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How The Payroll Tax Cut Actually Affects Your Pocketbook

December 1, 2011
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Written by Marian Wang As Congress tries to deal with its long list of unfinished business, among the top and most contentious items has been the proposed extension of the payroll-tax cut. It has certainly inspired plenty of political posturing. Democrats have charged Republicans with hypocrisy for opposing a measure that would put hundreds...

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2012 Plot Thickens as Roemer, Anderson Go 3rd Party

December 1, 2011
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2012 Plot Thickens as Roemer, Anderson Go 3rd Party

In a novel twist, GOP Presidential candidate Buddy Roemer announced Nov. 30 that he is seeking the Americans Elect nomination as a backup for his ongoing Republican race. The former Louisiana governor suggested that Connecticut Sen. Joe Lieberman would be his ideal running-mate, although there’s no public indication that Democrat-turned Independent Lieberman has decided...

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Government Pensions Resist Rule Change Requiring Listing Real Value Of Assets

November 22, 2011
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“U.S. public pension systems, facing as much as $3 trillion in unfunded promises to current and future retirees, are resisting proposed new standards that might double their funding deficits,” says Bloomberg News of local and state pension liabilities. “Investment losses in 2008 and 2009 left state and local pensions with $3.6 trillion in unfunded...

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