Posts Tagged ‘gov’t’

Gov’t on pace for $1T deficit despite January dip (AP)

AP – The federal deficit was lower through the first four months of the budget year than the same period last year. Still, the deficit is expected to top $1 trillion for the fourth year in a row, putting more pressure on Congress and President Barack Obama in an election year.

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France loses top credit rating, govt says (AP)

Italian Premier Mario Monti attends a debate at the lower chamber in Rome, Thursday, Jan. 12, 2012. Monti says he would support a new tax on financial transactions so long as it applies to the European Union as a whole. Speaking after meeting Wednesday with German Chancellor Angela Merkel, Monti indicated his preference for such a tax for the whole 27-nation bloc, rather than just the 17 countries that use the euro as their currency. (AP Photo/Gregorio Borgia)AP – France was stripped Friday of its top-notch credit rating and rumors swirled in financial markets that its debt-burdened neighbors would be next, complicating Europe’s efforts to solve its financial crisis.


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Gov’t defends core of health care overhaul (AP)

AP – The Obama administration defended the health care overhaul in a filing Friday with the Supreme Court that calls the law an appropriate response to a “crisis in the national health care market.”

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Hundreds of thousands of Syrians protest govt (AP)

Supporters of Syrian President Bashar Assad hold a large banner bearing his likeness during a rally in Damascus, Syria, Friday, Dec. 30, 2011. The rebel Free Syrian Army said Friday it has stopped its offensive against government targets during a month-long mission by Arab Legue monitors, saying it wants to expose how the regime is killing peaceful protesters.(AP Photo/Muzaffar Salman)AP – Hundreds of thousands of Syrians poured into the streets across the nation Friday in the largest protests in months, shouting for the downfall of the regime in a defiant display invigorated by the presence of Arab observers, activists said.


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Bargainers reach deal to head off gov’t shutdown (AP)

House Speaker John Boehner of Ohio pauses during a news conference on Capitol Hill in Washington, Thursday, Dec. 15, 2011. (AP Photo/Susan Walsh)AP – Congressional negotiators reached agreement Thursday on a compromise spending bill to avert a weekend federal shutdown. They also worked toward a deal renewing the payroll tax cut and unemployment benefits for another year but prepared a shorter version as a fallback.


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Congress leaders hope deal near on gov’t shutdown (AP)

Speaker of the House John Boehner, R-Ohio, talks to reporters after House passed legislation to extend Social Security payroll tax cuts, at the Capitol in Washington, Tuesday, Dec. 13, 2011. The GOP-crafted Middle Class Tax Relief and Job Creation Act also included a measure to quickly move ahead with the controversial Keystone XL oil sands pipeline that would run from Canada to Texas. (AP Photo/J. Scott Applewhite)AP – Shifting from confrontation to cooperation, congressional leaders expressed optimism Thursday that agreement was near on extending this year’s payroll tax cut, renewing unemployment benefits and averting a federal shutdown.


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Italian gov’t to convene on new measures Sunday (AP)

In this picture taken Tuesday, Nov. 29, 2011, Italian Premier Mario Monti talks to journalistas at Chigi Palace, Premier's office, in Rome. Monti briefed political leaders Saturday, Dec. 3, 2011, on his package of austerity and economic growth measures ahead of a critical week of Italian and European decision-making to confront the continent's debt crisis. Politicians gave few details about the individual measures Monti outlined, but described them as 'severe'' but necessary since Italy had put off tough economic reforms for too long. (AP Photo/Mauro Scrobogna, LaPresse) ITALY OUTAP – Premier Mario Monti has called a Cabinet meeting in Rome on Sunday to approve emergency austerity and growth measures aimed at saving the euro currency from collapse, his office said in a statement.


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