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The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading. A sudden improvement in the outlook for the government deficit
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The next chief of the Federal Reserve will decide when to reverse the easy-money policies of Ben Bernanke, a judgment that could strangle the economic recovery if made too early or trigger runaway inflation if made too late. The task could fall to
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EDT Randy Thompson has become the face of the Nebraska opposition to Keystone XL. (Nathan VanderKlippe/The Globe and Mail) The kid, as Randy Thompson calls the land agent from TransCanada Corp. , wanted to talk...So Mr. Thompson arranged a meeting at
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When Republicans and Obama struck a deal to raise it, they created a super committee of six Democrats and six Republicans and gave them three and a half months to hash out $1.2 trillion worth of cuts to the federal budget over the next decade. If
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The president's approval ratings have leveled off, his push for gun control labeled by the White House as a top priority was defeated and many progressives believe he has been outflanked by Republican leaders on sequestration. The first 100 days of
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President Barack Obama intends to nominate Rep. Melvin Watt to head the Federal Housing Finance Agency , the government regulator that oversees lending giants Fannie Mae and Freddie Mac, a White House official said Tuesday. If confirmed by the Senate,
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Ariel Creamer is a surefire "Champion of Change," explaining why the Rockaways native was at the White House on Wednesday to explain her own heroics after Hurricane Sandy. The 14-year-old returned home after the evacuation and founded Survivors
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Former first lady Laura Bush said Wednesday that her husband did not want his presidential library and museum "to be a monument to himself." Instead, she said at a news conference on the eve of the dedication of the George W. Bush Presidential Center,
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Economist Mark Zandi reportedly is being considered by the Obama administration to head the federal agency that oversees taxpayer-owned Fannie Mae and Freddie Mac as the White House seeks a candidate who could avoid Republican opposition in the
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While Obama's advisers tout his record on the issue, they make clear that an executive order on federal contractors soon is unlikely, arguing that it would carry far less weight than broader congressional action...We think that that's the most robust
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