George H.W. Bush News
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At a Washington event in the early 1990s, I happened to find myself seated beside an official fairly high in the White House of George H.W. Bush. We got to chatting, and he waxed poetic about a constitutional amendment requiring the federal government to balance its annual budget.
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We have stared hard into the abyss of a national default, and the close call with financial Armageddon is starting to make a balanced-budget amendment look good.
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U.S. communities should be encouraged to vie for a federal nuclear-waste site as a way to end a decades-long dilemma over disposing of spent radioactive fuel, a commission established by President Barack Obama said.
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The U.S. is approaching the moment it may have to decide which bills to pay, a prospect Treasury Secretary Timothy F. Geithner has called “unacceptably risky and unfair” to Americans.
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The U.S. Treasury will give priority to making interest payments to holders of government bonds when due if lawmakers fail to reach an agreement to raise the debt ceiling, according to an administration official.
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President Barack Obama told the nation in his July 25 televised speech that Washington “is a city where ‘compromise’ is becoming a dirty word.”
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One night in a seedy London neighborhood, a comet-like object plunges from the sky and crashes into a parked car, not far from where a nurse is being mugged by teenage hoodlums.
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Looking beyond the debt-limit shenanigans preoccupying Washington, the big issue for the U.S. economy is long-term unemployment and what to do about it.
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President Barack Obama held a roundtable discussion with business leaders including Time Warner Cable Inc. Chief Executive Officer Glenn Britt, AT&T Inc. CEO Randall Stephenson, and AOL Inc. co-founder Steve Case, to discuss how industry-led partnerships can help improve the U.S. education system.
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Former Utah Governor Jon Huntsman may be trailing the pack in the Republican presidential primary, but he is a leader in one important regard: Unlike his colleagues, Huntsman has refused to sign any of the special- interest pledges that are increasingly turning political office into an ideological straitjacket.
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