Full text of Obama's State of the Union address

Jan 21, 2015

Full text of Obama's State of the Union address

The full text of President Barack Obama’s State of the Union address Tuesday night, as prepared for delivery and provided by the White House: Mr. Speaker, Mr. Vice President, members of Congress, my fellow Americans: We are 15 years into this new century. Fifteen ...

Key quotes from Obama's State of the Union address

Jan 21, 2015

Key quotes from Obama's State of the Union address

The following are key quotes from U.S. President Barack Obama’s State of the Union address on Tuesday: Economy Turning the page “We are 15 years into this new century. Fifteen years that dawned with terror touching our shores; that unfolded with a new generation ...

McCain wages campaign to define his legacy

Jan 19, 2015

McCain wages campaign to define his legacy

Sen. John McCain is waging another national campaign — this time, to define his legacy. After two unsuccessful presidential bids, the 78-year-old former Navy pilot and Vietnam prisoner of war has rebounded as the chairman of the powerful Senate Armed Services Committee. The post ...

Cabinet OKs record budget for 2015

Jan 14, 2015

Cabinet OKs record budget for 2015

The draft ¥96.34 trillion general account budget aims to balance Prime Minister Shinzo Abe’s twin goals of fiscal rehabilitation and economic growth for the coming fiscal year.

Jan 14, 2015

¥131 billion earmarked in upcoming budget for renewable energy

The Abe administration decided Wednesday to boost efforts next year to promote renewable energy following the Fukushima nuclear crisis, after the feed-in tariff system, which guarantees above-market rates for selling energy produced from clean sources, ran into trouble only two years after its introduction. ...

'Yes we can!' president faces twilight of maybes

Dec 28, 2014

'Yes we can!' president faces twilight of maybes

It was supposed to be a joke. “Are you still president?” comedian Stephen Colbert asked Barack Obama earlier this month. But the question seemed to speak to growing weariness with the president and skepticism that anything will change in Washington during his final two ...

Abe vows to 'steadily achieve' fiscal reform goal in fiscal 2015

Dec 23, 2014

Abe vows to 'steadily achieve' fiscal reform goal in fiscal 2015

Prime Minister Shinzo Abe said his administration will “make every effort to steadily achieve” its fiscal rehabilitation goal in fiscal 2015, while promising to streamline public spending. Abe’s remarks came during a meeting Monday of the Council on Economic and Fiscal Policy, where the ...

Dec 18, 2014

Next year's budget expected to hit record ¥98 trillion

The general account budget for fiscal 2015 is likely to reach a record high of about ¥98 trillion, exceeding the ¥95.9 trillion initial budget for this year, Finance Ministry sources said. With Prime Minister Shinzo Abe eager to shore up the flagging economy, policy ...