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Obama Proposes $3 Tn Deficit Cut Plan. $1.5 trillion of this in Tax Revenue
The $3 trillion deficit reduction plan to be put forth by U.S President Barack Obama on Monday will include generating half of this, i.e., …
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Latest Debt Ceiling Plan Unsettles Democrats
The deal that U.S President Barack Obama and Republican House speaker John Boehner seem to be closing in on has reportedly evoked harsh reactions …
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U.S Debt Ceiling Debate, Euro Woes Push Investors towards Gold
With the precious yellow metal touching a record $1600 an ounce earlier today, while some investors with large gold holdings are rejoicing, it could …
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Obama, Republicans Deadlocked over Debt Ceiling & Spending Cuts
Are we looking at a U.S Default Scenario ? With the August 2 deadline looming ahead, U.S President Barack Obama met with congressional leaders …
