Topic: Barack Obama

Obama targets $4 trillion cut in deficit

WASHINGTON (Reuters) - President Barack Obama proposed cutting ballooning U.S. budget deficits by $4 trillion over 12 years on Wednesday and called for talks with Democratic and Republican lawmakers to address the worsening fiscal woes.Obama, who has been criticized by both Democrats ...

Health cuts loom in new U.S. budget fights

WASHINGTON (Reuters) - After a narrow escape from a potentially damaging government shutdown, even bigger budget fights lie ahead for President Barack Obama and leaders from both parties in the U.S. Congress.Senior White House adviser David Plouffe told CNN that Obama's plan ...

Obama to announce plan to reduce long-term deficit

WASHINGTON (Reuters) - President Barack Obama will lay out his approach for long-term deficit reduction later this week, his senior adviser David Plouffe said on Sunday.Obama will look at the Medicare and Medicaid government healthcare programs for the elderly and the poor ...

US Republicans push deep long-term spending cuts

President Barack Obama's Republican foes, warning the debt-heavy US economy is hurtling towards collapse, called Tuesday for trillions of dollars of spending cuts in a politically risky budget plan.Republican Paul Ryan, chairman of the House of Representatives Budget Committee, crafted the party's ...

Republican to call for sweeping Medicare changes

WASHINGTON (Reuters) - A Republican proposal for sweeping changes to Medicare and Medicaid healthcare programs appears unlikely to pass Congress, but could electrify the debate over the budget going into next year's elections.House of Representatives Budget Committee Chairman Paul Ryan is set ...

Republican plan to overhaul U.S.-run health programs

WASHINGTON (Reuters) - Republicans on Tuesday proposed $6 trillion in spending cuts over a decade, including a politically risky overhaul of government-run health programs, while also slashing tax rates as part of their 2012 budget blueprint.The budget proposal comes as Congress and ...

Obama offers states flexibility on healthcare law

WASHINGTON (Reuters) - President Barack Obama extended an olive branch on Monday to U.S. states struggling to implement his healthcare law, offering support for a proposal that would give them some flexibility in carrying out its key parts.Obama's signature healthcare reform plan ...

Obama says will not refight battle over healthcare law

WASHINGTON (Reuters) - President Barack Obama said on Friday his healthcare overhaul is an important part of efforts to cut the budget deficit and insisted he will not "refight" the battle to pass the law.With emboldened Republicans vowing to repeal or replace ...

Geithner says healthcare repeal bad for U.S. economy

WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner on Wednesday said repealing healthcare reforms would damage the economy, as the House of Representatives debated the law's repeal."Repealing the Affordable Care Act would be bad for business and bad for the economy," Geithner ...
Attorney General Eric Holder said Thursday an Obama administration crackdown on health care fraud is paying dividends, recovering more than $4 billion in Massachusetts alone during the past two years.The nation's chief law enforcement officer told attendees at a summit the government ...