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U.S. Governmental News Archives for December 11, 2007

Higher base closing costs estimated
Dec 11 2007 7:44PM (CT)
WASHINGTON (AP) - The Pentagon plans to spend about $10 billion more than originally estimated on base closings and realignments and expects about $200 million less in savings, the Government Accountability Office said in a report Tuesday.
 
Spy court withholds US wiretapping docs
Dec 11 2007 6:37PM (CT)
WASHINGTON (AP) - The nation's spy court said Tuesday that it will not release its documents regarding the Bush administration's warrantless wiretapping program.
 
GAO: Some teens will lack 401(k) money
Dec 11 2007 6:32PM (CT)
WASHINGTON (AP) - Teenagers flipping burgers, stocking shelves or studying for finals don't think about their retirement. The government does, however, and the prognosis isn't good.
 
Wall Street tumbles after interest cut
Dec 11 2007 3:51PM (CT)
WASHINGTON (AP) - The Federal Reserve dropped its most important interest rate to a nearly two-year low on Tuesday and left the door open to additional cuts to prevent a housing and credit meltdown from pushing the economy into a recession.
 
Panels weighs easing old crack sentences
Dec 11 2007 1:23PM (CT)
WASHINGTON (AP) - Buoyed by a Supreme Court ruling, some 19,500 federal inmates and their families, most of them black, are hoping the U.S. Sentencing Commission is ready to make its recent easing of crack cocaine punishment guidelines retroactive.
 
   

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