President Obama News

President Says Government to Help Arkansas Rebuild After Storms

Surveying the remnants of nature’s destructive power in the country’s midsection, President Barack Obama on May 7 pledged to residents of tornado-ravaged Arkansas communities that their government will stand with them until they finish rebuilding. Obama said he wanted to …

Insurance Agents and the 2012 Election: Interview with Big I CEO Rusbuldt

When it comes to the 2012 presidential election, insurance agents have, as industry insiders like to say, “skin in the game.” In addition to being concerned with how the overall economy will perform under either a re-elected President Barack Obama …

Obama Budget Seeks Higher Taxes on Big Business

President Barack Obama’s 2013 budget proposal, released on Monday, calls for raising hundreds of billions of dollars from U.S.-based global companies, while ending cherished deductions and tax breaks for oil companies and other big firms. Resembling previous proposals from the …

President Obama Insured Against Attack While in Australia

This coverage isn’t the U.S. health care law. When President Barack Obama visits Australia’s Northern Territory today, he will be presented with insurance coverage against attack — crocodile attack. The territory’s chief minister, Paul Henderson, said he will give Obama …

Business Group, 26 States Take Healthcare Law Challenge to Supreme Court

Twenty-six states and a small business group appealed Wednesday to the Supreme Court seeking to strike down all of President Barack Obama’s signature 2010 healthcare law. The states and the National Federation of Independent Business said in separate appeals the …

Supreme Court to Hear Federal Healthcare Mandate

The Obama administration Monday cleared the way for the Supreme Court to decide in its 2011-12 term the president’s signature healthcare law that requires Americans to buy insurance or face a penalty. A Justice Department spokeswoman said it decided against …

Obama Deficit Plan Targets Farm Subsidies, Crop Insurance

President Barack Obama on Monday proposed to end a “direct payment” subsidy that gives $5 billion a year to farmers regardless of need, as part of his larger effort to reduce the federal budget deficit. Direct payments, created in 1996 …

President Obama Endorses House Flood Insurance Bill in Deficit Plan

President Barack Obama endorsed key elements of a U.S. flood insurance reform bill passed by the House in the tax and deficit plan he unveiled Monday, even as the reform has stalled in the Senate without a clear path forward. …

Appeals Court to Expedite Obama Healthcare Appeal

A U.S. Appeals Court agreed Friday to speed up the timetable for the Obama administration’s appeal of a federal judge’s ruling that struck down landmark healthcare overhaul law. The Court of Appeals for the 11th Circuit in Atlanta said it …

Obama Administration Appeals Florida Judge’s Healthcare Ruling

The Obama administration Tuesday appealed a U.S. judge’s ruling in Florida that struck down its landmark healthcare overhaul law as unconstitutional because it required Americans to buy healthcare insurance or face a penalty. President Barack Obama’s Justice Department filed its …