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By Richard Rubin, Bloomberg |
April 10, 2013
President Barack Obama wants to again rely on the top-earning U.S. households for most of the tax increases he’s proposing.
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By 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.
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By Heidi Przybyla and Roger Runningen, Bloomberg |
April 4, 2013
The White House is telling lawmakers that President Barack Obama’s budget plan will mirror previous deficit-cutting proposals, which included changing the calculation for Social Security cost-of-living increases and tax brackets.
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By Brian Faler, Bloomberg |
March 21, 2013
Congress gave final approval to legislation to avert a partial government shutdown in a rare example of bipartisan cooperation on federal spending.
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By Roger Runningen, Bloomberg |
March 15, 2013
President Barack Obama, in an annual economic message to Congress, said the “top priority” of his second term is job creation, fueled by an effort to make the U.S. a magnet for manufacturing.
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By Brian Faler, Bloomberg |
March 12, 2013
U.S. House Budget Committee Chairman Paul Ryan today unveiled a revised tax-and-spending proposal that he says would eliminate the deficit within a decade by cutting $4.6 trillion out of a vast swath of federal expenditures.
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By Nikolaj Gammeltoft and Sarah Pringle |
February 25, 2013
The benchmark volatility gauge for American stock options rose the most in 18 months as stocks tumbled.
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By Stephen Kirkland and Susanne Walker, Bloomberg |
January 23, 2013
U.S. stocks gained while Treasuries trimmed an earlier advance as the House voted to temporarily suspend the the federal debt limit. The yen climbed for a third day after the Bank of Japan deferred new monetary stimulus.
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By Nicholas Larkin |
January 3, 2013
Gold traders expect prices to rebound from the longest weekly losing streak in eight years amid mounting concern that U.S. lawmakers are doing too little to control the deficit.
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By Yi Tian and Maria Kolesnikova |
December 21, 2012
Gold gained for the first time in four days as an impasse in U.S. budget talks boosted demand for the metal as an investment haven.
