President Barack Obama recently invited congressional leaders to lunch at the White House. They include House Speaker John Boehner and Senate Minority Leader Mitch McConnell. The president told them that there should be no repeat of last summer’s debt limit fiasco. President Obama’s message to Congress is to act to build and sustain the momentum for economic recovery. He added that there will be... 

President Barack Obama and his first lady Michelle Obama have total assets of $2.6 million to $8.2 million in 2011. As much as $1 million of their assets were placed in a JP Morgan Chase & Co. asset management account. $1 million to $5 million of the first couple’s assets are placed in US Treasury notes and $600,000 to $1.25 million in Treasury bills. The Treasury notes have maturities of one... 

The defense team for John Edwards rested its case on Wednesday without calling his former mistress or the two-time presidential candidate to testify. By not calling the two witnesses, the defense shows its confidence after just two days of evidence and testimony. The defense team called a number of witnesses that were aimed at moving the jury focus off the lurid details of the sex scandal to the legal... 

President Barack Obama’s campaign released a video that criticized Mitt Romney’s private equity company and called it a job-killing vampire that destroyed a steel mill. It is the latest attempt by Obama’s camp that targets Romney’s image of corporate success. The new six minute video will have a shorted version that will be aired on TV stations in vital states such as Iowa, Ohio, Virginia,... 

Both President Barack Obama and Mitt Romney’s campaigns came out with Mother’s Day videos last Sunday with each presidential candidate praised his wife or mother. They also featured political banters targeted towards each other. President Obama’s video showed the work that his mother has made to raise him. It showed the clear connection between the way he was brought up by his mother and some... 

After announcing a larger than anticipated budget deficit over the weekend, California Governor Jerry Brown released Monday a new revised budget proposal of $91 billion. The new budget makes sharps cuts in welfare and health spending, reduces the public payroll by over 5% and puts into limbo the construction of new state courthouses. The revised budget reflects a worsening fiscal outlook for the state.... 

On Saturday, California’s Governor Jerry Brown said the budget deficit would increase to close to $7 billion more than what officials had expected because of weak tax collection and a slower than predicted process of slashing budgets. Brown said the shortfall for the June 30 fiscal year end would be $16 billion, representing about $7 billion more than the previously estimated $9.2 billion. Brown... 

President Barack Obama and Vice President Joe Biden honored 34 police officers at the White House for extraordinary acts of bravery. Among the group are two police officers from Los Angeles who stopped a shooting and one from Chicago who responded to an armed robbery. This is the first public appearance of the president and the vice president together after Obama’s announcement of supporting same... 

After President Barack Obama surprised everyone by endorsing same sex marriage and highlighted the issue in the 2012 presidential campaign, he once again focused on the economy last Friday. He went back to his original agenda and promoted his proposals to allow more Americans access to low interest mortgage refinancing. He gave his latest speech in Nevada, which is the state that was hit the hardest... 

Suzanne Black, a public school teacher, was asked to introduce President Barack Obama at an event at the Paramount Theater last Thursday. At first she couldn’t believe that she would be standing on stage with the president. Her husband had the same reaction as well. Black used the opportunity not only to welcome President Obama to Seattle, but also to personally thank the president for putting her...