Office of the President of the United States

Office of the President of the United States

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  Obama to tap budget expert Lew to lead Treasury

  President Barack Obama will nominate White House chief of staff Jack Lew to be his second-term Secretary of the Treasury, turning to one of ... 

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  GOP decries looming 'regulatory cliff' in new term

  While the "fiscal cliff" of looming tax increases and spending cuts dominates political conversation in Washington, some Republicans and business ... 

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  Pentagon begins planning for massive budget cuts

  The Defense Department has begun planning for the roughly $500 billion in personnel and program cuts over a decade that will be needed if Congress and ... 

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  Despite talk of compromise, fiscal deal elusive

  Talk of compromise on a broad budget deal greeted returning lawmakers Monday, but agreement still seemed distant as the White House and congressional ... 

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  Stocks end lower after a strong week

  Wall Street came back to work after the Thanksgiving weekend and faced leftover worries about the "fiscal cliff" and the European debt crisis. 

• Stocks open lower on new fiscal cliff warning

  Stocks are opening lower after a warning from White House economists dampened what had been a huge weekend for retailers. The Dow Jones industrial ... 

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  Obama's education agenda dominated by loose ends

  President Barack Obama's education agenda for next four years may look less like real reform and more like tying up loose ends, experts say, with ...