Mike Dorning, Bloomberg

Economy seen as biggest winner as U.S. budget impasse eases

Mike Dorning, Bloomberg

December 12, 2013

The budget agreement reached by congressional Democrats and Republicans would provide only a modest boost to the U.S. economy. The psychological effect is likely to be a lot greater.

Obama abandons stimulus for benefit cut to draw Republicans

Mike Dorning, Bloomberg

April 8, 2013

Less than a week after job-creation figures fell short of expectations and underscored the U.S. economy’s fragility, President Barack Obama will send Congress a budget that doesn’t include the stimulus his allies say is needed and instead embraces cuts in an appeal to Republicans.

Obama brawl with Congress looms as investors unalarmed

Mike Dorning, Bloomberg

January 4, 2013

Fresh from one budget fight, President Barack Obama and Congress are heading for an even bigger confrontation over raising the nation’s debt limit.