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Discussing the state of healthcare reform, with Daniel Clifton, Strategas Research Partners head of policy research.
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President Barack Obama comments on U.S.-China strategic and economic issues.
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Interview with Harvard University School of Public Health Professor Katherine Baker (Bloomberg News)
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The Group of Eight three-day summit concluded today with mixed results . The rich nations failed to agree on long-term goals for climate change, but they pledged a greater amount of money for agricultural support in poor countries. Members of the G8 pledged to spend $20 billion, $5 billion more than...
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The U.S. financial system will be repaired , confidence restored and the economy will return to prosperity, President Barack Obama pledged as he adopted a more upbeat tone in his first address to Congress on Tuesday evening. While the President acknowledged that his administration inherited one of the...
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President Barack Obama pledged to cut the fiscal deficit in half by the end of his first term on Monday, and stressed the importance of responsible spending. Speaking at the White House, Obama said there is an immense fiscal deficit challenge that lies ahead for the United States. "You don't...
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Markets are awaiting the introduction of U.S. President Barack Obama's housing plan this morning, where he expected to announce a $50 billion plan to aid U.S. homeowners and stem foreclosures. In terms of data, markets will receive U.S. housing starts and industrial production figures. Obama will...
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The U.S. House of Representatives passed Barack Obama's $819 billion stimulus plan Wednesday night. Parts of the plan include spending on welfare, food stamps, unemployment benefits and community action agencies. Also, $40 billion will go towards healthcare, $43 billion to public infrastructure projects...
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President-elect Barack Obama said the ongoing crisis didn't happen by accident or through a normal turn in the business cycle, but rather it was the outcome from an "era of profound irresponsibility." He said bold action must be taken to prevent a bad situation from becoming dramatically...
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President-elect Barack Obama added two figures to his economic cabinet , naming Peter Orszag as his White House budget director and Robert Nabors as Orszag's deputy, at a press conference on Tuesday. Since January 2007, Orszag has been director of the Congressional Budget Office, overseeing a staff...
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As President-elect Barack Obama works to put together a new team the focus of the media has largely been on his selection of Secretary of the Treasury . This cabinet office has always been important to the functioning of the government and the financial markets but has generally not generated the interest...
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With the economy being the number one issue for a majority of U.S. voters, President-Elect Barack Obama's pick of Treasury Secretary is viewed as one of the most important choices in the Democrat's cabinet. Each candidate on the shortlist has a long resume to equip them for the job. The three...
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It seems miraculous, but on Tuesday when Senator Barack Obama called for an increase in federal deposit insurance deposit levels , no one disagreed with him. In fact the other major party political candidate Senator John McCain reiterated the need for an increase, even crediting Obama for the idea, as...
Posted to
MND NewsWire
by
Jann Swanson
on
Wed, Oct 1 2008
Filed under:
Filed under: FDIC, president bush, john mccain, barack obama, fdic, sheila bair, john mccain, president bush, sheila bair, fdic increase, barack obama, fdic increase
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Democratic presidential candidate Barack Obama said the government's bailout plan must aid main street and not just Wall Street. Delivering remarks about the proposed bailout plan, Obama said the credit crunch is hitting small business and students. "Swift and unprecedented action to shore up...
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In an interview with Bloomberg on Monday night, U.S. presidential candidate Barack Obama said he doesn't think the Federal Reserve has to "do everything." He said Treasury Secretary Henry Paulson's streamlined rules were a good choice, and that it was "premature" for the U...