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Religion

Obama to create faith-based office

WASHINGTON – President Barack Obama said Thursday he will establish a White House office of faith-based initiatives that will show no favoritism to any religious group and adhere to the strict separation of church and […]

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News

Obama caps executive pay tied to bailout money

WASHINGTON – President Barack Obama on Wednesday imposed $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with “executives being rewarded for failure.” Obama […]

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Health

House passes kids’ health insurance bill

WASHINGTON – The House overwhelmingly approved a bill extending health coverage to 4 million uninsured children, giving President Barack Obama a much-needed win on health care and taking a first step toward his promise of […]

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Business

GM to offer buyouts to all hourly employees

NEW YORK – General Motors Corp. will offer buyouts to all of its hourly employees, a spokesman confirmed Tuesday, as the troubled automaker continues to slash costs. GM spokesman Tony Sapienza said the buyouts will […]