Nice (Government) Job if You Can Get It

A new CBO study undercuts the argument from progressive policy shops and union leaders that government workers make less money than their counterparts in the private sector.



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Lower Your 'State of the Union' Expectations

EMac: As President Obama gears up to address the nation Tuesday night, it's important to keep in mind that he has made all sorts of promises that didn't pan out.



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Republican Response to President's State of the Union

President Barack Obama will focus not on economic growth, but more on economic fairness in his State of the Union address tonight.



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Taxpayers Still on the Hook for $133B from Bailouts

The federal overseer of the government's bank bailout program says taxpayers are still owed $132.9 billion on investments in 458 bailed-out banks and companies. 



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The Truth About the Federal Tax Burden

EMac: There was little mention in the State of the Union address of how the government has wasted your tax money and how the government needs more of your money just to pay the interest costs on U.S. debt.



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The Accounting Moves that Goosed Citi's Profits

FBN's Liz MacDonald says Citigroup goosed its profits higher by booking outsized paper gains from an accounting trick that's legitimate under current rules and by releasing loan loss reserves into earnings.



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Should Taxpayers Foot the Bill for Oil Spills?

Taxpayers have footed oil companies' cleanup costs for decades. But a new bill would abolish write-offs oil companies take on their tax returns for the costs of cleaning up their oil spills.



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Senate: Political Intelligence Operatives Must Register Like Lobbyists

The Senate passed an amendment on Thursday that forces operatives who collect political intelligence in Washington for sale in the banking industry or on Wall Street to register in the same way as lobbyists do.



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Buffett to Match Lawmaker's Donation to Debt

In a letter FBN has obtained, Buffett writes 'he is delighted to match' Republican Virginia Rep. Scott Rigell's 2011 and 2012 donation.



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Citi's Paper Gains

Two-thirds of Citigroup's (NYSE:C) $21.9 billion in total net income for the last two years came from an accounting maneuver.  



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