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The White House may announce that it would need $83.4 billion more for war and diplomatic spending. The majority of the additional funds, about $75 billion, will go to the pentagon to help alleviate the conditions of ongoing war effort in Iraq and Afghanistan. The rest of the funds would go to ...

Free TV : Ustream Today is Barack Obama's inauguration as the 44th President of the United States. Live stream from Ustream....

This is Cong. Ilena Ros-Lehtinen's Statement after receiving a call from President-Elect Obama which she thought was a prank caller. "Miami, Florida --- Cong. Ileana Ros-Lehtinen thought it was a hoax when President-Elect Barak (sic) Obama called her twice today and she proceeded to hang ...

Berkeley economist, Christina Romer will be appointed chairman of the council of economic advisers by President-Elect Barack Obama. Romer will be joining Barack's economic think tank comprised of Tim Geithner, Larry Summers and Peter Orszag. Christina Romer is currently a professor of Economics at the ...

Photo by Chris Hondros/Getty Images New York Senator Hillary Clinton may be the Obama administration's choice for Secretary of State. From Washington Post: There's increasing chatter in political circles that the Obama camp is not overly happy with the usual suspects for secretary of ...

President-Elect Barack Obama to talk with current U.S. President George W. Bush on several turnover issues. From the Strait Times: Mr Barack Obama holds his first post-election meeting with President George W. Bush on Monday, promising a civil handover of power even as aides ...

Senator Barack Obama announced last Monday night that he would temporarily leaving the this week's campaign trail to visiting his gravely ill Grandmother in Hawaii.

Beleaguered global insurer American International Group (AIG) is likely to sell its valuable assets, including its local subsidiary, Philippine American Life and General Insurance Co (Philamlife), within six to nine months, an AIG official said Tuesday. AIG is selling various valuable worldwide assets outside ...