Poll finds limited Obamacare support amid court ruling unknowns
A AP GfK poll shows 21 percent of independents approve of Obamacare while 47 percent oppose. Most back Congress and the president starting anew if the Supreme Court strikes down the law, and over three quarters want health care reform beyond the ruling. Tea party backers show weaker support for a new bill yet still favor compromise. The court's decision is expected soon.
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Holder Contempt Vote Shocks Congress Amid Executive Privilege Clash
A Republican House panel voted 23 17 to cite Attorney General Eric Holder for contempt of Congress over Fast and Furious documents, as President Obama asserted executive privilege. The move tests separation of powers with a full House vote looming, drawing sharp partisan criticism from Democrats.
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Fed extends Twist program to spur economy
The Federal Reserve extends the Twist program to lower long-term rates as the economy remains hampered by weak jobs. After a two day policy meeting the Fed cuts its growth forecast and signals readiness for further action while keeping short term rates at record lows through late 2014. Bernanke warns looser labor markets may require more steps amid Europe’s debt crisis.
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