Ex-utility exec nominated for Commerce chief
May 31st, 2011
11:23 AM ET
3 years ago

Ex-utility exec nominated for Commerce chief

New York (CNNMoney) - President Obama will nominate the former CEO of the utility company Edison International, John Bryson, to lead the Commerce Department, the White House said Tuesday.

If confirmed, Bryson would succeed Gary Locke, who has been nominated to serve as ambassador to China. Bryson will be officially introduced as the nominee at a Rose Garden ceremony later Tuesday.

FULL STORY

Filed under: Gary Locke • President Obama
Debt ceiling talks: How to cut $1 trillion
May 31st, 2011
11:04 AM ET
3 years ago

Debt ceiling talks: How to cut $1 trillion

New York (CNNMoney) -- The search for budget savings is on.

For the past couple weeks, Vice President Joe Biden and a bipartisan group of lawmakers have held a series of meetings. Their mission: Find money in the federal budget that can be cut and thus pave the way for Congress to raise the debt ceiling.

FULL STORY

Filed under: Debt • Joe Biden
The price of a shutdown
April 7th, 2011
05:37 PM ET
3 years ago

The price of a shutdown

NEW YORK (CNNMoney) - So if the federal government shuts down, taxpayers would save a lot of money, right?

Not quite.

It would actually cost taxpayers money. And for every day the shutdown continues, the bill would go up.

FULL STORY

Filed under: Budget • Congress • Government Shutdown
White House, taxes and the CEO who shall not be named
March 25th, 2011
06:26 PM ET
3 years ago

White House, taxes and the CEO who shall not be named

NEW YORK (CNNMoney) - The Obama administration has been talking about corporate tax reform a lot lately. And so it was on Friday - but not through prepared bullet points.

Reporters peppered White House Press Secretary Jay Carney with questions about a story in the New York Times detailing the efforts of General Electric to avoid paying taxes.

FULL STORY

Filed under: Jay Carney • President Obama • White House
Budget battles: Big Bird under attack
March 4th, 2011
05:26 PM ET
3 years ago

Budget battles: Big Bird under attack

New York (CNNMoney) - Friday was the 155th day the federal government has operated without a budget, and some lawmakers spent it arguing over nickels and dimes.

Republican Sens. Jim DeMint of South Carolina and Tom Coburn of Oklahoma introduced a bill Friday that would save a little more than $400 million a year by stripping all federal funding for the Corporation for Public Broadcasting.

FULL STORY

Filed under: Jim DeMint • Tom Coburn
Budget held hostage: Day 154
March 3rd, 2011
06:04 PM ET
3 years ago

Budget held hostage: Day 154

New York (CNNMoney) - Thursday was the 154th day the federal government has operated without a budget.

It's also the day that President Obama took the reins and deployed top-ranking officials to talk the matter over with congressional leaders from both parties.

FULL STORY

Filed under: Budget • CNNMoney.com
Obama's wackiest budget cuts
February 14th, 2011
03:42 PM ET
3 years ago

Obama's wackiest budget cuts

NEW YORK (CNN Money) - The funding grants nobody wants. The "mobile" policing unit that doesn't get around much. How about the big fancy telescope that has been mismanaged?

President Obama's 2012 proposal lists more than 200 programs that he wants to cancel or cut, for billions in savings.

FULL STORY

Filed under: Budget • President Obama
Gifts to Obama: From flashy to bizarre
January 19th, 2011
06:50 PM ET
4 years ago

Gifts to Obama: From flashy to bizarre

NEW YORK (CNNMoney) - The State Department has released its annual list of gifts from foreign governments to federal employees, and as one would expect, President Obama made out pretty well.

In total, the president racked up 54 gifts with an estimated value of more than $160,000 during 2009, the most recent tally that the government furnishes.

FULL STORY

Filed under: President Obama • State Department
November 9th, 2010
04:24 PM ET
4 years ago

Federal workers vie to save the most money

New York (CNNMoney.com) - Last year, their boss issued a challenge: Give me your best ideas to save money.

Their boss is President Obama, and he has opened the final round of voting on his "SAVE Award" for federal employees. Designed to streamline government by eliminating waste, four finalists are now vying for a chance to meet the president and see their idea implemented.
FULL STORY


Filed under: CNNMoney.com • President Obama
October 29th, 2010
01:32 PM ET
4 years ago

Business bets big on Fiorina

New York (CNNMoney.com) - If former Hewlett Packard CEO Carly Fiorina's bid to become the next senator from California succeeds, she will owe a giant "thank you" to the U.S. Chamber of Commerce.

The Chamber has pumped $4.9 million into the California Senate race to help Fiorina, a Republican, defeat Democratic Sen. Barbara Boxer, according to the Sunlight Foundation, a nonprofit that advocates for transparency in government.
FULL STORY


Filed under: 2010 • Carly Fiorina • CNNMoney.com
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