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The Next Victim of the Real Estate Crisis
State and local governments were flush with tax revenue during the five-year housing boom. They pulled from bulging pools of property, income, and sales tax to expand education, law enforcement, health care, and infrastructure programs without needing to burden residents and corporations with tax hikes.
Nations:U.S. People:Arnold Schwarzenegger Activities:2007 Global Credit Crunch
2008-06-30
PIMCO to Obama: Tough economy awaits next president
NEW YORK (Reuters) - The world's biggest bond fund manager anticipates that Barack Obama will be the next U.S. president, and warns that he will face stern economic circumstances.
People:Barack Obama Activities:US Election 2008 Source:(Reuters)
2008-06-30
House to vote on war funds, unemployment benefits
WASHINGTON - The Democratic-led Congress finally appears ready to give President Bush his request for $162 billion in long-overdue funds for military operations in Iraq and Afghanistan.
People:John Boehner Harry Reid Activities:110th Congress Source:(AP)
2008-06-19
House leaders reach deal on war funding bill
WASHINGTON (Reuters) - House of Representatives lawmakers have struck a deal on an emergency supplemental spending bill that will fund U.S. troops in Iraq and Afghanistan, Republican leader John Boehner said on Wednesday.
People:John Boehner George W. Bush Activities:110th Congress Source:(Reuters)
2008-06-18
New York property tax cut may be history: Bloomberg
NEW YORK (Reuters) - New York City property owners might see their property taxes rise before 2010 as city revenues will keep falling because Wall Street investment bank earnings are way down this year, Mayor Michael Bloomberg said on Friday.
Nations:U.S. People:Rudolph Giuliani Michael Bloomberg Source:(Reuters)
2008-06-14
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Matches Shown: | 1-50 | 51-100
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