The president will sign the $787-billion stimulus package into law in Denver. In Arizona, hard hit by home foreclosures, he’ll roll out a plan to help homeowners avoid bankruptcy.
Reporting from Washington - President Obama will venture out of the White House on Tuesday for a Western swing that will see him sign into law the [...]

WASHINGTON — President Barack Obama’s plan to reduce the flood of home foreclosures will include a mix of government inducements and new pressure on lenders to reduce monthly payments for borrowers at risk of losing their houses, according to people familiar with the administration’s thinking.
The plan, to be announced Wednesday, is expected to include government [...]

MESA, Ariz. — Hours from now President Barack Obama will arrive in Phoenix with a plan to fix the foreclosure crisis.
Obama chose Arizona to announce his new plan because it’s one of the hardest hit areas by foreclosures.In neighborhoods across the Valley, foreclosure signs line the streets. Sometimes it’s right next door, or in the [...]

CHICAGO (AP) — President Barack Obama dropped by the University of Chicago campus Sunday for two hours of basketball with friends.
Obama, who’s spending a long weekend in his hometown, headed out Sunday to indoor basketball courts where he has played before. Aides did not say who played hoops with the president.
After the game, Obama stopped [...]

WASHINGTON (Reuters) - Afghan President Hamid Karzai lashed out at mounting U.S. criticism on Sunday, saying he expected “better judgment” from the Obama administration.
In the latest show of strain between the allies in a seven-year war against Islamist militants, Karzai told CNN President Barack Obama’s description of the Kabul government as “very detached” from its [...]

WASHINGTON (AP) — Keeping the economy front and center, President Barack Obama heads west this week to sign the $787 billion stimulus bill and tackle the home mortgage foreclosure crisis. The direct appeals for public support follow scant GOP backing in Congress for his agenda and increasing partisan bickering.
Passage of the stimulus measure — unprecedented [...]

WASHINGTON (AFP) — President Barack Obama will head west this week bidding to arrest America’s epidemic of home foreclosures after his gargantuan economic stimulus plan finally cleared Congress.

Barack Obama
Aides to the president — who Saturday called the 787-billion-dollar package of investment and tax cuts “a major milestone on our road to recovery” — said he [...]

WASHINGTON — White House spokesman Robert Gibbs said he thinks “it’s safe to say” the economy hasn’t bottomed out yet. But he predicted the $787 billion stimulus measure that the president plans to sign on Tuesday will put the country on the road to recovery.

Mr. Gibbs said the bill, which President Barack Obama plans to [...]

Feb. 15 (Bloomberg) — The Obama administration pledged to work with Congress on implementing tough executive-pay limitations at banks that get federal bailout money as critics said the new restrictions in economic-stimulus legislation will prompt talented managers to leave.
The limits, championed by Senate Banking Committee Chairman Christopher Dodd, were tucked into the $787 billion fiscal [...]

Barack Obama will unveil plans to save American home owners from repossession this week, in a bid to recapture public support for his economic recovery programme and pave the way for other big plans.

Mr Obama declined an offer to hang on onto the bust for a further four years Photo: REUTERS

The White House has brought [...]

WASHINGTON (AP) — President Barack Obama on Saturday savored his first major victory in Congress with the newly passed $787 billion economic stimulus package aimed at combating the worst economic crisis since the Great Depression of the 1930s.
Officials said Obama would sign the measure on Tuesday in Denver, less than a month after taking office.
Obama [...]

The stimulus package Congress passed last night imposes new limits on executive compensation that could significantly curb multimillion dollar pay packages on Wall Street and goes much further than restrictions proposed by the Obama administration last week.
The bill, which President Obama is expected to sign into law next week, limits bonuses for executives at all [...]

WASHINGTON (AP) — America is bringing shock and awe to the home front, using dollars instead of bombs.
It’s the military doctrine of lightning force — fast and brute, or as brute as the shaken country can manage — applied to the campaign for economic recovery.
With a record-busting stimulus plan, the U.S. is marshaling resources against [...]

WASHINGTON/NEW YORK, Feb 13 (Reuters) - U.S. President Barack Obama will unveil a plan to stem home foreclosures on Wednesday, a spokesman said, and major U.S. lenders said they had stopped foreclosing until details of the program have been firmed up.
The Obama administration is still hammering out its plan, but is considering helping borrowers that [...]

WASHINGTON (AP) — The White House is planning a concert next week to honor Stevie Wonder, whose music provided part of President Barack Obama’s campaign soundtrack.
The White House says the president and first lady Michelle Obama will present Wonder a Library of Congress award on Wednesday. The concert will be broadcast the next day on [...]

CHICAGO (AP) — Love and hoops topped the agenda for President Barack Obama this weekend.

President
Barack Obama speaks to business leaders in the East Room of the White
House in Washington, Friday, Feb. 13, 2009. (AP Photo/Charles Dharapak)
Obama, his wife, Michelle, and daughters arrived in Chicago on Friday, their first trip home since they moved into the [...]

WASHINGTON, Feb 13 (Reuters) - The U.S. Congress on Friday
is expected to pass a $789 billion economic stimulus package
that is aimed at unleashing large spending and tax cuts to help
dig the economy out of a 14-month recession.

The Democratic-controlled House of Representatives and
Senate are expected to approve the emergency package, giving
President Barack Obama a [...]

A quip about the commerce secretary job elicited laughter from the crowd at a Lincoln birthday celebration
President Barack Obama, in a speech honoring President Lincoln on the 200th anniversary of his birth, seemed to make light of the news earlier in the day that his nominee for commerce secretary [...]

WASHINGTON (AP) — The Senate confirmed Leon Panetta as director of the CIA on Thursday, placing the nation’s top spy agency in the hands of a government veteran valued for his skills as a lawmaker and policy manager rather than an expert at intelligence-gathering and analysis.

Central
Intelligence Agency Director nominee Leon Panetta testifies on Capitol
Hill in [...]

WASHINGTON: President Barack Obama’s $790 billion economic stimulus plan passed the House on Friday and was heading for final approval in the Senate, clearing the way for a major early victory for the president who says the package is necessary to turn around the ailing U.S. economy.
The House of Representatives gave final approval to the economic [...]