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Treasury Department

Big, fat Greek fiscal crisis likely to fuel Washington debt wars
www.foxnews.com
But while most Americans aren't lending Greece's troubles much attention, it's only a matter of time before the meltdown fuels a new debt debate in Washington. [...]
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Here’s How You Add 2.4 Million Jobs to the Economy
www.bloomberg.com
The U.S. is paying a big price in growth, jobs and wages by practicing the kind of fiscal austerity that it criticizes European nations for pursuing. [...]
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Does Anybody Want $3 Billion in Cash From Pot Sales? Big Banks Say No, Thanks
www.bloomberg.com
The U.S. government has opened a new line of business for America’s biggest banks, and for once they don’t want it. Little wonder: it’s cash from legalized marijuana. [...]
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US records biggest budget surplus in 7 years – US News
www.usnews.com
The Treasury Department says a flood of tax payments pushed government receipts up to an all-time high in April and left the country with the largest monthly budget surplus in seven years. [...]
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U.S. Treasury warns Congress currency push could derail Pacific pact
kfgo.com
U.S. lawmakers' proposals to sanction countries that deliberately weaken their currencies could derail a Pacific trade pact that is a key ... [...]
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Fannie-Freddie Profit Sweep Defended by Key Treasury Adviser
www.bloomberg.com
The government sweep of profits from Fannie Mae and Freddie Mac was defended by the top Treasury Department housing official, who called again for Congress to replace the U.S.-owned mortgage-finance giants. [...]
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U.S. services industry, factory data point to slower growth
www.reuters.com
Growth in the U.S. services sector braked in December and new orders for manufactured goods fell for a fourth straight month in November, signs the economy lost some momentum in the fourth quarter. [...]
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U.S. Treasury moves against tax-avoidance ‘inversion’ deals
www.reuters.com
Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb inversion deals that allow companies to escape high U.S. taxes by reincorporating [...]
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Issa Challenges Treasury Department Over Obamacare Politics
personalliberty.com
Representative Darrell Issa alleges the Treasury Department is caught up in President Barack Obama’s political strategy to put off as many harmful Obamacare provisions as possible until after the 2014 Congressional Mid-term elections. [...]
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Jack Lew: US could default on debt by ‘end of month’
www.bbc.co.uk
US Treasury Secretary Jack Lew has warned the US may default on its debt by the end of the month if Congress does not raise its borrowing limit. [...]
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American Disingenuousness: Jack Lew Goes to Europe
www.theglobalist.com
By all accounts, U.S. Treasury Secretary Jack Lew is a serious defender of the economic interests of lower-income Americans, who have suffered more than most from the bursting of the housing bubble. Strange then, writes Stephan Richter, that he would urge Europeans to repeat the borrow-and-spend mistakes that got the United States into trouble. [...]
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Dems want to increase the Debt Limit…Again!
americasnextpresident.com
Did you hear the latest out of Washington D.C. and our Government? Timothy Geithner and Barack Obama discuss things, possibly even the upcoming debt ceiling issue! Secretary of the Treasury Timothy Geithner and the Obama administration is already pushing for a higher debt ceiling.  Remember last year when we went through all the threats of a government shut-down, and Obama threatened (in an off-handed way) to withhold social security and veterans checks?  Well, get ready for more of the [...]
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Debt Limit Reached, Obama’s Spending on Hold?
americasnextpresident.com
Well, it's finally happened.  The Congressionally authorized debt limit for the U.S. has been reached today!  How long can we keep the flag flying proudly when the country is in this severe of a predicament?  What will Americas Next President do about the National Debt? (more…) [...]
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