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WASHINGTON (AFP) - Reflecting what's on the minds of Americans, "bailout" and "socialism" on Monday beat "maverick" in a US dictionary's word of the year contest.
Philly Fed president sees growth in late 2009.
(AP:SHANGHAI, China) A recent decline in the Chinese currency's value against the U.S. dollar after months of hovering in a narrow range is threatening to bring the long-simmering issue to full boil as U.S.-China economic talks get under way in Beijing.
Greater exposure of children to TV, music and other media is linked to negative health issues.
The panel met in closed session on the schools chief, who is facing increasing pressure to resign. The absence of board member Marguerite Poindexter LaMotte complicated the deliberations. Embattled Los Angeles Schools Supt. David L. Brewer vowed Tuesday to stay on the job amid an abortive attempt to force him to resign as head of the nation's second-largest school system.
The New Deal for a New Millennium for Higher Education called for $70 billion from Congress' $700 billion bailout plan Monday at the Capitol. "There is no better way to get out of this economic situation than to invest in our children," Assemblyman Anthony Portantino said to the state Assembly.
In a robo-call marking her first public statement since her Election Day loss, Marilyn Musgrave blamed her defeat on deep-pocketed "leftist special interests."
Georgia Sen. Saxby Chambliss handed the GOP a firewall against Democrats eager to flex their newfound political muscle in Washington, winning a bruising runoff battle Tuesday night that had captured the national limelight.
Betsy Markey, Colorado's 4th Congressional District congresswoman-elect, appointed a chief of staff and communications director Tuesday.
The head of the FDIC said Tuesday that the government needs to devise an "exit strategy" for its massive financial rescue plan to avoid artificially propping up banks and other institutions over the long term.
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