Obama seeks stronger oil market oversight to curb manipulation
President Obama urged Congress to boost federal supervision of oil markets, raise penalties for manipulation, and empower regulators to require more capital from energy traders. He argued some speculators profit while families pay higher gas prices, though the plan is likely to frame election-year debates more than slash prices.
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Rubio immigration plan signals GOP push on 2012 policy
Sen Marco Rubio mobilizes a conservative immigration bill offering legal status without citizenship for young illegal immigrants. The proposal aims to attract Hispanic voters and contrasts with the Democratic DREAM Act, highlighting urgency as Romney argues for a GOP alternative amid rising Hispanic support for Obama.
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Second Panel Attacks GSA Over Parties and Trips
A House timeline shows GSA executive Jeffrey Neely took five trips totaling 44 days after an inspector general warning. Trips included Hawaii Guam and Saipan with his wife for a birthday celebration. Lawmakers press officials on excesses and a Las Vegas conference costing about 823000.
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GOP aims to cut food stamps by billions in new House plan
Republicans controlling the House push $61 billion in food stamp cuts over the next decade aiming to trim the federal budget and avert Pentagon reductions. The proposal would drop monthly benefits for a family of four by about $60 and tighten eligibility potentially removing up to 3 million people.
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