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Budget Battles

  • Obama Goes Mano-a-Mano with Oil Speculators

    By Merrill Goozner, The Fiscal Times

    President Obama on Tuesday announced a far-ranging plan to crack down on oil speculation, which he blames in part for the recent run-up in oil prices. The high prices are lightening consumer wallets...

  • GSA Leader Takes the Fifth

    By Thomas Ferraro, Reuters

    A federal government training conference deteriorated over the past decade from a productive annual gathering into "a raucous, extravagant, arrogant" event, a former U.S. government administrator...

  • Romney Hints at Ending Tax Breaks

    By Sam Youngman and DONNA SMITH, Reuters

    Was it case of a politician being candid behind closed doors? Or was he merely leading a provocative discussion of tax proposals?Those were the questions surrounding U.S. Republican Mitt Romney's...

  • Briton Was Poisoned by Chinese

    By CHRIS BUCKLEY, Reuters

    The British businessman whose murder has sparked political upheaval in China was poisoned after he threatened to expose a plan by a Chinese leader's wife to move money abroad, two sources with...

  • How a European Recession Can Infect U.S. Markets

    By Patrick Smith

    Europe is starting to look slightly schizophrenic, and we had all better pay attention. The stock slide last week -- the worst of the year -- was the direct result of wobbly conditions among the...