Nearly half of homeowners seeking help from the Obama administration's flagship effort to help those at risk of foreclosure have fallen out of the program.
Reuters - The Obama administration on Wednesday nearly doubled to $4.1 billion the size of its foreclosure prevention program to help struggling homeowners hardest hit by falling home prices and rising unemployment.
The Obama administration acknowledges it underestimated the number of homeowners who fell seriously behind on their mortgage payments even after getting government help.
Virginia's lawsuit challenging the Obama administration's health care reform law cleared its first legal hurdle Monday as a federal judge ruled the law raises a host of complex constitutional issues.
Abortion foes in the U.S. have scored a victory and traditional allies of the Obama administration are grumbling about a decision to ban most abortion coverage in insurance pools for those unable to purchase health care on their own.
AP - BP and the Obama administration offered significantly differing views Sunday on whether the capped Gulf of Mexico oil well will have to be reopened, a contradiction that may be an effort by the oil giant to avoid blame if crude starts spewing again.
Despite President Obama's historic legislative successes, he and congressional Democrats face daunting unemployment numbers and discouraging election prospects.
Four months before midterm elections, the Obama administration and congressional Democrats show signs of collective battle fatigue, ducking political fights they might once have welcomed and quarreling among themselves as they confront the likelihood of majority-threatening losses this fall.
After two court rulings against its six-month moratorium on new deepwater oil and gas drilling, the Obama administration announced a revised ban on Monday afternoon.
AFP - The Obama administration lost its bid Thursday to maintain a six-month moratorium on offshore deepwater drilling which a federal judge ordered to be lifted last month.