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Slower than expected growth adds more bad economic news

The economy regained speed in the first quarter, but not as much as expected, heightening fears it could struggle to cope with deep government spending cuts and higher taxes. Gross…

Dissecting GOP spin on taxes

Dissecting GOP spin on taxes

The expiration of Bush-era tax cuts in January has sparked a partisan bickering match this election season, and much of the rhetoric from both Democrats and Republicans is misleading. A…

Economic woes expected to continue

Economic woes expected to continue

The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of…

Government debt reaches record $13 trillion

Government debt reaches record $13 trillion

US debt has reached 13 trillion dollars for the first time in history, the Treasury Department said Wednesday, stoking a political furor over government spending. Amid vast government outlays designed…