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Price of Gallon of Gas up 96% Under Obama

The average price of a gallon of gas has increased 96 percent since President Barack Obama first took office in 2009, according to figures from the Energy Information Agency (EIA). According to EIA data, the average price of a gallon of regular unleaded gasoline in...

CBO: Debt Must Be Addressed

Congressional Budget Office Director Douglas Elmendorf said that unless Congress gets the federal budget under control, stimulus spending policies will be a “drag” on the economy in the future as the government struggles to pay the increased debt. “If cuts in taxes or...