XML FeedsArchives for: January 2011
GM withdrawing government loan application
By News on Jan 27, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_GM_LOANS?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- General Motors says it is withdrawing its application for $14.4 billion in federal government loans it had sought to help modernize plants to build fuel-efficient cars....House votes to end subsidies for candidates
By News on Jan 27, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_CAMPAIGN_FINANCE?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- Eager to cut spending, the Republican-controlled House voted to end multimillion-dollar federal subsidies for presidential candidates and national political conventions on Wednesday, the first of what party leaders promised will be weekly, bite-sized bills to attack record deficits....Egypt's protests enter 2nd day, ominous for regime
By News on Jan 26, 2011
Link: http://hosted.ap.org/dynamic/stories/M/ML_EGYPT_PROTEST?SITE=ILMOL&SECTION=HOME&TEMPLATE=DEFAULT
CAIRO (AP) -- Thousands of Egyptians vented their rage against President Hosni Mubarak's autocratic government in a second day of protests Wednesday that defied a ban on public gatherings. Baton-wielding police responded with tear gas and beatings in a crackdown that showed zero tolerance for dissent....Social Security fund now seen to be empty by 2037
By News on Jan 26, 2011
Link: http://hosted.ap.org/dynamic/stories/S/SOCIAL_SECURITY?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- Sick and getting sicker, Social Security will run at a deficit this year and keep on running in the red until its trust funds are drained by about 2037, congressional budget experts said Wednesday in bleaker-than-previous estimates....CBO: this year's budget deficit to hit $1.5T
By News on Jan 26, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_BUDGET_DEFICIT?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- A continuing weak economy and last month's bipartisan tax cut legislation will drive the government's deficit to a record $1.5 trillion this year, a new government estimates predicts. The eye-popping numbers mean the government will continue to borrow 40 cents for every dollar it spends....