jkoomen

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Obama backs away from a Republican budget priority

WASHINGTON— Seeking to present a unified Democratic front in an election year, PresidentObamais backing away from a proposal to restrain spending on entitlement programs, focusing instead on economic priorities likely to please his party's base.<p>Obama's next budget will not include a change that …

Financial Advisor Resources

International Growth Fund<p>While the world has changed drastically over the past two decades, Oppenheimer International Growth Fund’s investment …

Investing

Read Obama's State of the Union Address as You Watch

U.S. President Barack Obama delivered his fifth State of the Union address Tuesday night.<p>Read the full text of Obama's remarks, below, which the …

Tomorrow Isn’t the Ultimate Deadline for Lifting the Debt Ceiling (But It’s Coming Soon)

Lawmakers in Washington are scrambling to get a deal done to raise the debt ceiling deal done before tomorrow, when the Treasury Department says it …

A Christmas Wish: A Less Debt-Obsessed GOP

Our long-term debt is daunting, but jobs are a more pressing problem.<p>Three years ago a debt-hawk U.S. senator, a Republican, offered me this …

Economics

Up to Speed: Five Facts About the Debt Deal

After 16 days of gridlock, Congress finally settled on a deal to end the government shutdown and avoid a default on the national debt. Here are the …

U.S. National Debt: $1.1 Million Per Taxpayer

<b>U.S. National Debt: $1.1 Million Per Taxpayer</b><br>Each U.S. taxpayer now has a federal-debt liability of $1.1 million—and rising.<p>The public tends to focus on the total national debt, which just passed the $17 trillion mark—up from $10.6 trillion when President Obama took office. But that figure pales in …