Obama sees a push to innovate as the answer to a stalled economy and falling US status. Critics say staying on the cutting edge is not what ails America.
President Obama's proposed $3.7 trillion dollar federal government budget works some economic magic, from disappearing programs to mystery funding sources. Here’s a look at five key head-scratchers in the 2012 budget:
California cities are adopting 'crash taxes' that fine out-of-town motorists who are found at fault in accidents that require a response from emergency personnel. The fines can exceed $2,700.
Critics complain that President Obama's federal budget doesn't trim entitlement programs like Medicare and Medicaid. But Obama said that reform will come about through bipartisan negotiation.
A report on 'Patronage, Cronyism and Criminality' in Chicago is released in the waning days of the campaign. The next mayor, the authors say, has the power to end the city's scourge.
Critics claim that the federal budget proposed by President Obama does nothing to tackle the structural causes of the deficit. Others counter that the time might not be right to go to battle over the deficit commission's findings.
The Obama budget proposal for 2012 includes significant funding increases for scientific research and science education. But some supporters of an innovation agenda say it isn't ambitious enough.
Donald Trump told the CPAC gathering last week that Rep. Ron Paul had zero chance of being elected president. Paul hit back Monday. Who wins the presidential tale of the tape?
The White House Office of Management and Budget (OMB) puts in hours and hours of overtime coordinating figures as it prepares the president's budget.
Obama's $3.7 trillion budget proposal would produce a $1.1 trillion deficit for fiscal 2012 – less than this year’s projected deficit of $1.65 trillion. Republicans, predictably, call for more spending cuts.
President Obama's FY 2012 budget lands on congressional desks Monday. Republicans are unimpressed, which sets the scene for a long fight over spending, taxing, and deficit reduction.
Bending to party conservatives – notably tea partiers – House GOP leaders propose steep cuts in many popular programs for the rest of the fiscal year. Will it lead to a government shut-down?
Arizona is suing the federal government, saying the Obama administration has failed to uphold its duty to prevent rampant illegal immigration. It's Arizona's latest bid to undercut federal authority.
Friday was the final press briefing for Robert Gibbs, White House press secretary. President Obama dropped by to give back a famous tie and Gibbs revealed his least favorite topic.
Half of the 11,000 attendees at the Conservative Political Action Conference (CPAC) are college students. They're hoping to reproduce the youth enthusiasm of 2008 – but this time against Obama.
The White House proposes to 'wind down' mortgage giants Fannie Mae and Freddie Mac. But they've been deeply entwined in the US mortgage market for decades. A look at how we got here.
The White House unveils three options for getting rid of mortgage giants Fannie Mae and Freddie Mac and recasting the American mortgage market. We explain excerpts from the report here.
The possible GOP presidential candidate chided Obama's 'European-style' rule. But in Friday's speech at CPAC, Mitt Romney avoided a topic on which he may be vulnerable: health care.