President Obama's budget meets early GOP skepticism -
Sunday, February 12, 2012
(Fox News) Drawing on $1 trillion in deficit reductions already negotiated in last summer's debt ceiling deal, President Obama's next fiscal year budget -- out Monday -- will call for an additional $1.5 trillion in spending cuts to go with $1.5 trillion in new taxes on corporations and high-income earners.
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USPS Loses $3.3B, Warns of Cash Drain -
Thursday, February 09, 2012
(Bloomberg) The U.S. Postal Service said it lost $3.3 billion in the quarter ended Dec. 31 -- typically its strongest -- and that it expects to run out of cash in October unless Congress agrees to cuts in facilities and employees.
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Santorum's Sweep Shakes Up Race -
Wednesday, February 08, 2012
(Fox News) Republican presidential candidate Rick Santorum upsets rival Mitt Romney to win the Colorado caucuses as he sweeps Tuesday's GOP contests, also winning the non-binding Missouri primary and the Minnesota caucuses.
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Romney's lead dips despite wins: Reuters/Ipsos poll -
Tuesday, February 07, 2012
(Reuters) - Despite his strong showing in early state contests in the race for the Republican presidential nomination, Mitt Romney's support nationwide has dipped slightly during the past month, according to a new Reuters/Ipsos poll released on Tuesday.
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U.S. tries to ease confusion over Afghan plans -
Thursday, February 02, 2012
(Reuters) - U.S. forces will cede the lead role in combat operations in Afghanistan next year, but will keep fighting alongside Afghan troops, Defense Secretary Leon Panetta said on Thursday, as the Obama administration struggled to clear up confusion over its Afghan exit strategy.
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