Even as Congress' deficit-reduction supercommittee ran into a dead end this week, the resulting mandatory spending cuts were immediately targeted by interest groups and sympathetic lawmakers. No interest group stands to lose more than the defense industry.
The Pentagon faces significant cuts in its budget — no matter whether the congressional supercommittee succeeded or failed at finding more ways to reduce the federal deficit. The military plans to cut nearly $500 billion from its budget. One place to look for cuts: in the Army and also the Air Force's stealthy and pricey F-35.
Anthony Hardwick, a Target employee from Nebraska, made headlines for his petition drive against the company's plan to open stores at midnight after Thanksgiving. Is it wrong to make employees work right after they finish Thanksgiving dinner? Or is Target simply giving customers what they want?
The Missouri river town spent $300 million on a glass-encased sports arena that no big-league pro sports team calls home. Four years later, Sprint Center ranks as America's fifth-busiest arena, with visitors ranging from Lady Gaga to Elmo, from college hoops to Cirque du Soleil.
New Hampshire voters have seen plenty of the Republican presidential candidates. But on Tuesday, they got a visit from President Obama, who was promoting part of his jobs plan. The payroll tax cut is due to expire at the end of next month.
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