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Top economists plead case for unemployment insurance extension

Today Congress must decide on whether it will extend unemployment insurance benefits for millions of out-of-work Americans. Republican lawmakers have resisted extension, in part...

Obama federal pay freeze draws mild praise, strong criticism

In a move that will be seen in many quarters as typical for being ineffectively compromising, President Obama announced he was freezing federal pay...

GOP deficit crusade opposed by fiscal hawks

WASHINGTON-- Sen. Jim Bunning’s (R-Ky.) recent one-man stand against legislation extending unemployment benefits offered a high-profile airing of a popular GOP message: Deficit spending, in almost any form, will cause more harm than good to a fragile economy. Standing in the way of the Republicans’ reasoning, however, has been another formidable group: budget experts.