Unnamed administration officials quoted by David Cho of The Washington Post say the federal deficit is lower than the White House’s initial projections. The budget gap for the first six months of the year is 8 percent lower than…
I guess there must be a bright side for somebody in any economic downturn, and top bankruptcy lawyers seem to have found it. As hard times hit more businesses, they are charging upwards $1,000 per hour or more for company restructurings, Bloomberg reports.
Democratic Rep. Ed Perlmutter is holding a telephone town hall with constituents about the economy, financial crisis and plans for economic relief.
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