Negotiations on deficit reductions in the past 30 years have been guided by a bipartisan agreement that the spending cuts should not increase poverty.
The AMA reiterated its support for the individual mandate, the most controversial part of President Barack Obama's signature 2012 health care reform.
The FBI plans to issue new rules broadening the discretion of its 14,000 field agents over matters of individual privacy.
Foreign direct investment is an important part of the U.S. economy. Close to six million workers are employed by foreign-owned businesses worth some $3.1 trillion, the White House Council of Economic Advisers reported.
President Obama signed an Executive Order initiating the Campaign to Cut Waste, ordering each department and agency to report regularly to Vice President Biden who will head a new task force on government accountability.
President Obama established the White House Rural Council to develop and implement an economic strategy in the country's rural communities.
54 percent of Americans approve of Obama’s overall job performance, while 45 percent disapprove.