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Congress shies away from Social Security changes

Congress shies away from Social Security changes

Congress, already nervous about voter backlash from Senior Citizens, is backing away from changes to Social Security but the serious long-term financial problems that threatens the system remains. An annual report from Social Security trustees will highlight those problems when it is released Friday. The report will show Medicare in worse shape than Social Security […]

Senators slam defiant big oil bosses

Senators slam defiant big oil bosses

Oil executives defended the billions of dollars they get in tax breaks on Capitol Hill, only to be chastised by senators, who said their huge profits put them out of touch with consumers facing high gas prices. Democratic lawmakers slammed executives on Thursday over their refusal to give up tax breaks after their companies earned […]

Romney tries to defend hyprocrisy on health care reform

Romney tries to defend hyprocrisy on health care reform

Republican Mitt Romney on Thursday played down the healthcare reforms he crafted as Massachusetts governor as he sought the support of conservatives for his party’s 2012 presidential nomination. The similarities between Romney’s healthcare plan and that of Democratic President Barack Obama, derisively dubbed “Romneycare and Obamacare” by conservatives, are seen as the biggest challenge to […]

Americans more optimistic about economy

Americans more optimistic about economy

Americans are growing more optimistic about the U.S. economy, a sentiment that is benefiting President Barack Obama despite public disenchantment with his handling of rising gasoline prices and swollen government budget deficits. An Associated Press-GfK poll shows that more than 2 out of 5 people believe the U.S. economy will get better, while a third […]