Washington - President Barack Obama's cabinet-level taskforce for the United States' ailing car manufacturers met for the first time on Friday, stressing the "urgency" of repairing an industry that is on the verge of collapse.
The group, led by Treasury Secretary Timothy Geithner and the White House's top economic advisor Larry Summers, is tasked with evaluating the survival prospects of General Motors Corp and Chrysler LLC.
Washington - President Barack Obama met with dozens of the country's mayors at the White House Friday, promising close cooperation but urging them to spend government funds wisely in order to halt the country's economic slide.
US cities and states have faced huge budget shortfalls in the country's year-long recession, forcing many to contemplate cutbacks in services just as demand for government benefits is rising.
Washington - US President Barack Obama met with dozens of the country's mayors at the White House Friday, promising closer cooperation but urging local authorities to spend a massive new infusion of government funds wisely.
US cities and states have faced huge budget shortfalls in the country's year-long recession, forcing many to contemplate cutbacks in services just as demand for government benefits is rising.
Washington - US President Barack Obama met with dozens of the country's mayors at the White House Friday, promising closer cooperation but urging local authorities to spend a massive government stimulus package wisely.
US cities and states have faced massive budget shortfalls in the year-long recession, forcing many to contemplate cutbacks in services just as demand for government benefits is rising.
Washington, Feb. 20 : The hype and frenzy around the US President Barack Obama seems to be lowering down as results of a Fox News opinion suggest.
According to the poll, one month after Obama's taking over the charge, 60 percent of American's approve of the job he is doing. It was
65 percent three weeks ago (27-28 January 2009).
Similarly, percentage of people disapproving from his work has also gone up from 16 percent to 26 percent.
Langley (Virginia, US), Feb. 20 : Vice President Joseph R. Biden Jr. said Thursday that the Bush administration's detention and interrogation policies "gave Al Qaeda a powerful recruiting tool."