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U.S. to profit from selling remaining stake in AIG

Dec 11, 2012
It looks like the U.S. government’s rescue of insurance giant AIG is coming to an end. And, amazingly enough, it’s a happy ending: The government is selling the last of its AIG stock -- for a profit.
Posted In: AIG, bailout, government spending

Economists encouraged by third-quarter growth

Oct 26, 2012
The government is estimating U.S. GDP grew two percent for the past three months. The figure is better than economists had expected -- but then again, they weren't expecting much.
Posted In: GDP, consumer spending, government spending

Do Americans want less government?

Sep 20, 2012
Mitt Romney and President Obama will be crisscrossing the state of Florida today. In recent weeks, one issue is becoming central to the campaign: Whether the government is over-regulating business.
Posted In: government, Mitt Romney, government spending

The costs of the Curiosity rover to Mars

Aug 6, 2012
The NASA rover Curiosity landed on the surface of the red planet late last night. And it was all hugs at NASA's Jet Propulsion Lab in California. That's because it took a lot of work -- and money -- to make this moment possible.
Posted In: mars, government spending, NASA, Curiosity rover

Health care law could reduce government costs

Jul 25, 2012
A report from the Congressional Budget office says President Obama's health care law could save the federal government $84 billion over the next decade. That savings is mostly because of the Supreme Court ruling last month, and a part of the law it ruled out.
Posted In: health care reform law, medicaid, government spending

Transportation deal could be reached in Washington

Jun 29, 2012
Lawmakers in Washington are poised today to approve a bill that provides billions for transportation projects and lowers student loan interest rates.
Posted In: Washington D.C., Transportation, government spending

Should U.S. fear austerity?

May 2, 2012
Commentator Robert Reich says new recession could follow if the U.S. adopts Europe's deep cuts in government spending.
Posted In: austerity, government spending

President Obama speaks on Afghanistan drawdown

May 2, 2012
America's role in the war in Afghanistan is winding down, according to President Obama, who gave a speech in Kabul, Afghanistan last night.
Posted In: Barack Obama, government spending, afghanistan

Deficit cutting vs. social spending: Finding a balance

Mar 12, 2012
Commentator Liz Herman says we need to find a way to both reduce the deficit and spend the right amount on social services.
Posted In: budget deficit, national debt, social services, government spending

Florida latest state to try to control food stamp purchases

Jan 30, 2012
After similar legislation failed in California, Texas, and Illinois, a lawmaker in Florida is hoping to ban the use of food stamps to buy soda, candy, and other junk food.
Posted In: food stamps, government spending, junk food

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