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CBO: Republican budget ramps up medical expenses for seniors

WASHINGTON – The ambitious Republican budget proposal unveiled Tuesday would dramatically increase health care costs for America’s seniors by 2030, according to the Congressional Budget Office. The 10-year blueprint, authored by House Budget Committee Chairman Paul Ryan (R-WI), was championed by GOP Congressional leaders and cautiously backed by 2012 presidential…

Schumer bashes Boehner for failing to stand up to the tea party

A government shutdown appeared all but certain Wednesday as Sen. Chuck Schumer (D-NY), a key broker in the negotiations, went on NBC’s “Today Show” to drive home a message to House Speaker John Boehner (R-OH). “They keep moving the goalposts back and that’s because Speaker Boehner is pulled by the…

Verizon added to long list of companies impacted by massive Epsilon data breach

NEW YORK (Reuters) – Customers of Verizon Communications had their email addresses exposed in a massive online data breach last week, according to an email to customers obtained by Reuters. In what could be one of the biggest such attacks in U.S. history, a computer hacker penetrated the online marketer…

Google is in the FTC’s “regulatory crosshairs,” may be investigated for anti-trust

WASHINGTON (Reuters) - U.S. antitrust regulators may investigate Google Inc’s dominance of the Web search industry, and will settle on the agency to launch a probe once scrutiny into the company’s plan to buy ITA software is done, a source told Reuters on Tuesday. The Federal Trade Commissionand Justice Department will decide which has…

Granholm reportedly shortlisted to head consumer protection bureau

WASHINGTON (Reuters) – The White House is considering Federal Reserve Governor Sarah Raskin and former Michigan Gov. Jennifer Granholm to head a new agency charged with protecting consumers of financial products, a source aware of the process said on Tuesday. The consumer protection body will have broad powers to rein…

Shutdown nears as Congress struggles to find budget deal

WASHINGTON (Reuters) — With a government shutdown looming, congressional negotiators were to meet again on Wednesday and could be called to the White House for a second meeting with President Barack Obama to search for a deal to keep agencies running beyond Friday. The two sides must resolve what programs…

Wisconsin incumbent judge Prosser clings to lead in vote

MADISON, Wis (Reuters) – A routine election for a Wisconsin Supreme Court seat that became a referendum on the state’s new curbs on unionized public employees appeared too close to call early on Wednesday with the incumbent clinging to a narrow lead. With 98 percent of the state’s precincts reporting…

Warning agencies to prep for shutdown, Obama digs in on budget war

WASHINGTON (AFP) – An impatient President Barack Obama is in a high-stakes battle to clinch a budget deal and avert a government shutdown by Friday’s deadline, but his dramatic intervention failed to break the deadlock. Obama upped the ante after he met top Republican and Democratic leaders at the White…

‘Ageing’ Obama seeks new zest from supporters

WASHINGTON — US President Barack Obama admitted he had lost some of his youthful zest, but called on his grass-roots army to lift him to a second term in the White House. Obama also said on a conference call that his “day job” battling global crises from the slow economic…

Mexican police arrest cartel member in probe of U.S. customs agent’s murder

MEXICO CITY (AFP) – Mexican police have captured a member of the Zetas drug cartel who allegedly participated in a February attack on US customs agents that left one dead, officials said. Jose Manuel Garcia Soto was arrested on Saturday in the northern state of San Luis Potosi, the Secretariat…

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