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Former WI Gov. Tommy Thompson files for Senate race

Tommy Thompson, the former governor of Wisconsin, officially filed his paperwork to become a Republican candidate for the state’s Senate seat in 2012, his campaign confirmed to Raw Story. Thompson filed his Statement of Candidacy with the Federal Election Commission Tuesday, the final step that establishes him as a candidate.…

China says ‘firmly opposes’ U.S. Senate currency bill

China said Tuesday it “firmly opposed” a US Senate bill aimed at punishing Beijing for its alleged currency manipulation, which is expected to make its final passage later this week. The bill — which comes 13 months ahead of US elections in which high unemployment is likely to be an issue — sets…

Obama wants jobs bill vote this month

US President Barack Obama on Monday piled new pressure on Congress to pass his $447 billion jobs bill, saying he wanted Congress to vote on the measure this month. The president said in a cabinet meeting that it was time for lawmakers to act on the plan, a mix of…

Warren, Brown in dead heat: poll

Consumer advocate Elizabeth Warren is in a dead heat with Sen. Scott Brown (R-MA) in the latest poll results for the 2012 election for a Massachusetts Senate seat. The poll, conducted by University of Massachusetts-Lowell and the Boston Herald, shows Democrat Warren polling at 38 percent, trailing Brown’s 41 percent.…

Republicans seeking to ‘thwart change’: Geithner

Treasury Secretary Timothy Geithner blamed Republican lawmakers for seeking to weaken reforms that he says have strengthened the US financial system after the 2008 economic meltdown. “Where are we today, a year since the Wall Street Reform and Consumer Protection Act was signed into law?” Geithner wrote in an opinion…

U.S. House to hold symbolic debt vote

Defying a White House veto threat, US lawmakers vote Tuesday on a “Tea Party”-backed plan requiring draconian cuts in government spending as the price to avert a ruinous early August debt default. The Republican-led House of Representatives was to take up a “Cut, Cap, and Balance” blueprint to raise the…

Senate confirms first openly gay district judge

WASHINGTON — The US Senate late Monday overwhelmingly confirmed the first openly gay male federal judge in US history. Senators voted 80-13 to confirm Paul Oetken to the Federal District Court for the Southern District of New York. Senate Judiciary Committee Chairman Patrick Leahy praised Oetken as “a superbly qualified…

Senate plan to avert U.S. debt default takes shape

A bipartisan group of US Senators tried Monday to cobble together a deficit reduction plan that would allow President Barack Obama to avert a potentially catastrophic debt default in return for $1.5 trillion in spending cuts. With two weeks to go until what Obama has termed economic “Armageddon,” the rival…

White House confident of averting debt default

The White House expressed confidence Sunday that a damaging debt default would be averted, but warring US lawmakers appeared no closer to a deal to rein in America’s budget deficit. President Barack Obama has urged rival Democrats and Republicans to strike a “grand bargain” to reduce the yawning deficit by…

Obama, lawmakers press ahead on elusive debt deal

WASHINGTON (Reuters) – President Barack Obama and congressional leaders pressed ahead with private talks on deficit reduction on Saturday, seeking an as-yet-elusive way to lift the debt ceiling and avoid a U.S. default next month. Congress must raise the $14.3 trillion limit on U.S. borrowing by August 2 or the…

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