President Obama stuck to his proposal to limit the federal tax breaks wealthy people can get for itemized deductions, including charitable gifts, in his final budget plan released last week. The ...

President Obama’s proposal to spend $8.6-billion next year on what he dubbed a “new, comprehensive global-health strategy” has drawn ire from some global-health charities, which say he has requested ...

President Barack Obama’s budget proposal to be officially unveiled Wednesday will include more taxes on the wealthy and cuts to social programs such as Social Security and Medicare, NBC News reported.

On the heels of criticism over his 2012 federal budget proposal, from both the left and right, President Obama joined the fray in a Tuesday morning news conference where he defended his choices. The ...