White House news

• Clinton or Biden? Obama says he 'loves 'em both'

  01-02-2015 23:39
  
  President Barack Obama admitted in a pre-Super Bowl interview that aired on Sunday to preferring offense to defense and chips and guacamole to wings, but did not take the bait when asked to choose between Hillary Clinton or Joe Biden. "Love 'em both," Obama said of Clinton, his former secretary of state, and Biden, his vice president, both of whose names have come up as possible Democratic presidential contenders in 2016. "Good try," Obama quipped to NBC's "Today" show co-anchor Savannah Guthrie
  
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• President Obama Plugs ‘Today’ Interview in Super Bowl Pre-Game Segment

  01-02-2015 23:09
  
  President Obama gave a big plug to his upcoming interview with “Today” anchor Savannah Guthrie in a live segment during Sunday’s Super Bowl pre-game programming that saw the commander-in-chief tout the White House’s home brew. “We make beer,” Obama said, raising a glass during the live standup shot with Guthrie from the White House kitchen.... Read more »
  
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• Obama assumes NFL will look at having refs control footballs

  01-02-2015 23:07
  
  President Barack Obama says he's not sure whether the Patriots cheated when they used deflated footballs in the game that got them to the Super Bowl, but says he assumes the NFL will consider giving referees more control of the footballs. Obama said in a live NBC interview from the White House kitchen about two hours before kickoff Sunday he doesn't think there's any other sport where teams prepare and bring their own game balls. Obama says he assumes the NFL will figure out how to put referees
  
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• Obama eyes $478 billion infrastructure spend

  01-02-2015 21:34
  
  President Barack Obama's budget being released Monday will include proposals to spend $478 billion on improving creaking infrastructure, paid for by a tax on money US firms hold overseas. "The president will propose a significant investment to repair our crumbling roads and bridges, and modernize our infrastructure so businesses can create good jobs here at home," a White House official said Sunday. The one-third increase in infrastructure spending would be paid for, in part, by a
  
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• Obama targets foreign profits with tax proposal, Republicans sceptical

  01-02-2015 21:33
  
  President Barack Obama's fiscal 2016 budget will seek new taxes on trillions of dollars in profits accumulated overseas by U.S. companies, and a new approach to taxing foreign profits in the future, but Republicans were sceptical of the plan on Sunday. Reviving a long-running debate about corporate tax avoidance, Obama will target a loophole that lets companies pay no tax on earnings held abroad, the White House said. In his budget plan to be unveiled on Monday, Obama will call for a one-ti
  
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• Obama targets foreign profits with tax proposal, Republicans skeptical

  01-02-2015 21:24
  
  By Jeff Mason and Kevin Drawbaugh WASHINGTON (Reuters) - President Barack Obama's fiscal 2016 budget will seek new taxes on trillions of dollars in profits accumulated overseas by U.S. companies, and a new approach to taxing foreign profits in the future, but Republicans were skeptical of the plan on Sunday. Reviving a long-running debate about corporate tax avoidance, Obama will target a loophole that lets companies pay no tax on earnings held abroad, the White House said. In his budget pl
  
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• The Daily Fix: Obama to Propose a 14 Percent Tax on U.S. Corporations’ Untaxed Overseas Profits

  01-02-2015 17:56
  
  President Obama will send his 2016 budget proposal to Congress on Monday, and it will include a six-year, $478-billion public works program that would upgrade highways, bridges, and transit systems. "This transition tax would mean that companies have to pay U.S. tax right now on the $2 trillion they already have overseas, rather than being able to delay paying any U.S. tax indefinitely," said a White House official, according to Reuters. The proposal is just part of an extensive plan of tax incr
  
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• Obama plans 19 percent tax on U.S. companies' foreign earnings

