Obama unveils 2012 budget
February 14th, 2011
10:43 AM ET
4 years ago

Obama unveils 2012 budget

(CNN) - Obama unveils $3.7 trillion budget for 2012, including program cuts to reduce deficits by $1.1 trillion over a decade.


Filed under: Budget • CNNMoney.com • President Obama
December 7th, 2010
11:31 AM ET
4 years ago

Stocks cheer tax compromise

NEW YORK (CNNMoney.com) - Stocks moved higher Tuesday as investors welcomed a compromise between President Obama and Republican lawmakers that would extend the Bush-era tax cuts for two years.

The Dow Jones industrial average rose 78 points, or 0.7%, about one hour into the session. The S&P 500 gained 8 points, or 0.7%. The tech-heavy Nasdaq rose 17 points, or 0.7%.
FULL STORY


Filed under: CNNMoney.com • President Obama • Taxes
December 6th, 2010
08:53 AM ET
4 years ago

The Washington Punch List

With the economy front and center, we're keeping a close eye on Congress and Obama. Stay tuned for updates on what they get done – and what gets punted.

Bush tax cuts

Obama and Republicans are playing chicken. Obama wants to let the tax cuts lapse on the rich. The two sides are talking and a likely deal would involve a temporary extension for everyone. Question: What can Obama get? He wants help for the jobless.
Bush tax cuts: Cutting through the noise

Unemployment benefits

Two million people will lose benefits in December because Congress failed to act before Nov. 30. Senate and House have voted down Democratic bills to extend benefits. Obama is pushing to include an extension as part of tax cut deal.
Senate fails to advance jobless benefits bill

FULL STORY


Filed under: CNNMoney.com
Stocks set to dip on Bernanke comments
December 6th, 2010
08:49 AM ET
4 years ago

Stocks set to dip on Bernanke comments

NEW YORK (CNNMoney.com) - U.S. stocks were poised to fall at the opening
bell Monday after Fed chairman Ben Bernanke gave a pessimistic outlook about
the nation's economy.
Dow Jones industrial average, S&P 500 and Nasdaq futures were all down
slightly. Futures measure current index values against perceived future
performance.
FULL STORY


Filed under: CNNMoney.com