Obama warns spending cuts could hurt U.S. recovery
WASHINGTON (Reuters) - President Barack Obama warned on Tuesday that immediate, deep budget cuts could hurt the fragile economic recovery, but Republicans pressed to slash spending and brushed off concerns about potential job losses. | Video
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Senate votes to renew anti-terrorism provisions
WASHINGTON (Reuters) - The Senate approved a bill on Tuesday to extend for 88 days three provisions of the anti-terrorism Patriot Act set to expire in two weeks.
Lawmakers target big bank dividend increases
WASHINGTON/CHARLOTTE, North Carolina (Reuters) - Seven U.S. Democratic lawmakers expressed concern on Tuesday that big banks, some of which are still benefiting from government financial support, plan to boost their dividends and reduce capital.
Obama awards freedom medals to Bush, Merkel, Buffett
WASHINGTON (Reuters) - President Barack Obama awarded America's highest civilian honor, the Presidential Medal of Freedom, on Tuesday to an eclectic group ranging from a Republican predecessor to artists and civil rights figures. | Video
Letters to Obama from Americans becoming a book
WASHINGTON (Reuters) - President Barack Obama may have inadvertently stolen an author's thunder on Tuesday when he told the country that someone is working on a book about the 10 letters from regular Americans that he reads every night.
Florida's Scott takes businessman's ax to budget
MIAMI (Reuters) - Many newly elected Republican governors have pledged to run their states like a business as they grapple with low revenues and multibillion-dollar budget gaps with little relief from a fragile U.S. economic recovery. | Video
Washington grow up? Don’t hold your breath
President Obama said he wants a mature discussion between politicians of all stripes as the White House and Congress try to make tough decisions on spending and taxes and deal with a ballooning deficit.
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