Today: BARACK OBAMA News, Aug 03, 2011

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Aug 3, 2011

BARACK OBAMA News, Aug 03, 2011

Saga Travel Offers the US President a âFreshmanâ Holiday as he Turns Fifty on August 4th 2011
PRWeb Tue, 02 Aug 2011 21:13 PM PDT
Saga Travel, the leading holidays and cruise operator for the over 50s, is delighted to welcome Americanâs President, Barack Obama, to the âhot 50â club and has compiled a selection of holiday adventures that will definitely raise the âdestination ceilingâ while he grapples with that âotherâ ceiling. Hereâs the companyâs recommendations with ties to Mr.Obamaâs life outside of the White House ...
Obama says US austerity bill only a 'first step'
AFP via Yahoo!Xtra News Tue, 02 Aug 2011 21:12 PM PDT
WASHINGTON (AFP) - US President Barack Obama signed an emergency austerity bill that averted a debt default, but warned the contentious plan was "just the first step" on a long road to economic recovery.
Paul Krugman: Obama surrenders on the debt ceiling
Walnut Creek Journal Tue, 02 Aug 2011 21:12 PM PDT
A DEAL to raise the federal debt ceiling is in the works. If the deal goes through, many commentators will declare that disaster was avoided. But they will be wrong.
Personal Finance: Bond ratings not always key to treasury bill rates
Chattanooga Times Free Press Tue, 02 Aug 2011 21:09 PM PDT
In his address to the nation on July 25, President Barack Obamawarned with certainty that if the credit rating of the United States is downgraded by the rating agencies, "interest rates will skyrocket on credit cards, on mortgages and on car loans, which amounts to a huge tax hike on the American people."
Obama signs debt cap deal; battles ahead
Concord Monitor Tue, 02 Aug 2011 21:09 PM PDT
Senate approves measure 74-26 The Senate yesterday overwhelmingly approved a plan to raise the federal debt limit and cut government spending, ending a bitter partisan stalemate that had threatened to plunge the nation into default and destabilize the world economy. One day after a climactic vote in the House, the Senate easily approved the measure, 74-26, with significant majorities of both ...
Spending cuts, tax hikes both needed
Concord Monitor Tue, 02 Aug 2011 21:08 PM PDT
Yesterday, a majority of Republicans in Congress came to their senses long enough to untie the nation's kidnapped economy from the railroad tracks just before the scheduled default train demolished it. Had he acted sooner, President Obama might have thwarted the hostage-taking by Tea Party Republicans, who refused to raise the nation's debt ceiling unless their demands, which included no tax ...
Susquehanna River commission to study water withdrawal
Elmira Star-Gazette Tue, 02 Aug 2011 21:06 PM PDT
BINGHAMTON â The city will once again play host to a public hearing on the natural gas... - 10:57 pm WASHINGTON -- President BarackObama signed a $2.
ANDREW TAYLOR,Associated Press
Killeen Daily Herald Tue, 02 Aug 2011 21:05 PM PDT
WASHINGTON (AP) â The Senate emphatically passed emergency legislation Tuesday to avoid a first-ever government default, rushing the legislation to President Barack Obama for his signature just hours before the deadline. The vote was 74-26.
Your Comments: "The loopholes MUST be closed"
The Post-Standard Tue, 02 Aug 2011 21:04 PM PDT
Read what syracuse.com user JDSheff had to say about PresidentObama's warning that additional taxes might be needed to balance the federal budget and eliminate the national debt.
Debt is a done deal, but peace truce already fades
Whittier Daily News Tue, 02 Aug 2011 21:03 PM PDT
WASHINGTON - With scant time to spare, President Barack Obamasigned legislation Tuesday to avoid an unprecedented national default that he said would have devastated the U.S. economy. But the truce with Republicans that defused the crisis seemed to be fading already.
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