08 02 2015
  11:36 pm  
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The Wake of Vanport
Reaching threshold could influence more cautious investors to pump more money back into the stock market

NEW YORK (AP) -- The Dow Jones industrial average crossed 13,000 on Tuesday for the first time since May 2008, when the Lehman Brothers investment bank was solvent, unemployment a healthy 5.4 percent and the worst of the Great Recession months ahead.


Plan would hack from deficit, but could cause future over-spending; GOP attacks it as class warfare

WASHINGTON (AP) -- President Barack Obama unveiled a $3.8 trillion spending plan on Monday for 2013 that seeks to achieve $4 trillion in deficit reduction over the next decade but does little to restrain growth in the government's huge health benefit programs, a major cause of future deficits.


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