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Obama to push extension of middle-class tax cuts

President Barack Obama is launching a push to extend tax cuts for the middle class, as he seeks to shift the election-year economic debate from the dismal jobs market to assertions that Republican rival Mitt Romney protects the rich.   Obama, in an address from the White House later Monday, will call on Congress to… Continue Reading Obama to push extension of middle-class tax cuts

The Obama administration wants to trademark the term “GI Bill” in an effort to shield veterans and military families being swindled or misled by schools that target their federal education benefits. President Barack Obama is signing a wide-ranging order on Friday that partially addresses growing complaints about fraudulent marketing and recruiting practices aimed at military… Continue Reading Obama targets diploma mills that market to vets

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Obama promotes job training at community college

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President Barack Obama called on Congress Monday to create an $8 billion fund to train community college students for high-growth industries, part of his broader pitch to make higher education more affordable for all Americans. The fund was part of Obama’s proposed budget for 2013. The overall package aims to achieve $4 trillion in deficit… Continue Reading Obama promotes job training at community college

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Obama pushes manufacturing in swing state tour

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President Barack Obama is arguing that manufacturing must be the foundation for a renewed American economy, as he takes his State of the Union economic message on a tour of politically crucial states. Obama toured a plant that makes giant conveyor belt screws Wednesday before addressing a crowd about the importance of bringing manufacturing back… Continue Reading Obama pushes manufacturing in swing state tour

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President Barack Obama’s health care overhaul is on track in many states, the White House asserted Wednesday. But officials said the administration is preparing a federal backstop anyway for states in which opposition to the new law has blocked planning. The law calls for states to build new health insurance markets called exchanges, so that… Continue Reading White House says Obama’s health overhaul on track

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Obama taking on student loan relief Wednesday

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President Barack Obama is outlining a plan Wednesday to allow millions of student loan recipients to lower their payments and consolidate their loans, in hopes of easing the burden of the No. 2 source of household debt. The move to assist struggling graduates and students could help Obama shore up re-election support among young voters,… Continue Reading Obama taking on student loan relief Wednesday

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Obama mortgage plan has little Colorado impact

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A new federal program allowing more homeowners who are in trouble with their mortgages to qualify for refinancing is expected to have little impact in Colorado. President Barack Obama on Monday announced the broadening of the Home Affordable Refinance Program to help people avoid foreclosure. According to the Denver Post (http://bit.ly/ud4KCc ), nearly 21 percent… Continue Reading Obama mortgage plan has little Colorado impact

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Obama to promote new steps to help housing woes

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Seeking to circumvent congressional opposition, President Barack Obama will promote a series of executive branch steps aimed at jumpstarting the economy this week, beginning with new rules to make it easier for homeowners to refinance their mortgages. The White House said changes to the two-year-old Home Affordable Refinance Program will help homeowners with little or… Continue Reading Obama to promote new steps to help housing woes

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Obama to step up power line projects

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The Obama administration wants to speed up permitting and construction of seven proposed electric transmission lines in 12 states, as it moves to create jobs and modernize the nation’s power grid. The projects are intended to serve as pilot demonstrations of streamlined federal permitting and improved cooperation among federal, state and tribal governments. The lines… Continue Reading Obama to step up power line projects

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Obama signs 1st major patent law change since 1952

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President Barack Obama signed into law Friday a major overhaul of the nation’s patent system, a measure designed to ease the way for inventors to bring their products to market. “We can’t afford to drag our feet any longer,” the president said. Passed in a rare display of congressional bipartisanship, the America Invents Act is… Continue Reading Obama signs 1st major patent law change since 1952

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