Obama argues healthcare law is working, rejects Republican criticism

President Barack Obama arrives in the briefing room of the White House in Washington, Thursday, April 17, 2014, where he spoke about health care overhaul and the situation in Ukraine. (AP Photo/Susan Walsh)

By Steve Holland WASHINGTON (Reuters) - President Barack Obama mounted a vigorous effort on Thursday to show his signature healthcare law is working and dismissed Republican critics who are using flaws in Obamacare to campaign for ousting Democrats from the U.S. Congress in November. Appearing in the White House briefing room days before leaving the national stage for a week-long trip to Asia, Obama used a news conference to make the case that the Affordable Care Act had mended nicely from its disastrous October rollout. For the healthcare law to succeed, young, healthy people must sign up and pay premiums to offset the healthcare costs for older Americans. Obama's remarks reflected deep concerns at the White House that Republicans may be able to topple Democrats from control of the … [Read more...]

Obama budget would boost U.S. tax revenue, cut deficits: CBO

Obama speaks after touring the Community College of Allegheny West Hills Center in Oakdale, Pennsylvania

By David Lawder WASHINGTON (Reuters) - President Barack Obama's fiscal 2015 budget request would boost U.S. tax revenue by nearly $1.4 trillion over 10 years if fully enacted, cutting deficits by $1.05 trillion while funding new spending, the Congressional Budget Office said on Thursday. But the non-partisan agency's analysis was less optimistic than the White House's own projections - showing that cumulative deficits would total $6.6 trillion over 10 years, compared to $4.9 trillion under the Obama plan when it was released in March. A key difference between the two deficit pictures is CBO's projection of slower economic growth, partly resulting in lower revenue collections. The likelihood that Congress will advance Obama's plan in its entirety is virtually nil, … [Read more...]

Reid calls rancher’s backers ‘domestic terrorists’

Reid calls rancher's backers 'domestic terrorists'

Senate Majority Leader Harry Reid is calling armed backers of a Nevada rancher "domestic terrorists" for using guns in a grazing rights battle with the federal Bureau of Land Management. The ... … [Read more...]

Obama disputes GOP version of immigration call

President Barack Obama speaks about health care, Thursday, April 17, 2014, in the briefing room of the White House in Washington. The president said eight million have signed up for health insurance under Affordable Care Act. (AP Photo/Carolyn Kaster)

WASHINGTON (AP) — President Barack Obama says he's surprised that House Majority Leader Eric Cantor is accusing him of failing to work with Congress on immigration. … [Read more...]

House Republican leaders holding up immigration reform: Obama

A woman holds a cluster of U.S. flags during a U.S. Citizenship and Immigration Services naturalization ceremony in Oakland

President Barack Obama on Thursday called on the Congress to pass comprehensive immigration reform, which he said was being held back by Republican leaders in the House of Representatives. "There is bipartisan support for comprehensive immigration reform," Obama said at a news conference. The Congress should act. "Right now what's holding us back is House Republican leadership not willing to go ahead and let the process move forward." Obama said there were Republicans in both the House and Senate who know immigration reform "is the right thing to do." "I also know it's hard politics for Republicans because there are some in their base that are very opposed to this," he said. … [Read more...]