Related Content: President Obama

Obama Readies Plan to Cut Corporate Tax Rate

On The Radar

The Obama administration will propose today reducing the U.S. corporate tax rate to 28 percent from 35 percent along with removing tax breaks for companies to help offset lost revenue, an administration official said. The plan would eliminate dozens of tax breaks and reshape the current manufacturing deduction to reduce the tax rate on manufacturing to 25 percent, according to the official, who outlined the proposal on condition of anonymity because it hadn’t been released.

Obama’s Tax Policy Targets Rising Sector of His Base: The Affluent

On The Radar

Partisan clashes over President Obama’s proposed tax increases have obscured something remarkable: that the affluent Americans targeted by his policy represent a growing share of his own party’s base. You would not know it from Republican cries of class warfare swirling around Mr. Obama’s new budget, which reiterates his calls for higher taxes on individuals earning more than $200,000 and households earning more than $250,000.

Obama’s Trip West Fills His Campaign’s Coffers

On The Radar

If there were any doubts that President Obama had plunged fully into his re-election campaign, they were erased on Thursday as the president spent an entire day hopscotching some of California’s fanciest neighborhoods in search of dollars to finance his bid for a second term.
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President Obama, Speaking at L.A. Fundraiser, Points to Positive Changes

On The Radar

While acknowledging that "change is hard," President Obama touted the nation's economic progress on his watch during a celebrity-studded fundraising stopover Wednesday night in Los Angeles. Addressing a crowd of about 1,000 at an outdoor reception, Obama needled Angelenos about the weather — "You're all cold. This is balmy, people" — then talked about the change he promised in the 2008 campaign, and the depth of the nation's economic troubles when he took office.

Congress hammers out deal to extend payroll tax cut

On The Radar

Congress reached an agreement late Wednesday to extend the temporary payroll tax cut and long-term unemployment benefits for an additional 10 months as part of a $150 billion legislative compromise. Lawmakers are likely to pass the bill and send it to President Obama by the end of the week.
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Economy Boosts Obama in New Poll

On The Radar

CNBC's John Harwood has the details on a new poll which shows President Obama's popularity is on the rise.

Obama Budget Optimistic on Economic Growth, Again

On The Radar

President Obama’s economists are nothing if not optimistic. In the fiscal year 2013 presidential budget request, they’ve once again forecast higher future growth than their private-sector peers – about a half-point of gross domestic product growth more, per year, than the 45 economists included in the Philadelphia Fed’s Survey of Professional Forecasters.
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Contraception Debate Drowns Out Budget Talk

On The Radar

The new White House chief of staff, Jacob J. Lew, made the rounds of the Sunday talk shows to discuss the budget that President Obama is to release on Monday, but instead he was forced repeatedly to defend the administration’s effort to guarantee that insurers cover birth control for women in the face of criticism from religious groups.
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Obama Pitches Middle While GOP Eyes Base

On The Radar

The dustup over contraception underscored President Barack Obama's political edge in working to attract independent voters without alienating his Democratic base. His Republican rivals are forced to keep emphasizing their conservative credentials to attract the right-leaning activists who dominate the nominating contests.
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Obama Opens Up About Drone Strikes in Pakistan

On The Radar

President Obama offered a vigorous defense of using unmanned aircraft to kill Al Qaeda operatives and other militants in Pakistan's tribal areas and, in the process, officially acknowledged the highly classified CIA drone program that U.S. officials had refused to discuss in public until now.
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