Obama: Tax avoidance akin to renouncing citizenship
July 24th, 2014
06:06 AM ET
47 minutes ago

Obama: Tax avoidance akin to renouncing citizenship

LOS ANGELES (CNN) – American-based firms that use legal loopholes to avoid paying U.S. taxes have effectively renounced any allegiance to their home country, President Barack Obama will claim during remarks at a community college here on Thursday.

Taking up a harsh new attack against companies that establish residency in tax havens like the Caymen Islands and Bermuda while keeping the bulk of their operations in the United States, Obama will call on Congress to mend a loophole allowing billions in tax revenue to slip through the government's fingers.

A White House official, previewing Obama's remarks, said the President would make the case on Thursday that tax-avoiding companies "are essentially renouncing their American citizenship so that they can ship their profits overseas to avoid paying taxes - even as they benefit from all the advantages of being here in America."    FULL POST


Filed under: Democrats • Economy • Jack Lew • President Obama • Republicans • Taxes • Treasury • Treasury Department • White House
Obama: Washington could do with less 'Scandal'
July 24th, 2014
12:36 AM ET
6 hours ago

Obama: Washington could do with less 'Scandal'

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(CNN) – Olivia Pope may be the best crisis manager - real or fictional - to ever grace Washington.

But that doesn't mean the situations on "Scandal" are anything close to what President Barack Obama wants to see play out in real life.

Speaking during a high-dollar fundraiser at the home of the show's creator, Shonda Rhimes, Obama used a now-familiar phrase - "phony scandals" - to describe what he sees as a petty obsession among the political class.      FULL POST


Filed under: Democrats • Elections • President Obama
July 23rd, 2014
06:00 AM ET
19 hours ago

CNN Poll: Is Obamacare working?

Washington (CNN) – More than half the public says Obamacare has helped either their families or others across the country, although less than one in five Americans say they have personally benefited from the health care law, according to a new national poll.

A CNN/ORC International survey also indicates that a majority of Americans oppose the Affordable Care Act, but that some of that opposition is from people who don't think the measure goes far enough.

FULL POST

July 23rd, 2014
06:00 AM ET
19 hours ago

CNN Poll: Obama's numbers not great but holding steady

Washington (CNN) - President Barack Obama's poll numbers are nothing to brag about, but there's little evidence he has suffered so far this year a "Katrina moment" that caused his predecessor's numbers to plummet.

A new CNN/ORC International survey indicates that public opinion of the President has barely budged in the wake of new challenges that Obama has faced this year.

FULL POST

Acknowledging global unrest, Obama forges ahead with fundraising swing
July 23rd, 2014
01:11 AM ET
23 hours ago

Acknowledging global unrest, Obama forges ahead with fundraising swing

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SEATTLE (CNN) - As President Barack Obama helped Democrats bank millions in campaign cash on Tuesday, he acknowledged his administration is confronting "some big overseas challenges" in the Middle East, Ukraine and elsewhere.

Speaking at a fundraiser in a wealthy enclave of Seattle, Obama said there is a sense among Americans "that around the world the old order isn't holding and we're not quite where we need to be in terms of a new order that's based on a different set of principles."

Overseas, Israel continues its ground invasion of Gaza and investigators continue to probe the downing of a Malaysia Air jetliner over Ukraine. Some Republicans and pundits have chastised Obama for maintaining his three-day fundraising swing on the West Coast, though his aides argue the President can do his job from anywhere.

FULL POST

July 22nd, 2014
08:31 AM ET
2 days ago

Obama set to rake in millions, despite criticism of fundraising during tumult

Seattle (CNN) – Republicans and some political pundits have taken sharp aim at President Barack Obama for maintaining his fundraising schedule amid a period of global unrest.

Not among those complaining? Democrats who stand to benefit from the millions of dollars in campaign cash Obama will help pull in this week during a three-day West Coast swing, bringing him into the homes of entertainment and real estate bigwigs in Seattle, the Silicon Valley and Los Angeles.

FULL POST

July 21st, 2014
04:01 PM ET
3 days ago

CNN poll: Favorable views of Russia drop following Malaysian airliner crash

Washington (CNN) - Most Americans say Russia is directly or indirectly responsible for the downing of a Malaysia Airlines jetliner over eastern Ukraine, and unfavorable opinions of Russia have surged, according to a new national poll.

A CNN/ORC International survey conducted Friday through Sunday also indicates that nearly nine in 10 say that Moscow and pro-Russian rebels that control the area where Flight 17 crashed last week will try to cover something up in any international investigation.

FULL POST

Obama offers rules for success as he expands program for young minority men
July 21st, 2014
01:19 PM ET
3 days ago

Obama offers rules for success as he expands program for young minority men

Washington (CNN) - Setting daily goals. Keeping an open mind. Separating honest criticism from blind "hating."

Those were a few pieces of advice President Barack Obama offered young men of color on Monday as he announced an expansion of his program meant to improve the future prospects of African-American and Hispanic boys.

FULL POST


Filed under: President Obama
July 19th, 2014
04:05 PM ET
3 days ago

Protestors vent anger at 'alien invasion' of U.S. in 2-day nationwide protests

Washington (CNN) – They're mad as hell and don't want to take it anymore.

Amid the surge of unaccompanied immigrant children illegally crossing into the U.S. along the southern border, some Americans are venting their anger in the streets on Friday and Saturday, calling it an "alien invasion" of the U.S. and warning of a national security and "health and safety concern."

"It is a sad state of affairs for those kids," one protester said. "But it's not our job to take care of them."

Throngs of Americans are participating in a so-called "National Day of Protesting Against Immigration Reform, Amnesty & Border Surge."  An announcement lists events in all 50 U.S. states and the District of Columbia over the two days.

FULL POST


Filed under: Immigration • President Obama
Obama to discuss immigration crisis with Central American leaders
July 18th, 2014
05:54 PM ET
3 days ago

Obama to discuss immigration crisis with Central American leaders

Washington, (CNN) - The White House announced Friday that leaders from three Central American countries will meet with President Obama next week to discuss the ongoing immigration crisis at the U.S.-Mexico border.

Obama will hold talks with President Otto Perez Molina of Guatemala, President Juan Orlando Hernandez of Honduras, and President Salvador Sanchez Ceren of El Salvador on July 25.

FULL POST


Filed under: Immigration • President Obama
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