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Senator Charles Schumer: GOP-led House will pass immigration reform

By John Whitesides WASHINGTON (Reuters) – The Republican-controlled House of Representatives will bow to political pressure and pass the immigration bill approved by the Democratic-led Senate by the end of the year, Democratic Senator Charles Schumer predicted on Sunday. Schumer, a member of the bipartisan Senate group that crafted the…

Tax on rich will pay for Obama jobs plan: Democrats

WASHINGTON (Reuters) – U.S. millionaires would be hit with a new 5 percent surtax to pay for President Barack Obama’s $447 billion jobs program under a new funding plan unveiled Wednesday by his fellow Democrats in the Senate. Senate Democratic Leader Harry Reid said he aims to hold votes within…

Lawmakers close to deal to avoid default

WASHINGTON (Reuters) – U.S. lawmakers were close to a last-minute $3 trillion deal on Sunday to raise the U.S. borrowing limit and assure financial markets that the United States will avoid a potentially catastrophic default. “We’re very close,” said Senate Minority Leader Mitch McConnell, the top Senate Republican who is…

Government shutdown threat looms over budget fight

WASHINGTON (Reuters) – Senior Senate Democrats slammed Republicans on Sunday for a “reckless” threat to shut down the government as political posturing intensified on both sides over federal spending and the budget deficit. The House of Representatives approved legislation on Saturday to cut federal spending by $61 billion through September.…

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