WASHINGTON — President Barack Obama’s health care overhaul will reduce rather than increase the nation’s huge federal deficits over the next decade, Congress’ nonpartisan budget scorekeepers said Tuesday, supporting Obama’s contention in a major election-year dispute with Republicans. Republicans have ...

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WASHINGTON — Democrats want to push tax cuts through the Senate for companies that hire new workers, give raises or buy major new equipment this year. With neither party eager to let the other claim campaign-season victories, the ultimate fate ...

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WASHINGTON — Republicans ignored a veto threat and overcame a rebellion by party conservatives to push a bill through the House Friday keeping interest rates on millions of federal student loans from doubling this summer. Lawmakers voted 215-195 to approve ...

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WASHINGTON — President Barack Obama pushed Congress Tuesday to give oil market regulators more muscle to deter price manipulation by speculators, the latest White House response to determined Republican attacks on administration energy policies amid high gas prices at the ...

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WASHINGTON — A Democrat on a special deficit-cutting “supercommittee” Wednesday questioned whether Republicans are still interested in negotiating after the panel’s top GOP member said Republicans have “gone as far as we feel we can go” on tax hikes. A ...

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WASHINGTON — President Barack Obama will lay out his jobs plan in a prime television time address next week to a rare joint session of Congress, the White House said Wednesday. Obama sent a letter to House Speaker John Boehner ...

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WASHINGTON — Six days away from a potentially calamitous government default, House Republicans appeared to be coalescing Wednesday around a work-in-progress plan by House Speaker John Boehner to increase the U.S. borrowing limit and chop $1 trillion in federal spending. ...

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WASHINGTON — The GOP-led House is poised to reject a bill Tuesday to increase the nation’s debt limit without the big spending cuts that Republicans are demanding. The move is intended as an embarrassing reminder to Democrats that increasing the ...

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WASHINGTON — Treasury Secretary Timothy Geithner said Monday that he will immediately halt investments in two big government pension plans so the government can continue to borrow money. Geithner informed Congress of his decision in a letter stating that the ...

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WASHINGTON — The GOP plan to replace Medicare with vouchers probably will have to wait, party leaders acknowledged Thursday as lawmakers and the White House bowed to political realities in pursuing a deal to allow more government borrowing in exchange ...

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