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There’s cynicism, and then there’s Congress.

In the latest example of dysfunctional Congressional gridlock, the Democratic-led Senate is certain to reject a House of Representatives-passed Republican bill, House Resolution 3630, the 369-page ‘‘Middle Class Tax Relief and Job Creation Act of 2011,’’ to extend the payroll tax cut.

The sticking (sticky) point?

The Congress' Super Committee is supposed to have a bill ready for a vote by Nov. 23 that will cut USD1.5 trillion in federal government spending over the next decade. Congress is then supposed to vote on the bill by Dec. 23.

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Twentieth-century American military history has two iconic dates - 7 December 1941, the attack on Pearl Harbor and 6 June 1944, D-Day, when the liberation of Europe began.

The price to taxpayers of the bailouts and financial rescue of 2008 and 2009 continues to fall sharply. In figures to be released later today, the Treasury Department will report that the final net cost of the TARP is expected to be about $50 billion,Yahoo! Finance has learned.

100-plus tax breaks on the line

Posted by moneymaker on August 25th, 2010

When it comes to putting off assignments, college students have nothing on Congress.

Case in point: Lawmakers have yet to decide the fate of more than 100 tax breaks that either already expired at the end of 2009 or will expire by the end of this year.

More than half of the state governors urged the federal government to adopt a nationwide renewable energy standard to replace the patchwork of state legislation and foster growth of wind and other alternative energy resources.

The simmering difficulties in the US strategic relationship with the People’s Republic of China (PRC) were, by the beginning of 2010, ready to emerge despite the attempts of the US Administration of Pres. Barack Obama to show a pattern of deference to Beijing.

Jobs - Permanent Jobs - Millions Of 'Em

Posted by sanserve on November 18th, 2009

Class warfare politics is America's shame. The majority of Americans want the opportunity to succeed at something, to become rich and famous, even. We don't want free; we want affordable. We want to be in control of our own destinies. We want jobs, world-class education, and healthcare that doesn't have to look over its shoulder for ambulance chasers.

Investors and political analysts should keep a sharp eye on the congressional assault on Federal Reserve independence.

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