Rachelle Younglai – Page 6

No clear path for Obama to act alone on U.S. debt cap: experts

August 22, 2019 at 8:05 a.m.

NEW YORK/WASHINGTON (Reuters) - The White House would be taking a risk if it tries to make a constitutional end-run around Congress' authority to raise the debt ceiling, legal experts...

Analysis: Obama’s Treasury choice untested outside budget expertise

August 23, 2021 at 9:02 p.m.

WASHINGTON (Reuters) - President Barack Obama broke the mold on Thursday by choosing a budget wonk to serve as U.S. Treasury secretary, leaving gaps on the international and financial side...

Analysis: Geithner’s planned departure puts Obama in tough spot

August 23, 2021 at 8:40 p.m.

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner's plans to leave near the end of January put the White House in a tricky spot, depriving the Obama administration of its longest-serving...

U.S. Senate leaders aim to craft “fiscal cliff” bill by Sunday

December 25, 2018 at 1:21 p.m.

WASHINGTON (Reuters) - U.S. Senate leaders are working to craft legislation by Sunday that averts the year-end "fiscal cliff" of tax hikes and spending cuts, but many details needed to...

U.S. activist Norquist blesses Boehner’s tax plan, conservative group rejects it

December 25, 2018 at 11:18 a.m.

WASHINGTON (Reuters) - Leading U.S. anti-tax activist Grover Norquist gave his blessing on Wednesday to House Speaker John Boehner's plan to avert the "fiscal cliff," concluding that despite complaints to...

Obama puts Democrats in bind with Social Security concession

August 23, 2021 at 7:42 p.m.

WASHINGTON (Reuters) - President Barack Obama has put Democrats in Congress in a tough spot politically after he conceded to Republican demands in the "fiscal cliff" negotiations that the government...

Some Republicans could cede payroll tax cut to Obama

December 25, 2018 at 9:30 a.m.

WASHINGTON (Reuters) - In a turnabout from a year ago, some Republican lawmakers say they are open to backing President Barack Obama's proposal to extend the payroll tax cut for...

U.S. to sell rest of AIG stock, ending $182 billion rescue

November 3, 2021 at 4:19 p.m.

(Reuters) - The U.S. Treasury is selling its remaining stake in insurer American International Group Inc , bringing an end to government ownership of the company about four years after...

U.S. to sell rest of AIG stock, ending $182 billion rescue

December 24, 2018 at 12:52 p.m.

(Reuters) - The U.S. Treasury is selling its remaining stake in insurer American International Group Inc , bringing an end to government ownership of the company about four years after...

Senate passes Russia trade and rights bill, angering Moscow

August 23, 2021 at 6:55 p.m.

WASHINGTON (Reuters) - The U.S. Senate on Thursday approved legislation to punish Russian human rights violators as part of a broader bill to expand U.S. trade with Washington's former Cold...

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