Student Loan Rates Double Without Congress’ Action

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WASHINGTON — College students’ interest rates are at the mercy of Congress. The interest rates on subsidized Stafford loans doubled from 3.4 percent Monday and could stay doubled unless Congress fulfills its pledge to restore lower rates when it returns from the Fourth of July holiday. Lawmakers from both parties, as well as the White […]

No assault weapons ban: Not in Dems’ Senate bill

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WASHINGTON – An assault weapons ban won’t be in the gun-control legislation that Democrats bring to the Senate floor next month, a decision that means the ban’s chances of survival now are all but hopeless. The ban is the most controversial firearms restriction that President Barack Obama and other Democrats have pressed for since an […]

Obama Stands His Ground on Fiscal Debates

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WASHINGTON — President Barack Obama devoted one word — “deficit” — to the issue that brought Washington to the brink of fiscal crises time and again during his first term. But it was the paragraph that followed in his inaugural address that foreshadowed what’s to come — more hard bargaining and more last-minute deals driven […]

Next Budget Showdown Could Lead to More Cuts

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WASHINGTON – After blinking during in a New Year’s Day showdown with President Obama that could have triggered across-the-board spending cuts and significant tax increases, Republicans are poised to seek deep cuts in spending that would violate the “balanced” approach to the deficit that the president has advocated. In an interview Sunday on ABC’s “This […]

Gun Control Debate Begins to Simmer After Massacre

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WASHINGTON — Democrats say meaningful action in the wake of the school shootings in Connecticut must include a ban on military-style assault weapons and a look at how the nation deals with individuals suffering from serious mental illness. Several Democratic lawmakers and Independent Sen. Joe Lieberman said it was time to take a deeper look […]