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George W. Bush the costliest former U.S. President at $1.3 million a year

George W. Bush is costing taxpayers $1.3 million a year, the most of any ex-President, according to a report by the nonpartisan Congressional Research Service. Freya Petersen George W. Bush is costing taxpayers $1.3 million a year, the most of any ex-President, according to a report by the nonpartisan…  …

‘Super-Committee’ Democrats push tax hikes first in deficit talks

WASHINGTON (Reuters) – Democrats want tax hikes to be the first item negotiated in “super committee” deficit-reduction talks, trying to force Republicans to confront an issue at the heart of this year’s budget fights, sources told Reuters. The tough stance by Democratic members of the powerful 12-member congressional panel reflects…

Obama plans $42 billion cut in war costs next year

A plan to reduce the number of troops in Iraq and Afghanistan means that the Pentagon’s war budget can be cut by $42 billion in fiscal year 2012. That’s a 26 percent decrease from fiscal 2011, when $159 billion was budgeted. “The proposed $117 billion for fiscal year 2012, which…

Conservatives growing weary of Afghan war: study

A new survey commissioned by the Afghanistan Study Group reveals that conservatives and tea party voters are growing concerned about the sustainability of US operations in Afghanistan. Sixty-six percent of conservatives said the US should diminish its military presence in Afghanistan — 39 percent supported reduced troop levels while 27…

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