Topic: Jacob Lew
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Vox News
Limbaugh vs. Maher: Which one's words were worse?
As the Rush Limbaugh-Sandra Fluke controversy enters its second week, conservatives work to shift the conversation to left-leaning comedian Bill Maher and his rude comments about women.
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Does Obama blueprint reduce budget deficit fast enough? (+video)
US budget deficit, which has hit $1 trillion for four straight years, would fall to $900 billion in 2013, under Obama's budget blueprint released Monday. It is slated to keep falling, but even by 2018 would barely satisfy credit-rating firms.
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Health insurance plan: No more changes on birth control rule
Health insurance program's new rule on contraceptive coverage, after Obama's compromise for religious groups, will have no other changes, says White House chief of staff. But US Catholic bishops say they will still challenge health insurance plan in the courts.
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Al Qaeda's Zawahiri calls for war to oust Syria's Assad
In a video message, Al Qaeda leader Ayman al-Zawahiri called for Muslims to rally for a war to oust Syria's Bashar al-Assad.
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As birth control flap goes on, who benefits most? Santorum? Obama?
The two sides are hardening their positions on contraception. The divide between many Catholics and bishops remains. And it’s raising questions over who benefits in the presidential election.
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Obama's budget offers short-term help for economy
President Obama will send Congress a budget that provides short-term help to a struggling economy while offering a long-term plan to deal with soaring deficits. Republicans say it's more of the same failed solutions.
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White House chief of staff resigns at crucial moment for Obama (+video)
White House Chief of Staff William Daley will be replaced by Jacob Lew, President Obama said Monday. The influential post is particularly important in an election year.
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Government shutdown avoided after disaster relief vote
The Senate voted to fund the government through Nov. 18, after the latest stand-off between House Republicans and Democrats over disaster relief.
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Debt ceiling crisis: another day without resolution as the clock ticks
The political dance over the US debt ceiling crisis continued Sunday with the possibility that top lawmakers could be summoned to the White House, although no meeting had been scheduled.
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Tax VOX
Obama, where are your economists?
Politicians need a team of stellar economists for advice during campaign season, and Obama seems to have lost his
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Medicare vouchers plan shelved for now
Medicare reform passed the House. But GOP leaders say they won't push Medicare vouchers in the current round of spending talks.
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Taxes and the rich: How much do they pay now?
As Republicans square off with the Obama administration on how much to tax the wealthiest Americans, a new report suggests the overall tax burden does not vary much by income level.
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Was Obama's speech too fiery? Why he was so harsh on GOP budget plan.
President Obama's campaign-style rhetoric reached for the Democratic base, and may be an acknowledgement that a deficit-reduction deal is unlikely before the 2012 election.
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Deficit reduction: Is Obama's $4 trillion goal big enough?
Though their plans differ dramatically, President Obama and the GOP agree that the deficit needs to be reduced by about $4 trillion over the next 10 to 12 years, in order to reassure credit markets and get the debt under control.
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Donald Marron
The long term keeps getting shorter
The language to describe long-term and short-term budgets in the US is confusing
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Budget cuts: White House says it has come halfway to meet GOP
As talks began with GOP leaders, the White House argued that its budget negotiating position is reasonable. It also offered up $6 billion in additional budget cuts.
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Q&A with OMB Director Jacob Lew
Budget director Jacob Lew commented on the role of Social Security in solving major budget problems, reports of bipartisan Senate deficit talks, and whether there are contingency plans for a shutdown of the US government at a Feb. 17 Monitor lunch.
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Video: Backroom bipartisan talks 'positive,' says Obama budget director
Jacob Lew responded Thursday to a report that some senators are working on legislation that would trigger tax hikes and spending cuts if Congress fails to live within spending targets.
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Did Obama ignore his own deficit commission on federal budget?
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.
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Obama's 'have it all' budget: Can he cut, spend, and grow?
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.
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Obama’s Valentine’s Day budget: No roses or bon-bons for the GOP
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.
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What Obama needs to achieve in his State of the Union address
The State of the Union address is expected to lay out five ‘pillars’ for ‘winning the future’ – education, infrastructure, innovation, deficit reduction, and reform of government.
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Obama team plans for 2011 – and for 2012
Obama and his senior staff are hard at work on the size and shape of his White House team as they prepare for the 2012 elections. He hopes to spend more time outside of Washington.
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Deal in the works on Bush-era tax breaks and help for the jobless
Following Senate votes Saturday, party leaders say a compromise is likely involving an extension of Bush-era tax breaks for all income levels, plus an extension of unemployment benefits.
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The Vote
Hammered in the Senate, Democrats must negotiate on tax cuts
After two Saturday votes, Obama and Democrats in Congress are forced to negotiate over Bush-era tax cuts, now more likely to be extended for all Americans – including the wealthy.
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