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Obama Asks Congress To Approve $205 Million In Aid For Israel 'Iron Dome,' Rocket Defense

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congress, obama

Published May 13, 2010 at 5:18 p.m.

WASHINGTON -- The Obama administration is asking Congress to approve $205 million to help Israel speed up deployment of a new short-range rocket defense system ...

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Small Businesses: "The Backbone of America's Economy"

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barack obama, economy, obama, remarks

Published May 13, 2010 at 4:21 p.m.

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President Obama travelled to Buffalo, New York this afternoon, where he visited Industrial Support Inc. and discussed the important role that small businesses have as the “backbone of America’s economy.” He explained that the government has been removing barriers to help businesses get loans as part of the President's broader economic agenda, and that this agenda is starting to bear fruit: ... All those tough steps we took, they’re working. Despite all the naysayers who were predicting

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First Recovery Act Electric Vehicle Delivered Today

Published May 13, 2010 at 3:04 p.m.

For months now, a team at an Indiana plant has been hard at work preparing to manufacture electric delivery trucks that are entirely powered by plug-in power. They’ve been installing equipment, retrofitting an old manufacturing facility, assembling parts, testing the new technology – and today they became the very first Recovery Act recipient to deliver an electric vehicle with the advanced battery and electric drive grants the President announced last year as they unveiled their new truck

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Turning Up the Heat on Fraud

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obama, tax

Published May 13, 2010 at 2:59 p.m.

Ed. Note: Attorney General Eric Holder and Health and Human Services Secretary Kathleen Sebelius will discuss the Obama Administration’s efforts to fight fraud today using new tools provided by the Affordable Care Act at 4:00 PM EDT today. Click here to watch ... As the Affordable Care Act has kicked in over the last few weeks, Americans around the country have been getting some long overdue good news about health care. While most of us see this historic new law as an opportunity to give

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Wall Street Reform Should Help, Not Hurt States' Efforts to Protect Consumers

Published May 13, 2010 at 2:18 p.m.

States have always played an important role in protecting their citizens - including enforcing consumer protections. The Wall Street reform bill protects that role, preserving states' enforcement powers while asking them to play an essential role in new efforts to protect American consumers ... The consumer protection agency created in the Wall Street reform bill puts forth the strongest federal consumer protections ever. But these protections are not meant to replace the states' efforts,

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Moving to the Cloud

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leader, obama

Published May 13, 2010 at 9:41 a.m.

Today, the Recovery Accountability and Transparency Board announced that it is moving Recovery.gov to the cloud. As the world’s largest consumer of information technology and as stewards of taxpayer dollars, the Federal Government has a duty to be a leader in pioneering the use of new technologies that are more efficient and economical ... For those of you not familiar with cloud computing, here is a brief explanation. There was a time when every household, town, or village had its own water

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Legislation to Continue to Protect the Gulf

Published May 12, 2010 at 6:51 p.m.

The Deepwater Horizon BP Oil Spill in the Gulf of Mexico is a massive and potentially unprecedented environmental disaster. It’s implications could be devastating: in the damages it could impose on the region’s economy, and in terms of the scars it will impress upon the Gulf states’ ecology. For the citizens of the Gulf, the BP Oil Spill has jeopardized the livelihoods of thousands of Americans who live throughout the region, and participate in the far-reaching exchange of its industries

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"The Future That Our Military Families Deserve"

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michelle, obama, remarks

Published May 12, 2010 at 5:23 p.m.

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Earlier today, First Lady Michelle Obama spoke at a summit hosted by the National Military Family Association and called it the country's "moral obligation" to recognize the state of military families today. She commended families for their resilience and dedication to service and called for the “vision of a nation that truly supports our military families.” ... The First Lady discussed hardships that military spouses endure, including struggling to access benefits and assistance and mental

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Reaffirming Commitment to Partnership Between the U.S. and Afghanistan

Published May 12, 2010 at 4:30 p.m.

Click here to see the video ... Today, President Obama and Afghan President Hamid Karzai issued a Joint Statement and reaffirmed their commitment to a solid and strategic partnership between the U.S. and Afghanistan. The Joint Statement is also available in Dari and Pashto ... President Obama recognized the resolve of the Afghan people and government to increase responsibility for security and continue to ensure that Afghanistan doesn’t become a safe haven for terrorists. President Obama

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Putting the Economy at Risk to Protect Wall Street Profits

Published May 12, 2010 at 4:20 p.m.

When it comes to trying to defeat financial reform, Wall Street lobbyists just won’t give up. This afternoon the Senate began consideration of a Republican effort to wipe out the strong derivatives provisions written by Senators Lincoln and Dodd in the Senate’s financial reform bill ... Here’s the bottom line: the Republican substitute has weak standards for major market players and no transparent trading. It doesn’t require major firms to hold capital against their derivatives

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