Obama: Refi Plan Saves ‘Underwater’ Borrowers $3,000 A Year
In a sweeping new plan to help millions of “underwater” homeowners, President Obama today said borrowers can save $3,000 a year on average if Congress approves his program with a price tag of $5 billion to $10 ...
Obama: Link U.S. Aid to Colleges with Affordable Tuition
President Obama wants to start providing federal aid to colleges that maintain affordable tuition, “good value” in education and those that ensure more low-income students graduate.
The proposal from the administration ...
Romney to Save Taxpayers $2,900 on Average, Millionaires $146K: Report
Republican Mitt Romney’s tax plan would cut taxes for about 75 percent of taxpayers by an average of $2,900, but its impact takes a wide swing among income levels with 13 percent of earners potentially seeing ...
Obama to Push for Higher Tax Credit for Biz Capital Investments
As part of a new infusion of economic stimulus aimed at businesses, President Obama is expected to propose expanding the so-called bonus depreciation – a tax credit that allows businesses to fully deduct the cost ...
Obama: Main Street’s Future at Stake in Wall Street Reform
Using a Buffalo, N.Y. small business he visited this week as his focal point, President Obama said consumers, business owners and community banks have much at stake in sweeping Wall Street oversight reform that ...
Obama: Insured, Small Businesses Seeing Reform Benefits
Just more than a month since he signed sweeping health care reform, President Obama today said millions of Americans have or are soon to receive “real benefits” from the legislation, including many small business ...
Obama: GOP Plan Would ‘Gut Consumer Protections’
President Obama today lashed out against a Republican amendment proposing a consumer financial protection agency without the autonomous and sweeping authority over credit cards, mortgages and other loan products ...
Obama on Tax Credits: Not a Handout, but ‘Targeted Relief’
President Obama dedicated his weekly address to reminding folks rushing to file their tax returns that a long list of tax credits in last year’s Recovery Act was not a handout – but “targeted relief” ...
Obama: Lobby ‘Army’ Aims to Thwart Financial Reform
President Obama lashed out at bank lobbyists and their political allies for last-minute, well-financed attempts to thwart financial system oversight reform.
A primary target of that opposition is a consumer protection ...
Obama: Tax Breaks Eye Small-Biz Owners ‘on the Fence’
President Obama today signed into law a jobs bill offering tax breaks that he said would particularly help struggling small business owners who are “on the fence” about hiring an additional worker or “anyone ...
