Second lawsuit challenges Deficit Reduction Act validity
Public Citizen filed in U S District Court challenging the Deficit Reduction Act as unconstitutional claiming the version signed by President Bush differs from what the House passed. The suit seeks to void the law and restart legislative action.
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Energy costs drop wholesale prices in February
A warm winter drove wholesale prices down 14 percent in February led by energy and food declines. Gasoline prices rose 13.8 cents to 2.50 a gallon, with unleaded futures up 42 cents since mid February. Analysts warn not to read too much into the drop as crude prices hover near 60 dollars per barrel.
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Labor Department
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Mark Zandi
Moody’s Economy.com
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