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News you can use
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WASHINGTON (AP) — Working with Congress against a midnight deadline, President Barack Obama said Monday that a deal to avert the "fiscal cliff" was in sight but not yet finalized. The emerging deal would raise tax rates on family income over $450,000 a year, increase the estate tax rate and extend unemployment benefits for one year. "There are still issues left to resolve but we're hopeful Congress can get it done," Obama said at a campaign-style event at the White House. "But it's not done." The parties were at an impasse o...
WASHINGTON — President Barack Obama hailed the beginning of the end of a devastating war Wednesday night, announcing he was pulling home 33,000 troops from Afghanistan by next summer, withdrawing the "surge" of forces he sent in to rescue a flailing effort. Said Obama to a country eager for an exit: "The tide of war is receding." AP Photo/Pablo Martinez Monsivais, Pool President Barack Obama delivers a televised address from the East Room of the White House in Washington, Wednesday, on his plan to drawdown U.S. troops in A...
