Politics - Bloomberg

Feb. 26 (Bloomberg) -- President Barack Obama proposed spending $634 billion to expand U.S. health care, financing the “down payment” with increased taxes on wealthy Americans and less government money for some drugmakers and health insurers.

Feb. 26 (Bloomberg) -- President Barack Obama’s first budget request includes a contingency for as much as $750 billion in new aid to the financial industry this year while laying plans for a health-care system overhaul and higher taxes on the wealthy.

Feb. 26 (Bloomberg) -- President Barack Obama is urging an end to government subsidies for student loan providers such as Sallie Mae and Citigroup Inc., with the government becoming the sole provider of federally backed college lending.

Feb. 26 (Bloomberg) -- President Barack Obama won’t let nuclear waste be stored at Yucca Mountain in Nevada, rejecting the project after 20 years of planning at a cost of at least $9 billion.

Feb. 26 (Bloomberg) -- President Barack Obama today will seek $205.5 billion more for combat operations in Iraq and Afghanistan, including $75.5 billion through the end of this fiscal year, according to three people familiar with the request.

Feb. 26 (Bloomberg) -- President Barack Obama’s budget plan assumes $78.7 billion in revenue in 2012 from the sale of greenhouse-gas emission permits to polluters, putting pressure on Congress to pass legislation by early next year.

Feb. 26 (Bloomberg) -- Jody Freeman, a Harvard law professor, helped press the Bush administration in a lawsuit to regulate greenhouse gases. Now, she is counseling President Barack Obama on how best to combat global warming.

Feb. 25 (Bloomberg) -- President Barack Obama framed the U.S. economic crisis as an opportunity to solve some of the nation’s most intractable issues and signaled that more taxpayer money would be needed to end the credit crunch.

Feb. 25 (Bloomberg) -- Republican Louisiana Governor Bobby Jindal called President Barack Obama’s economic-stimulus plan “irresponsible,” and said it will inflate taxes and the federal deficit in an address establishing himself as a leading critic of the new administration’s economic policies.

Feb. 26 (Bloomberg) -- President Barack Obama proposed spending $634 billion to expand U.S. health care, financing the “down payment” with increased taxes on wealthy Americans and less government money for some drugmakers and health insurers.

Feb. 26 (Bloomberg) -- President Barack Obama will block the 20-year-old project to store U.S. nuclear waste at Yucca Mountain in Nevada and devise a new solution, the Energy Department said.

Feb. 26 (Bloomberg) -- President Barack Obama would end government subsidies for student loan providers such as Sallie Mae and Citigroup Inc., with the government becoming the sole provider of federally backed college lending.

Feb. 26 (Bloomberg) -- President Barack Obama proposed spending $634 billion to expand U.S. health care, financing the “down payment” with increased taxes on wealthy Americans and less government money for some drugmakers and health insurers.

Feb. 26 (Bloomberg) -- President Barack Obama’s first budget request would provide as much as $750 billion in new aid to the financial industry, as it lays plans to overhaul the U.S. health-care system and raise taxes on the wealthy.

Feb. 26 (Bloomberg) -- President Barack Obama is proposing the first tax increase on high-income earners in 16 years to help pay for sweeping health-care reforms, asking the U.S. Congress to cap the tax deductions for affluent Americans.

Feb. 26 (Bloomberg) -- President Barack Obama’s first budget request would provide as much as $750 billion in new aid to the financial industry, as well as overhaul the U.S. health-care system and launch a program to cut carbon-dioxide emissions.

Feb. 26 (Bloomberg) -- President Barack Obama is proposing to expand U.S. health coverage, seeking the first tax increase on high-income earners in 16 years and overhauling payments to private insurers to help foot the bill.

Feb. 26 (Bloomberg) -- President Barack Obama’s first budget request would provide as much as $750 billion in new aid to the financial industry, as well as overhaul the U.S. health-care system and launch a program to cut carbon-dioxide emissions.

Feb. 26 (Bloomberg) -- President Barack Obama will reverse a U.S. plan to ship nuclear waste to Yucca Mountain in Nevada, Senate Majority Leader Harry Reid, the senior senator from the state, said in a newsletter to his constituents.

Feb. 26 (Bloomberg) -- President Barack Obama’s budget plan includes revenue from the sale of greenhouse-gas emission permits to polluters, putting new pressure on Congress to pass such legislation by early next year.

Feb. 25 (Bloomberg) -- Projects that emit greenhouse gases anywhere in the U.S. could be blocked under a Democratic proposal because of potential harm to endangered species, Republican lawmakers said.

Feb. 25 (Bloomberg) -- Duke Energy Corp. and investors such as BlackRock Inc., the biggest publicly traded asset manager in the U.S., today backed President Barack Obama’s push for a “market-based cap” on greenhouse gas emissions.

Feb. 25 (Bloomberg) -- While U.S. President Barack Obama criticized Wall Street bonuses, his stimulus plan offers bankers the opportunity to boost fees with incentives that may lead to $65 billion in municipal bond sales.

Feb. 25 (Bloomberg) -- President Barack Obama began his push for a “market-based cap” on greenhouse gas emissions, telling Congress that clean, renewable sources of energy are needed to “transform” the nation’s struggling economy.

Feb. 25 (Bloomberg) -- David Denison, who oversees investments for Canada’s pensions, says his country’s banks are the best in the world right now and Barack Obama, like so many money managers from Beijing to Paris, can’t disagree.

Feb. 25 (Bloomberg) -- President Barack Obama began his push for a “market-based cap” on greenhouse gas emissions, telling Congress that clean, renewable sources of energy are needed to “transform” the nation’s struggling economy.

Feb. 25 (Bloomberg) -- President Barack Obama called surging health costs a drag on the economy, and said Congress needed to overhaul health care this year.

Feb. 25 (Bloomberg) -- President Barack Obama pledged U.S. government support to make sure the U.S. has the world’s highest graduation rate by 2020, instead of one of the top high-school dropout rates in the industrialized world.