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House leaders praise emerging payroll tax cut deal

Congressional leaders of both parties praised an emerging deal Wednesday to extend a payroll tax cut and extra jobless benefits through 2012, but cautioned that bargainers still had to nail down final details. The rare, bipartisan consensus reflected a desire by both parties to put the long-running drama over the issue to rest and a [...]

After calamitous losses on Wall Street and fears of another recession, the economy got a dose of good news Thursday: The number of people applying for unemployment benefits fell below 400,000 for the first time since April. Layoffs are easing in most states, and some economists are predicting mild improvement in job growth. The brighter [...]

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