COMMENTARY | President Obama announced Friday at the White House that he intends to ask Congress for the power to merge redundant government agencies, in an effort to trim government bureaucracy and save an estimate $3 billion over 10 years. At stake are about a thousand jobs in several agencies that collectively represent the interests of small and medium businesses abroad.

Based on some recent previews, President Obama’s State of the Union address next Tuesday will aim for the tricky balance of claiming credit for promises he has kept while tacitly acknowledging that he needs to do a lot more. Read full article >>

WASHINGTON (Reuters) - When President Barack Obama unveils his annual budget next month, the blueprint will reveal a lot about his re-election strategy but probably little about the spending and tax policies the Congress will adopt in the coming year. Obama's budget for the 2013 fiscal year will be declared "dead on arrival" in a gridlocked Congress, where lawmakers who control the U.S. purse ...

US President Barack Obama, Vice President Joe Biden and their wives on Monday participated in community service projects to mark the holiday honoring slain civil rights leader Martin Luther King.

COMMENTARY | President Barack Obama raised more than $200 million for his re-election campaign in 2011 and plans to raise more than the $750 million he spent in 2008 for his fall campaign against the Republican nominee. At some point, Americans have to step back and say "That's just crazy."

WASHINGTON (Reuters) - President Barack Obama's jobs council is calling for a corporate tax overhaul, expanded domestic drilling and new regulatory reforms, a set of proposals unlikely to provide a quick fix for high unemployment or gain much traction in an election year. A panel of business leaders advising Obama -- whose re-election chances could hinge on whether he can boost the fragile U.S ...

WASHINGTON (Reuters) - President Barack Obama led Americans on Monday in honoring slain civil rights leader Martin Luther King Jr., while the Occupy Wall Street movement staged a new march protesting economic injustice. Obama, the first African-American president, joined his wife, Michelle, and daughter Malia in helping build a library reading nook at a school in Washington. Speaking beneath a ...

WASHINGTON (Reuters) - President Barack Obama on Monday paid tribute to slain civil rights leader Martin Luther King Jr. by helping build a library reading nook at a local school, saying service and diversity make America the "strongest, most extraordinary country on earth." The president, first lady Michelle Obama and their daughter Malia marked King's birthday by helping spruce up the library ...

CHICAGO (Reuters) - President Barack Obama's re-election campaign and its key supporters are looking to grow on a national scale a fundraising effort targeting rich individual donors that was successful in its Democratic stronghold of Chicago, according to sources familiar with the program. Eager to widen its donor base, the Obama campaign is using its team of top fundraisers and donors to ...

Obama staffers sought to present their budget plan as a glass half full. Read more...