By ASSOCIATED PRESS WASHINGTON — Ending a perilous stalemate, President Barack Obama and congressional leaders announced agreement Sunday night on an emergency deal to avoid to avert the nation’s first-ever financial default. The arrangement would cut more than $2 trillion from federal spending over a decade. The dramatic agreement, with scant time remaining before Tuesday’s [...]
[..more]ASSOCIATED PRESS WASHINGTON — House Speaker John Boehner abruptly broke off talks with President Barack Obama on Friday night on a deal to make major cuts in federal spending and avert a threatened government default, sending already uncertain compromise efforts into instant crisis. Within minutes, an obviously peeved Obama virtually ordered congressional leaders to the [...]
[..more]It is difficult to grasp the magnitude of the numbers being bandied about in Washington, D.C., where billions are now pocket change and millions lie six places to the right of the decimal point, too little to trifle with in the current discussion.
[..more]Independence Day weekend. Time for parades, cookouts and fireworks. It’s also time for trivia, because while there’s nothing trivial about freedom, the wealth of history and lore surrounding July 4 demands that every once in a while we review the lives of the Founding Fathers, the origins of our seminal documents and the volume of beans coming from North Dakota.
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