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Schumer: Debt Crisis Threatens NYers Benefits
NEW YORK (CBSNewYork/AP) — New York Sen. Charles Schumer says failure to the national debt crisis threatens New Yorkers’ Social Security and veterans’ benefits checks. Without action in Washington to...
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No Decisions Announced At New York Federal Reserve Meeting As Debt Ceiling...
NEW YORK (CBSNewYork/AP) — Executives from the country’s biggest banks met with U.S. Treasury officials Friday to discuss how debt auctions will be handled if Congress fails to raise the borrowing...
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President Obama Announces Debt Deal
NEW YORK (CBSNewYork/AP) — Ending a perilous stalemate, President Barack Obama and congressional leaders announced agreement Sunday night on an emergency deal to avoid to avert the nation’s first-ever...
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Markets Drop After Debt Ceiling Agreement
NEW YORK (CBSNewYork) — When President Barack Obama signed the debt deal on Tuesday, it was supposed to signal to the world that America’s finances were on the right track. But Wall Street didn’t buy...
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Opinion: Romney’s Nixonian Secret Plans
Does Mitt Romney understand the job he is interviewing for? After the speech he gave to Hispanic legislators yesterday in Orlando the answer clearly is no. Like a financier spinning fanciful scenarios...
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Opinion: Republicans Vote For Denial Of Affordable Health Care Again
Today, once again, House Republicans will vote to deny Americans healthcare coverage. The Affordable Care Act, also known as Obamacare, was passed by Congress, signed by the President and upheld by...
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Opinion: Economic Confidence Rises Despite Republican Efforts Against It
Republicans have been talking down the economy for almost four years. An economic recovery has not been viewed by Republican politicos as what is best for the American family or for the United States...
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Opinion: Four More Years Of Gridlock
The 2012 presidential election results gave the United States Congress little reason to end the gridlock that has plagued President Barack Obama for the past two years. After all, the politicians who...
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Opinion: Pelosi Stays On As Leader, Continuing To Defy The GOP War On Women
Depending on how leadership elections go in the minority party in the House and in the Senate, it looks as if all the party leaders will be the same as they were in the last Congress. Unless House...
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Opinion: GOP A Party Without A Plan
Yesterday, U.S. Treasury Secretary Timothy Geithner brought the President’s $2 trillion deficit reduction plan to the Senate. It included $1.6 trillion in new revenue and $400 billion in entitlement...
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Opinion: History On The Senate Floor
Last week, Senator Mitch McConnell, the Republican Minority Leader in the Senate, did the stupidest thing any Senate Leader has done in the history of the Senate. McConnell filibustered a bill he...
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Senators Hopeful Deal To Reopen Government Is Close
WASHINGTON (CBSNewYork/AP) — Senators put faith in party leaders Sunday to devise a plan that would reopen the government and steer clear of a potential default this week, saying it’s unthinkable that...
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Senate Leaders Try To Broker Budget Deal After House Effort Collapses
WASHINGTON (CBSNewYork/AP) — After what appeared to be promising progress in the House abruptly fell apart Tuesday evening, Senate leaders have taken control of efforts to avert a Treasury default and...
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Agreement Reached To Avoid Default And Open Government
UPDATE: Congress passes bill to reopen government, avert default WASHINGTON (CBSNewYork/AP) — Senate leaders announced a last-minute agreement Wednesday to avert a threatened Treasury default and...
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Obama: Shutdown ‘Inflicted Unnecessary Damage’ To US Economy
WASHINGTON (CBSNewYork/AP) — President Barack Obama said the government shutdown “inflicted unnecessary damage” to the U.S. economy and damaged America’s credibility around the world. Obama spoke from...
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President Obama: It’s Time For Us To Take Care Of Business
WASHINGTON (CBSNewYork/AP) — President Barack Obama held an afternoon news conference Wednesday to share his take on the midterm election results. “The United States has big things to do,” the...
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Senate Democrats Press For Vote On Attorney General Nominee Loretta Lynch
WASHINGTON (CBSNewYork/AP) — Senate Democrats pressed Republican leaders Thursday to schedule a vote on the president’s pick for attorney general. President Barack Obama nominated Loretta Lynch in...
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Rev. Sharpton Calls For Senate Confirmation Hearing For Attorney General Nominee
NEW YORK (CBSNewYork) — Rev. Al Sharpton and other national civil rights activists are urging U.S. Senate leadership to immediately call for a vote to confirm Loretta Lynch as U.S. attorney general. At...
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Another 9/11 Firefighter Dies Of Cancer; Zadroga Act Hits Another Roadblock
NEW YORK (CBSNewYork) — While Congress debates whether to permanently renew the Zadroga Act, another 9/11 firefighter has died. Retired Battalion Chief James Costello, 52, died Nov. 25 from World Trade...
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Obama: Global Warming Pact ‘Can Be Turning Point For The World’
WASHINGTON (CBSNewYork/AP) — President Barack Obama on Saturday hailed the newly passed international climate agreement that he said “offers the best chance we have to save the one planet we have.”...
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