Search results
Oct 30, 2008 · Oct. 29, 2008. SUNRISE, Fla. As he races across the country in the climax of a marathon campaign, Senator Barack Obama has honed a final message calling on America to “turn the page” on an era...
- Goals
- Results
- Achievements
- Impact
- Components
- Assessment
- Issues
- Criticism
- Membership
With less than nine months left in his term, President Obama must be thinking about how his presidency will be assessed by history. The 44th president had an unusually ambitious agenda upon taking office, but economic and political realities forced him to put aside some goals and compromise on others. Mr. Obama himself, in a 2015 interview with Mar...
A poll by National Public Radio this February found that perceptions of the law are mixed, with only 35 percent saying it has directly helped the people of their state and 27 percent saying it has hurt people. Still, by many measures the law has been a success, with 20 million more Americans now insured, the uninsured rate dropping from 20 percent ...
2. The 2009 economic stimulus package. Mr. Obamas first order of business was to deal with the economic crash of 2008, and he did it by reaffirming Keynesian economics and turning away from the government is the problem mantra made popular by President Ronald Reagan. He proposed new federal spending on infrastructure and health programs, as well as...
Many Democrats wanted a much larger stimulus, but conservatives argued that any deficit spending would only worsen long-term economic security, and a $787 billion package passed with only three Republican votes in the Senate and zero Republican votes in the House. Five years after its passage, the White House estimated that the stimulus added six m...
4. The Dodd-Frank Act. Mr. Obama proposed reforms to the finance industry in 2009; the following year, Congress passed and he signed this legislation. It creates multiple agencies to monitor financial markets, regulate hedge funds and intervene to avoid a repeat of the 2008 crisisfor example, by dissolving large banks without government bailouts. B...
Because of its complexity, the effectiveness of the Dodd-Frank Act is hard to measure and something of a moving target. Adam Davidson of the New York Times Magazine wrote last year that the finance industry has used hundreds of meetings with banking regulators, along with lawsuits over every tiny detail of Dodd-Frank to change the letter of the law...
5. Tax and budget compromises. In 2010, the Republicans won control of the House of Representatives, ending any hope of a second economic stimulus package and forcing Mr. Obama to govern according to smaller-government principles. In December, he agreed to a compromise that extended by two years the income tax cuts signed into law in 2001 by Presid...
In 2011, Republicans demanded deep cuts in government spending as a condition for raising the federal governments debt ceiling. Mr. Obama signed the Budget Control Act, which mandated a sequester, or across-the-board cuts, of $1.2 trillion in domestic and defense spending over nine years, unless or until the passage of a deficit-reduction package t...
8. The appointment of (at least) two Supreme Court justices. Mr. Obama has named two members of the nine-person Supreme Court; Republican leaders in the Senate are determined not to let him name a third, despite the vacancy caused by the death of Justice Antonin Scalia in February. In 2009, Mr. Obama nominated the federal appeals court judge Sonia ...
Jan 10, 2017 · Barack Obama campaigned for the U.S. presidency on a platform of change. As he prepares to leave office, the country he led for eight years is undeniably different. Profound social, demographic and technological changes have swept across the United States during Obama’s tenure, as have important shifts in government policy and public opinion.
- Michael Dimock
Feb 2, 2014 · By Tim Ryan February 6, 2014. During his pre-Super Bowl interview with Fox News’ Bill O’Reilly, President Barack Obama faced a question about "fundamentally transforming" the country. Obama ...
News about Memorial Day, Instagram captions, quotes
News about Bill Walton, basketball, cancer
Also in the news
Jan 4, 2008 · Our time for change has come. Barack Obama. US elections 2008: Years from now we can look back and say this was the moment when America remembered what it means to hope. Fri 4 Jan 2008...
On November 4, 2008, Barack Obama became the first African American to be elected President of the United States, sparking many celebrations in the United States and around the world. He gained almost 53% of the popular vote and 365 electoral votes.
