U.S. Senate Career
Obama, encouraged by poll numbers, decided to run for the U.S. Senate open seat vacated by Republican Peter Fitzgerald. In the 2004 Democratic primary, he won 52 percent of the vote, defeating multimillionaire businessman Blair Hull and Illinois Comptroller Daniel Hynes. That summer, he was invited to deliver the keynote speech in support of John Kerry at the 2004 Democratic National Convention in Boston. Obama emphasized the importance of unity, and made veiled jabs at the Bush Administration and the diversionary use of wedge issues.After the convention, Obama returned to his U.S. Senate bid in Illinois.
His opponent in the general election was supposed to be Republican primary winner Jack Ryan, a wealthy former investment banker. However, Ryan withdrew from the race in June 2004, following public disclosure of unsubstantiated sexual deviancy allegations by Ryan's ex-wife, actress Jeri Ryan.
In August 2004,diplomat and former presidential candidate Alan Keyes accepted the Republican nomination to replace Ryan. In three televised debates, Obama and Keyes expressed opposing views on stem cell research, abortion, gun control, school vouchers and tax cuts. In the November 2004 general election, Obama received 70 percent of the vote to Keyes' 27 percent, the largest electoral victory in Illinois history. With his win, Barack Obama became only the third African-American elected to the U.S. Senate since the Reconstruction.
Sworn into office January 4, 2005, Obama partnered with Republican Senator Richard Lugar of Indiana on a bill that expanded efforts to destroy weapons of mass destruction in Eastern Europe and Russia. Then, with Republican Senator Tom Coburn of Oklahoma, he created a website to track all federal spending. Obama also spoke out for victims of Hurricane Katrina, pushed for alternative energy development, and championed improved veterans' benefits.
His second book, The Audacity of Hope: Thoughts on Reclaiming the American Dream, was published in October 2006. The work discussed Obama's visions for the future of America, many of which became talking points for his eventual presidential campaign. Shortly after its release, it hit No. 1 on both the New York Times and Amazon.com best-seller lists.
2008 Presidential Election
In February 2007, Obama made headlines when he announced his candidacy for the 2008 Democratic presidential nomination. He was locked in a tight battle with former first lady and then-U.S. senator from New York Hillary Rodham Clinton. On June 3, 2008, however, Obama became the presumptive nominee for the Democratic Party, and Senator Clinton delivered her full support to Obama for the duration of his campaign. On November 4, 2008, Barack Obama defeated Republican presidential nominee John McCain, 52.9 percent to 45.7 percent, winning election as the 44th president of the United States—and the first African-American to hold this office. His running mate, Delaware Senator Joe Biden, became vice president. Obama's inauguration took place on January 20, 2009.When Obama took office, he inherited a global economic recession, two ongoing foreign wars and the lowest international favorability rating for the United States ever. He campaigned on an ambitious agenda of financial reform, alternative energy, and reinventing education and health care—all while bringing down the national debt. Because these issues were intertwined with the economic well-being of the nation, he believed all would have to be undertaken simultaneously. During his inauguration speech, Obama summarized the situation by saying, "Today I say to you that the challenges we face are real. They are serious and they are many.
They will not be met easily or in a short span of time. But know this, America: They will be met."
First 100 Days
Between Inauguration Day and April 29, 2009, the Obama Administration took to the field on many fronts. Obama coaxed Congress to expand health care insurance for children and provide legal protection for women seeking equal pay. A $787 billion stimulus bill was passed to promote short-term economic growth. Housing and credit markets were put on life support, with a market-based plan to buy U.S. banks' toxic assets. Loans were made to the auto industry, and new regulations were proposed for Wall Street. He also cut taxes for working families, small businesses and first-time home buyers. The president also loosened the ban on embryonic stem cell research and moved ahead with a $3.5 trillion budget plan.Over his first 100 days in office, President Obama also undertook a complete overhaul of America's foreign policy. He reached out to improve relations with Europe, China and Russia and to open dialogue with Iran, Venezuela and Cuba. He lobbied allies to support a global economic stimulus package. He committed an additional 21,000 troops to Afghanistan and set an August 2010 date for withdrawal of U.S. troops from Iraq. In more dramatic incidents, he took on pirates off the coast of Somalia and prepared the nation for a swine flu attack. For his efforts, he was awarded the 2009 Nobel Peace Prize by the Nobel Committee in Norway.
2010 State of the Union
On January 27, 2010, President Obama delivered his first State of the Union speech. During his oration, Obama addressed the challenges of the economy, proposing a fee for larger banks, announcing a possible freeze on government spending in 2010 and speaking against the Supreme Court's reversal of a law capping campaign finance spending. He also challenged politicians to stop thinking of re-election and start making positive changes, criticizing Republicans for their refusal to support any legislation, and chastizing Democrats for not pushing hard enough to get legislation passed. He also insisted that, despite obstacles, he was determined to help American citizens through the nation's current domestic difficulties. "We don't quit. I don't quit," he said. "Let's seize this moment to start anew, to carry the dream forward, and strengthen our union once more."
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