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  • Tagged President Barack Obama

    Obama to announce $50 billion infrastructure job plan

    Posted on September 6, 2010 by Dana Salvo

    (Reuters) - President Barack Obama will announce on Monday a six-year plan to revamp the United States’ road, railways and runways with a $50 billion up-front investment to jump-start job creation, the White House said.

    Obama says Iraq war is ending, his promise is kept

    Posted on August 29, 2010 by Dana Salvo

    (Reuters) - President Barack Obama said on Saturday Iraq could “chart its own course” and told Americans the drawdown of U.S. troops helped fulfill a promise he made during the 2008 presidential campaign.

    Obama commits nearly $2 billion to solar companies

    Posted on July 4, 2010 by Dana Salvo

    (Reuters) - President Barack Obama, under pressure to spur job growth, said on Saturday two solar energy companies will get nearly $2 billion in U.S. loan guarantees to create as many as 5,000 green jobs.

    Obama calls for bank tax as next step in reform

    Posted on June 27, 2010 by Dana Salvo

    (Reuters) - President Barack Obama, fresh from a win on a sweeping overhaul of Wall Street regulations, on Saturday urged Congress to take up his proposal for a $90 billion, 10-year tax on banks as the next step in reform.

    New regulations likely as U.S. probes big stock dive

    Posted on May 8, 2010 by Dana Salvo

    (Reuters) - President Barack Obama said on Friday that regulators would look for ways to prevent a repeat of Thursday’s mysterious stock market meltdown, adding to expectations the U.S. government will make new regulations to curb runaway computer trading.

    Votes uncertain as healthcare endgame looms

    Posted on March 7, 2010 by Dana Salvo

    (Reuters) - President Barack Obama’s top healthcare official on Sunday urged quick passage of stalled healthcare reform legislation, but a top Democrat said they did not yet have the votes in Congress.

    U.S. consumer spending up again

    Posted on March 2, 2010 by Dana Salvo

    NEW YORK (Reuters) - U.S. manufacturing grew in February, though more slowly than expected, while consumer spending rose for a fourth straight month, showing the economy continued a modest recovery.