Tag: Barack Obama
Obama proposes 2,000 million fund for clean energy research
U.S. President Barack Obama today proposed the creation of an Energy Security Fund in the amount of 2,000 million dollars over the next 10 years to fund research into cleaner and more efficient technologies. “This is economic security. When fuel prices soar, is more complicated to plan investments and create new jobs,” Obama said in [...]
The U.S. deficit dropped 12 percent in February
The U.S. deficit in February fell 12 percent year on year to 203,500 million dollars, said the Treasury Department. The data is good news for the Obama administration, which seeks to reduce the difference between income and expenses at the end of this fiscal year ending September 30 below a billion dollars. In the first [...]
Obama rejects Republican anti-deficit plan
Republicans on Tuesday published a proposal to reduce the deficit in the United States within 10 years, a plan that was rejected by President Barack Obama, who came to Congress to boost the priority projects of the government. The Republican plan, released Tuesday by the chairman of the Budget Committee of the House of Representatives, [...]
More Trade Agreement Needed To Foster Economic Growth
The U.S. president, Barack Obama, said the signing of more trade agreements must be an important part of government efforts to bolster economic growth and create jobs. Obama says that further trade agreements to help create jobs in this country. “Part of this is to ensure the realization of strong trade agreements,” Obama said at a [...]
Obama insists on avoiding further cuts
The U.S. president, Barack Obama, insisted today avoid public spending cuts in order that the economy continues to recover, and said his priority is to make sure “turn the real engine of growth.” In his address Saturday, Obama said on Friday announced “some good news” about it, remembering that the private sector created 250,000 new [...]
Obama will continue to seek an agreement with the opposition
U.S. President Barack Obama on Saturday expressed their determination to continue their efforts to negotiate with their Republican opponents in order to facilitate the approval by Congress of the issues considered crucial. The president made the promise after meeting this week with key Republican lawmakers to discuss a range of topics, including the drastic budget [...]
The U.S. House of Representatives Approves Republican Spending Project
The U.S. House of Representatives on Wednesday passed the Republican project to fund the federal government through the end of September, the first step in avoiding the crisis causing the partial shutdown of some public services from March. The House passed with 267 votes in favor and 151 against the project to finance the government [...]
Fitch Threatened To Downgrade The U.S.
The Fitch rating agency on Monday urged the newly elected U.S. president, Barack Obama, to seek agreement in Congress to avoid “tax precipice”, because otherwise degrade the highest grade of “AAA” that gives the debt sovereign country. “As the negative outlook reflects the rating applied to the failure to prevent the fiscal precipice raise the [...]
Obama ensure that reductions in companies in Madrid or Paris may affect factories in the U.S.
The U.S. President Barack Obama today stressed the need to maintain a strong Europe because job cuts in Madrid or Paris, for example, may affect U.S. manufacturing. The president said at the end of the G8 meeting in Camp David, that all leaders agree that “growth and jobs should be the top priority.” “A stable [...]
Obama Asks Congress to Advance Financial Reform
U.S. President Barack Obama today urged Congress to move forward in reforming the financial system which he described as “intelligent, forceful and sensible” and prevent “recurrence” a crisis like the 2008. “In the last three and half years, we have been struggling to recover from a historic economic crisis caused by the terrifying irresponsibility of [...]
