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The Senate Finance Committee rejected two amendments on Tuesday that would have put a public health-insurance option into that committee’s health-system reform proposal.
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The Senate Finance Committee has voted against creating a new government health insurance plan to compete with the private market. The 15-to-8 vote could forecast the fate of the public option in the Senate as a whole. The outcome was expected but still a defeat for liberals who view government-sponsored insurance for the middle class as a key component of President Barack Obama’s health care …
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Democrats sought to give government the right to sell insurance in competition with private industry Tuesday as the Senate Finance Committee opened a second week of debate over massive health care legislation.
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The Senate Finance Committee on Tuesday rejected two Democratic amendments that would have created a government-run “public option” as part an overhaul of the nation’s health-insurance system, with the panel’s chairman bowing to staunch Republican opposition that he said would prevent final passa…
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Another step toward a new electoral finance regime was taken today with the release of a proposal document by Justice Minister Simon Power. “The proposal document gives the public an opportunity to express their views on the Government’s proposed electoral finance regime,” Mr Power said.
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Finance Minister Bill English will have an informal meeting with the Auditor-General’s office this evening to discuss an investigation into his housing allowances claim.
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Sept. 28 (Bloomberg) — German Chancellor Angela Merkel won re-election yesterday with the lowest share of the electorate in the history of her Christian Democratic Union. Her coalition partners, the Free Democrats, may claim both the foreign and finance ministries, political analysts say.
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Sept. 27 (Bloomberg) — The U.S. Treasury Department plans a new liquidity and mortgage bond purchase program to help state finance agencies that provide mortgages to low-income borrowers, Treasury officials said.
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As France debates whether to ban the burqa, the government is leading a drive to attract billions in investment from Muslim countries by turning Paris into the European capital of Islamic finance.
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Sept. 25 (Bloomberg) — Russia plans to triple its beer tax to 9 rubles (30 cents) per liter in 2010 to raise money for the budget, the Finance Ministry said.
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