  01-02-2015 17:40
  
  President Barack Obama's fiscal 2016 budget proposes a 19 percent tax on U.S. companies future foreign earnings and a one-time 14 percent tax on roughly $2 trillion (1.3 trillion pounds) of profits being held offshore, the White House said on Sunday. The White House has long been critical of practices by U.S. companies that it views as avoiding tax responsibilities at home. The proposals are part of a broader tax reform package that the Obama administration hopes will re-focus tax advantage
  
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• Obama plans 19 pct tax on U.S. companies' foreign earnings

  01-02-2015 17:36
  
  By Jeff Mason and Kevin Drawbaugh WASHINGTON (Reuters) - President Barack Obama's fiscal 2016 budget proposes a 19 percent tax on U.S. companies future foreign earnings and a one-time 14 percent tax on roughly $2 trillion of profits being held offshore, the White House said on Sunday. The White House has long been critical of practices by U.S. companies that it views as avoiding tax responsibilities at home. The proposals are part of a broader tax reform package that the Obama administratio
  
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• Obama proposes 14 percent tax on U.S. companies' untaxed foreign earnings

  01-02-2015 15:32
  
  President Barack Obama's fiscal 2016 budget would impose a one-time 14 percent tax on some $2 trillion (1.3 trillion pounds) of untaxed foreign earnings accumulated by U.S. companies abroad and use that to fund infrastructure projects, a White House official said. "Unlike a voluntary repatriation holiday, which the president opposes and which would lose revenue, the president’s proposed transition tax is a one-time, mandatory tax on previously untaxed foreign earnings, regardless of
  
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• APNewsBreak: Obama ties foreign profits tax to public works

  01-02-2015 14:01
  
  President Barack Obama is proposing an ambitious six-year, $478 billion public works program of highway, bridge and transit upgrades. White House officials say half would be paid by a one-time mandatory ...
  
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• For Clinton, deciding how to prepare for a low-key primary

  01-02-2015 13:29
  
  WASHINGTON (AP) — The challenge ahead for Hillary Rodham Clinton is one faced by few White House hopefuls: running a primary campaign in which she faces little competition, if any at all.
  
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• Where the Democratic contenders stand in the 2016 race

  01-02-2015 13:27
  
  WASHINGTON (AP) — Unlike the active jockeying among Republicans thinking about running for president, there is little public action among the Democratic considering a White House bid. Here's a look at where they stand.
  
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• Wisconsin’s Scott Walker Could Be a Contender

  01-02-2015 12:30
  
  When Mitt Romney announced on Friday that he would not make another run at the White house, he was a little vague about who he thought the Republicans ought to nominate. About an hour after Romney delivered his statement, someone who fit that description took the podium at the conservative American Action Forum just a few blocks from the White House in Washington and began making his case for the presidency. Wisconsin Governor Scott Walker, who won three elections in the space of four years afte
  
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• Trade trip to Britain adds to Chris Christie's 2016 resume

  01-02-2015 06:38
  
  NEWARK, New Jersey (AP) — New Jersey Gov. Chris Christie's third trip abroad in recent months provides an opportunity to build his foreign policy resume and test whether he has the temperament for the world stage as he considers a White House run.
  
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• DeLay: Rick Perry's White House hopes likely hurt by charges

  01-02-2015 01:38
  
  HOUSTON (AP) — Former U.S. House Majority Leader Tom DeLay said Saturday he can relate to any fallout from the indictment dogging former Texas Gov. Rick Perry, noting his own nearly decade-long legal fight that cost him his powerful congressional post and public career.
  
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• Obama condemns Islamic State's 'heinous murder' of Japanese hostage

  01-02-2015 00:43
  
  U.S. President Barack Obama on Saturday condemned the "heinous murder" of Japanese hostage Kenji Goto by Islamic State militants and vowed that the United States would continue its actions to destroy the hardline Islamist group. "The United States condemns the heinous murder of Japanese citizen and journalist Kenji Goto by the terrorist group ISIL," Obama said in a statement released by the White House, using an acronym for the Islamic State group, which released a video on Saturday appearing to
  
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