Michael Steel News
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While most of Washington is focused on confrontations over gun control and immigration law, the White House is quietly exploring the possibility of striking a deal with lawmakers to rein in the budget deficit.
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Congressional leaders are discussing how to mitigate the potential effects of a section of the 2010 health-care law that could cost lawmakers and their employees subsidies for health insurance, an aide said.
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Two U.S. senators introduced a bill today to let the Federal Aviation Administration use airport- improvement funds to pay air-traffic controllers, as efforts accelerated to end flight delays caused by forced budget cuts.
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The Senate halted efforts to legislate an immediate end to furloughs of air-traffic controllers, as delays blamed on staffing shortages continued at some of the largest U.S. airports.
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U.S. Representative Charles Rangel sued House Speaker John Boehner and six other lawmakers, saying evidence was withheld from a House probe that led to Rangel’s censure for several ethics violations.
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The White House is telling lawmakers that President Barack Obama’s budget plan will mirror previous deficit-cutting proposals, which included changing the calculation for Social Security cost-of-living increases and tax brackets.
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David Stockman credits his harshest critic, Nobel Prize-winning economist Paul Krugman, for boosting sales of his new book, “The Great Deformation: The Corruption of Capitalism in America.”
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Some Republicans haven’t gotten to the first step: the one where you admit there’s a problem. In a roundup of reactions to the 2012 U.S. presidential election by the magazine Commentary, for example, conservative writer Wilfred McClay says Republican worriers are “wildly overwrought” because the 2012 election was “close.”
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Attorney and TV commentator Lanny J. Davis celebrated his new book, “Crisis Tales: Five Rules for Coping With Crises in Business, Politics, and Life,” with a wine and cheese reception last night at the Hamilton.
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With eight days left before automatic federal budget cuts begin, Republicans and President Barack Obama are spending more time trying to sway public opinion and blaming each other than negotiating an agreement.
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