Colleges Expand Aid to Draw Students in Downturn

With the economy forcing budget cuts and layoffs in higher education, colleges and universities might be expected to be cutting financial aid. But no.
Students considering a wide range of private schools, as well as those who are already enrolled, can expect to get more aid this year, not less.
The increases highlight the hand-to-mouth existence of [...]

Sharper Downturn Clouds Obama Spending Plans

The economy is spiraling down at an accelerating pace, threatening to undermine the Obama administration’s spending plans, which anticipate vigorous rates of growth in years to come.
A sense of disconnect between the projections by the White House and the grim realities of everyday American life was enhanced on Friday, as the Commerce Department gave a [...]

GOP Wants Obama To Veto $410B Bill With 9,000 Earmarks

House Republicans renewed their call on Friday for President Barack Obama to veto a $410 billion spending bill to fund the government, arguing that the almost 9,000 earmarks in the bill violate his campaign promise to limit excessive spending.
Republicans sent the president a letter on Friday complaining that the so-called omnibus spending bill “openly defies [...]

Politico – ‘Movers & Shakers’ Comment On Iraq and Budget

Comment on this week’s events from some of the blog world’s most vocal pundits
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POLITICO’s daily debate with policymakers and opinion shapers

Dems Buck Obama, McCain And GOP Give Thumbs Up To Iraq Withdrawal Plan

WASHINGTON – President Barack Obama won crucial backing Thursday for his Iraq military drawdown plan from leading congressional Republicans, including Senator John McCain, the party’s presidential nominee who spent much of last year debating the war with Obama.
As the president prepared to fly to Camp Lejenue, North Carolina, on Friday to announce his decision to [...]

Obama Hits Back At Democratic Doubters Over Iraq Plan

Appearing on PBS’s “NewsHour With Jim Lehrer,” President Barack Obama had some advice for Democrats expressing surprise at his newly defined Iraq policy: Start listening.  “They, maybe, weren’t paying attention to what I said during the campaign. I said that we were going to take 16 months to withdraw our combat troops from Iraq. We [...]

Typical Tax Cuts For You and Your Family

A typical American family would get a tax cut under President Barack Obamas budget proposal, and their low-income neighbor would fare even better.Their wealthier counterparts, however, would face some steep tax increases, starting in 2011. Families making as much as $50,000 would owe no federal income taxes , as long as they have at [...]

Democrats Concerned Obama’s Iraq Withdrawal Plan Is Insufficient

Top Democrats have expressed concern over President Obama’s plan to draw down nearly two-thirds of U.S. forces in Iraq by August 2010, while some key Republicans are offering praise.  At issue: Obama plans to leave between 35,000 to 50,000 residual forces in the war-torn country, serving in a training or advisory role to the Iraqi [...]

Obama Sets Schedule For Iraq Troop Withdrawal

CAMP LEJEUNE, N.C. – Declaring “I have come to speak to you about how the war in Iraq will end,” President Barack Obama on Friday moved to fulfill the defining promise of his campaign, announcing that all U.S. combat troops will be withdrawn by September 2010.
But in the same speech to Marines at Camp Lejeune, [...]

Opinion: Kimberley Strassel Explains Barack Obama’s Strategy on Taxes, Big Government and Energy Costs

Any high-school kid with a set of CliffsNotes knows Moby Dick is so much more than just a whale. Any American watching the new administration might wish for a similar study guide. Thirty-nine days, one press conference, one congressional address, and one budget into this presidency, Barack Obama is finding his groove. Out [...]