BRUSSELS — And now Cyprus and the Eurogroup will try again. Eight days after hashing out a bailout deal that the financial world reviled and the Cypriot Parliament unanimously rejected, the Eurogroup of finance ministers and Cyprus officials plan to meet here on Sunday night with their pencils sharpened. They face a deadline of Monday, [...]

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This woman is an absolute idiot. (CNSNews.com) – Del. Eleanor Norton (D-District of Columbia) says private sector jobs are not showing much growth because the federal government is shrinking. “What is shrinking is not the private sector – it’s hard for them to grow because the public sector, both the state sector and the federal [...]

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(CNSNews.com) — The Department of Transportation (DOT) announced that $1.55 billion in new federal tax dollars will be allocated for the first-ever Hawaiian Transit Rail system on the island of Oahu, which will serve downtown Honolulu, at a total federal and state cost of $5.1 billion. The train circuit will be 20 miles long, with [...]

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A study in liberal “good” intentions. Once again Democratic politicians want to increase the dosage of a popular but extremely toxic form of public policy snake oil. In his State of the Union message Tuesday President Obama proclaimed, “Tonight, let’s declare that in the wealthiest nation on earth no one who works full time should [...]

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The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer [...]

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The Treasury Department is telling its staff not to worry about the “fiscal cliff,” an internal memorandum sent to all employees reveals. The memo, which is signed by the deputy secretary of the treasury, Neal S. Wolin, states that “there is no reason why both sides should not be able to come together” to reach a deal. [...]

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WASHINGTON (Reuters) – Had there been a vote on Republican House Speaker John Boehner’s “Plan B” to avert the so-called U.S. fiscal cliff on Thursday night, it would not have been close. He was probably 40 to 50 votes short of the number he needed to avoid a humiliating defeat at the hands of his [...]

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DETROIT (AP) — The founder of Domino’s Pizza is suing the federal government over mandatory contraception coverage in the new health care law. Tom Monaghan, a devout Roman Catholic, says contraception is not health care and instead is a “gravely immoral” practice. He’s a plaintiff in a lawsuit filed Friday in federal court, along with [...]

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The GOP has already accepted that its role is to follow, not lead. The only remaining question in the fiscal cliff debate is not if the Republicans will capitulate to higher taxes but when. “I, as a Republican, would take raising the rates on the two top brackets if in return, we had tax reform [...]

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In some sense, the President is fortunate. I predicted a long time ago that he would win re-election if the unemployment rate was under 8 percent. Well, the new numbers just came out and the joblessness rate is 7.9 percent. So even though his stimulus failed, and even though his class-warfare tax policy is like [...]

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