Obama gives powerful drug lobby a seat at healthcare table: Everyone agrees that drug companies -- Washington's leading source of lobbyist money -- now have "a seat at the table" at the White House and on Capitol Hill as healthcare legislation works its way through Congress Five More U.S. Banks Are Shut Down, Bringing 2009 Tally to 69: Banks in New Jersey, Ohio, Florida, Oklahoma and Illinois were shut, pushing the toll of failed U.S. lenders to 69 this year, amid a 26-year high in unemployment and the worst economic slump since the Great Depression. Biggest tax revenue drop since 1932: Tax receipts are on pace to drop 18 percent this year, the biggest single-year decline since the Great Depression, while the federal deficit balloons to a record $1.8 trillion. California Bleeding Manufacturing Jobs, Report Shows: California is shedding manufacturing jobs faster than any other state thanks to heavy regulation and high taxes, according to a new study.
Wednesday, 5 August 2009
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