Older Americans concerned about U.S. debt crisis

07/18/11 In a little more than two weeks, the federal government won't have enough money to meet all of its financial obligations.  House Republicans meantime are preparing to vote this week to allow the government to borrow more money as long as Congress approves a balanced budget constitutional amendment.  The longer it takes to strike a deal older Americans who rely on government benefits are growing ...

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Why The Democratic Party Is Doomed

07/18/11 The Democratic Party, as we have known it for the past 70 years, is now in its last days.Yes, the House Republicans may raise the debt ceiling for a mix of spending cuts and revenue raisers. Yes, Barack Obama may win the 2012 presidential contest. Yes, bureaucrats and judges will continue to impose new and costly regulations on the economy.But it doesn't matter. The long-term trends are almost ...

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Debt Compromise Pressure Intensifies as Obama to Resume Talks

07/19/11 A bipartisan Senate proposal for a $3.7 trillion debt-cutting plan praised by President Barack Obama faces resistance from House Republicans, as lawmakers intensify efforts for a compromise on government spending less than two weeks before a threatened default.

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