spill in the Gulf of Mexico is "the most painful and powerful reminder yet that the time to embrace a clean energy future is now."

The chairman of the Rhode Island Republican Hispanic Assembly and member of the Republican Central Committee says he has quit the GOP because he was embarrassed by South Carolina Rep. Joe Wilson's outburst during President Obama's address to Congress on Sept. 9.

President Obama said in his weekly radio address that the world’s leading economic powers had progressed in stabilizing the financial system but that work remained.

Louisiana Gov. Bobby Jindal took a swipe at federal spending to monitor volcanoes in the GOP response to President Obama's address to Congress. That has the mayor of one city in the shadow of Mount St. Helens fuming. "Does the governor have a volcano in his backyard?" the mayor of Vancouver, Washington, said.

Five weeks into an administration already marked by dramatic highs and lows, President Obama sounded a note of hope at a time of crisis tonight, delivering an address to a joint session of Congress heavily focused on the ailing economy and how to fix it.