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Legislative Mischief

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Washington Post

Congressional leaders and the Bush administration this morning said they had struck an accord to insert the government deeply into the nation's financial markets, agreeing to spend up to $700 billion to relieve Wall Street of troubled assets back

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NY Times

The seeds of the House Republican revolt over the financial industry bailout were sown in an e-mail message circulated Monday night as internal animosity built quickly over the Bush administration’s request for $700 billion to prevent an economic col

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NY Times

A Justice Department prosecutor told a jury Thursday that Ted Stevens, who has represented Alaska in the Senate for 40 years, engaged in “a scheme to conceal from the public” a variety of gifts and home renovation services he received.

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NY Times

Commissioner Gerald Bailey of the Florida Department of Law Enforcement, who looked into the conduct of the congressman, Representative Mark Foley, said investigators were hampered by Mr. Foley’s refusal and that of Congress to grant them access to C

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Washington Post

Key Democratic lawmakers said the government may need to create a federal entity to manage the assets of insolvent institutions, much as the Resolution Trust Corp. liquidated failed thrifts during the savings-and-loan crisis of the 1980s.

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PocketFives

The new bill instructs the U.S. Treasury and Federal Reserve to work together with the Attorney General’s office to establish what is acceptable under the provisions of the Unlawful Internet Gambling Enforcement Act (UIGEA). The bill is expected to b

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NY Times

Representative Charles B. Rangel has earned more than $75,000 in rental income from a villa he has owned in the Dominican Republic since 1988, but never reported it on his federal or state tax returns, according to a lawyer for the congressman and do

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American-Statesman

Money-laundering charges against former U.S. Rep. Tom DeLay and two indicted co-conspirators may be dismissed because the 2002 campaign finance case involved checks and not cash, a lawyer for DeLay said.

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DC Examiner

Pickens, thanks to favors from state lawmakers whose campaigns he funded, has created a new government whose only voters are two of his employees, can issue tax-free bonds, and use eminent domain to build a pipeline to Dallas.

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Christian Science Monitor

The decision to go to war rests with the elected representatives of those who will do the fighting and dying. It's one of the defining elements of the republic. That constitutional power of Congress has not always been followed. It's in jeop

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Christian Science Monitor

The Democratic-controlled Congress and the Bush administration have presided over a surge in new federal spending obligations that may be the most enduring legacy of the 110th Congress. From new entitlements such as a GI bill for military veterans to

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Mercury News

California pGov. Arnold Schwarzenegger decided as he vetoed a bill late Friday that would have required climate change be added to schools' curriculum. The measure was sponsored by state Sen. Joe Simitian, D-Palo Alto

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