Posts Tagged ‘obama’

Obama seeks to broaden reach of housing assistance (AP)

President Barack Obama holds up a proposed mortgage application form as he speaks at the James Lee Community Center in Falls Church, Va., Wednesday, Feb. 1, 2012. Obama outlined a proposal he proposed in his State of the Union address to allow homeowners with privately held mortgages to take advantage of record low rates, for an annual savings of about $3,000 for the average borrower.  (AP Photo/Cliff Owen)AP – Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners, aiming to make lower lending rates a possibility for millions of borrowers who have not been able to get out from under burdensome mortgages.


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Obama details broader housing plan (AP)

President Barack Obama holds up a proposed mortgage application form as he speaks at the James Lee Community Center in Falls Church, Va., Wednesday, Feb. 1, 2012. Obama outlined a proposal he proposed in his State of the Union address to allow homeowners with privately held mortgages to take advantage of record low rates, for an annual savings of about $3,000 for the average borrower.  (AP Photo/Cliff Owen)AP – President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth. He conceded that his administration’s housing plans so far have not lived up to their promise.


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Obama to detail broader housing refinance plan (AP)

President Barack Obama, sitting next to Defense Secretary Leon Panetta, right, speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, Tuesday, Jan. 31, 2012. (AP Photo/Susan Walsh)AP – The Obama administration is trying to fix a stubborn drag on the economy by allowing millions of more homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth, tackling a difficult issue of vital concern in states key to President Barack Obama’s re-election.


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Obama uses tax proposals for his political message (AP)

FILE - In this Dec. 16, 2011, file photo, Sen. Orrin Hatch, R-Utah, speaks to reporters as Republican Senators emerge from a closed-door negotiation on the payroll tax cut extension and other measures, at the Capitol in Washington. Aiming tax increases at millionaires and companies that ship jobs abroad may help frame the fairness theme of President Barack Obama’s re-election campaign, but it’s a plan that stands virtually no chance of passing Congress. 'He’s got to know that none of those things he proposed really have much of a chance of going through both houses of Congress,' said Hatch, the top Republican on the Senate Finance Committee. (AP Photo/J. Scott Applewhite, File)AP – Aiming tax increases at millionaires and companies that ship jobs abroad may help frame the fairness theme of President Barack Obama’s re-election campaign, but it’s a plan that stands virtually no chance of passing Congress.


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Ahead in Florida, Romney turns focus back to Obama (AP)

Republican presidential candidate former House Speaker Newt Gingrich speaks during the Orange County Lincoln Day Dinner at Rosen Shingle Creek, Saturday, Jan. 28, 2012, in Orlando, Fla. (AP Photo/Matt Rourke)AP – Mitt Romney strode into the final 48 hours of the pivotal Florida Republican primary campaign with the confidence of a resurgent front-runner, predicting he’ll win in Tuesday’s voting while looking ahead to future contests.


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College presidents wary of Obama cost-control plan (AP)

President Barack Obama speaks at the University of Michigan's Al Glick Field House, Friday, Jan. 27, 2012, in Ann Arbor, Mich.  (AP Photo/Haraz N. Ghanbari)AP – Public university presidents facing ever-increasing state budget cuts are raising concerns about President Barack Obama’s plan to force colleges and universities to contain tuition prices or face losing federal dollars.


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Obama ‘putting colleges on notice’ on high tuition (AP)

President Barack Obama speaks at the University of Michigan's Al Glick Field House, Friday, Jan. 27, 2012, in Ann Arbor, Mich.  (AP Photo/Haraz N. Ghanbari)AP – President Barack Obama fired a warning at the nation’s colleges and universities on Friday, threatening to strip their federal aid if they “jack up tuition” every year and to give the money instead to schools showing restraint and value.


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