Politics

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Question: Please explain the trade deficit. What is it? Why is it important? Is it an indicator like taking someone’s temperature or is it a debt that has to be paid? Does it relate directly to our national debt?…

Mar 30

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After months of dire sales predictions and billions loaned in government aid, President Barack Obama laid out a series of tough terms for ailing U.S. automakers, including the ouster of General Motors CEO Rick Wagoner.

Mar 27

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On Friday, President President Barack Obama announced his administration's new strategy for dealing with the al-Qaida terrorist organization and the Taliban in Afghanistan and Pakistan. Here are his remarks, as released by the White House:…

Telling lawmakers that the U.S. financial system has grown "too unstable and fragile," Treasury Secretary Timothy Geithner rolled out the Obama administration's plans Thursday for a massive overhaul of the government's financial oversight role.