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Progressive Breakfast

Fed To Pull Back This Week Fed expected to reduce monetary stimulus this week. NYT: "The Federal Reserve’s policy-making committee, which meets Tuesday and Wednesday, is widely expected to cut the Fed’s monthly purchases of Treasury and mortgage-backed securities by...

Progressive Breakfast

Unemployment Insurance Breakthrough Senate strikes deal to extend unemployment insurance for long-term unemployed. W. Post: "...the five Republican supporters of the legislation provide just enough votes to clear the 60-vote hurdle needed to pass the legislation ......

Wall Street Bonuses vs the Minimum Wage

Raising the minimum wage would give our economy much more bang for the buck than we get from the financial industry's yearly windfalls. That’s because low-wage workers tend to spend nearly every dollar they make to meet their basic needs.

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