Last week Senate leaders struck a deal to preserve the filibuster but this was much more than a question of procedural traditions. The tradeoff called for confirmation votes on President Obama’s nominees to head various federal agencies. So the Senate proceeded to confirm Richard Cordray as the first permanent director of the Consumer Financial…
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Do you remember how U.S. politicians claimed that the federal government’s budget sequester would be extremely destructive to the U.S. economy? Well, perhaps not so much, especially considering how they work in real life. But there was one area of federal budget cutting that was expected to have a real world impact: defense spending….
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