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Issa subpoenas Madoff trustee on ex-SEC lawyer

WASHINGTON (Reuters) – The House Oversight Committee has subpoenaed records from Bernard Madoff Trustee Irving Picard to determine if a former Securities and Exchange Commission lawyer should have advised the agency on Madoff matters because he inherited money from a Madoff fund. Read the full story.
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Did Obama get his facts straight on schools?

President Barack Obama declared this week that four of five public schools could be labeled as “failing” this year under the No Child Left Behind Act if Congress does not take action to rewrite the law. “That’s an astonishing number,” he said Monday at a Virginia middle school. “We know that four out of five schools in this country aren’t failing.” Obama’s terminology wasn’t quite right, though. There is no “failing” label in the No Child Left Behind Act. And schools that do not meet growth targets — aimed at getting 100 percent of students proficient in math, reading and
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Patraeus supports Afghan war troop drawdown

The top U.S. commander in Afghanistan insists the military can boost Afghan security forces to fight the Taliban, begin a troop drawdown this summer and fulfill President Barack Obama‘s goal of a long-term partnership with the Kabul government. Facing a skeptical Congress and a war-weary public, Army Gen. David Petraeus is trying to build support for the continued and costly U.S. involvement in Afghanistan, telling lawmakers the conflict is turning around despite concerns about the viability of President Hamid Karzai’s government and the dedication of neighboring Pakistan to root out terrorism. The general testifies before the House Armed Services Committee
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