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Pay By The Mile

Posted: 02/27/2009 - A special commission on transportation created by Congress is suggesting hiking gasoline taxes and charging motorists by the miles to help pay for road projects.

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Firms Defraud Government But Get New US Contracts

Posted: 02/27/2009 - Companies that defrauded the United States and jeopardized American lives received new government work despite rulings designed to stop them from receiving federal contracts, government investigators report.

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Sony President Stepping Down; CEO Stringer Remains

Posted: 02/27/2009 - Sony Corp. said Friday that Ryoji Chubachi is stepping down as president, and Howard Stringer, chairman and chief executive, will stay on, adding the presidency as another title.

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ECU Grads Find Possible Job Leads In Troubling Economy

Updated: 02/26/2009 - As it stands right now in this country, future graduates face the real world with little opportunities for work. Although, there is good news for East Carolina University education majors.

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No More Free Lunch: Schools Get Tough On Deadbeats

Posted: 02/26/2009 - A cold cheese sandwich, fruit and a milk carton might not seem like much of a meal — but that's what's on the menu for students in New Mexico's largest school district without their lunch money.

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Official: Budget Projects $1.75 Trillion Deficit

Posted: 02/26/2009 - President Barack Obama is sending Congress a budget Thursday that projects the government's deficit for this year will soar to $1.75 trillion, reflecting efforts to pull the nation out of a deep recession and a severe financial crisis.

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Mortgage Relief Bill Set For House Vote

Posted: 02/26/2009 - Debt-strapped homeowners facing foreclosure could resort to bankruptcy to force reductions in their monthly mortgage payments under a measure awaiting a House vote.

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Obama Sending Massive First Budget To Congress

Posted: 02/26/2009 - President Barack Obama is sending Congress a $3 trillion-plus budget, a spending blueprint that will project astronomical deficits that reflect the cost of getting the country out of a deep recession and a severe financial crisis.

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Recession, Bailout, Stimulus: US Security Threats?

Posted: 02/26/2009 - Trillions of dollars in government spending might stabilize the economy, but for now it may have weakened some U.S. security interests abroad and hampered the nation's ability to respond financially to an attack at home.

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Big Banks Get Ready For White House Stress Tests

Posted: 02/25/2009 - The Obama administration is getting ready to conduct "stress tests" on the nation's biggest banks to judge whether they can hold up if the recession were to worsen.

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Travel Habits Changing Due To Recession

Posted: 02/24/2009 - Travel agents say they haven't seen a decline in people traveling, instead they've seen changes in travelers habits such as people booking at the last minute, only two to three weeks in advance.

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Moving Nation From Sick Care Toward Wellness Care

Posted: 02/24/2009 - Popping a pill can cut your cholesterol. But did the doctor also prescribe cutting the stress that's eroding your immune system? Or teach you how to exercise without worsening painful joints?

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State Insurance Head Defends Higher Beach Plan Rates

Updated: 02/23/2009 - Insurance Commissioner Wayne Goodwin said Monday that lawmakers could upset the balance between competition and the need to beef up the state-sanctioned beach insurance plan.

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Obama To Convene Fiscal Summit At White House

Posted: 02/23/2009 - President Barack Obama is bringing together dozens of advisers and adversaries to discuss how to curb a burgeoning federal deficit laden with Social Security, Medicare and Medicaid obligations.

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Europe Economy Summit

Updated: 04/27/2009 - German officials say European leaders gathered in Berlin have backed sweeping regulations for financial markets and hedge funds.

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Official: Obama Wants To Halve Budget Deficit

Posted: 02/22/2009 - Barack Obama wants to cut the federal deficit in half by the end of his first term, mostly by scaling back Iraq war spending, raising taxes on the wealthiest and streamlining government, an administration official said Saturday as the president worked to finalize his first budget request.

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