March 3rd, 2013
09:01 AM ET
2 years ago

Sperling on Woodward: ‘I think he's a legend’

(CNN) - Gene Sperling, a senior economic aide to the president, said he hopes he and veteran journalist Bob Woodward can look past their recent dustup, which made national headlines and divided the inside-the-Beltway crowd over the interpretation of one word: "regret."

"Bob and I have known each other for 20 years, and we've always had a friendly and respectful relationship," Sperling said Sunday on CNN's "State of the Union."
FULL POST


Filed under: Bob Woodward • Debt • Deficit • Gene Sperling • TV-State of the Union
March 2nd, 2013
05:59 PM ET
2 years ago

5 things: What's next for Washington?

(CNN) - Lawmakers skipped out of Washington last week as the forced spending cuts were set to take effect, but when they return to town, they'll find those and a list of other priorities on their plates.

Here are five things Congress and the White House can expect to confront in the coming weeks.
FULL POST


Filed under: Congress • Deficit • Gun control • Gun rights • Immigration • John Brennan • President Obama
#JediMindMeld drama continues
March 2nd, 2013
12:40 PM ET
2 years ago

#JediMindMeld drama continues

(CNN) -– One person described it as the “ultimate nerd sin.” Others didn’t think it’s so bad. But President Barack Obama took heat online for tangling the Jedi mind trick with the Vulcan mind meld.

Obama said Friday he didn't have the power to "somehow do a Jedi mind meld with these folks and convince them to do what's right" on reaching a deal to avert the forced budget cuts known in Washington as the sequester. The comment came in response to a question from CNN chief White House correspondent Jessica Yellin after the president met with top congressional leaders from both parties.
FULL POST


Filed under: Budget • Deficit • President Obama
Debate ensues on day one of forced spending cuts
March 2nd, 2013
06:00 AM ET
2 years ago

Debate ensues on day one of forced spending cuts

Washington (CNN) – They argued over the forced spending cuts known as sequestration before those cuts took effect, and on the first full day of the cuts being official, Congress and the White House are still bickering over who is to blame.

“It’s happening because Republicans in Congress chose this outcome over closing a single wasteful tax loophole that helps reduce the deficit,” President Barack Obama said in his weekly address on Saturday.
FULL POST


Filed under: Budget • Cathy McMorris Rodgers • Deficit • President Obama
March 1st, 2013
08:37 PM ET
2 years ago

Full Text: Obama signs order implementing forced spending cuts

(CNN) - President Barack Obama signed as required on Friday evening an order implementing the broad forced federal spending cuts, known in Washington as the sequester. He was required to sign the order before 11:59 p.m.

The Office of Management and Budget sent Congress a required explanation of how much each federal account will be cut.

The full text of Obama's order is below the jump.

FULL POST


Filed under: Budget • Deficit
Back on the attack: Romney hits Obama for spending cuts
March 1st, 2013
02:47 PM ET
2 years ago

Back on the attack: Romney hits Obama for spending cuts

(CNN) – Is it 2013–or 2012 again?

Former GOP presidential nominee Mitt Romney blasted President Barack Obama over the forced, across-the-board spending cuts–known in Washington as the sequester–scheduled to kick in Friday.
FULL POST


Filed under: Debt • Deficit • Mitt Romney • President Obama
Transcript: Obama's press conference on spending cuts
March 1st, 2013
01:44 PM ET
2 years ago

Transcript: Obama's press conference on spending cuts

(CNN) – President Obama stepped into the White House Press Briefing Room to give a statement and take questions about the forced spending cuts scheduled to begin Friday.

Find a transcript of the press conference after the jump.
FULL POST


Filed under: Debt • Deficit • President Obama
March 1st, 2013
01:13 PM ET
2 years ago

Shame and blame: Why Washington needs couples therapy

Washington (CNN) – Just two months after the brinksmanship of the "fiscal cliff," Washington is staring at yet another deadline to avoid yet another fiscal calamity of its own making.

But this time, something is different.

FULL STORY

Filed under: Congress • Debt • Deficit • President Obama
No agreement in White House meeting on spending cuts
March 1st, 2013
01:09 PM ET
2 years ago

No agreement in White House meeting on spending cuts

Washington (CNN) – President Barack Obama blamed Congress for failing to prevent forced spending cuts that take effect Friday, saying the reductions will harm economic recovery.

The president had met with with congressional leaders at the White House on Friday morning, but no agreement emerged to avert forced spending cuts that both sides oppose.

FULL STORY

Filed under: Congress • Debt • Deficit • President Obama
4 myths about the spending cuts
March 1st, 2013
11:37 AM ET
2 years ago

4 myths about the spending cuts

New York (CNNMoney) – The political bickering over the automatic spending cuts has done little but cloud the public's understanding of what's going on and why.

So we'll try to set the record straight on at least a few oft-repeated misconceptions.

FULL STORY

Filed under: CNNMoney.com • Debt • Deficit
« older posts
newer posts »