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Judge William Collette listens to arguments on Wednesday, June 13, 2012, at the Ingham County Courthouse in Mason, Mich., before throwing out a suit by Detroit's corporate counsel after a lawyer for Mayor Dave Bing intervened and said the city's top attorney had no authority to challenge the city's financial agreement with the state. (AP Photo/Detroit News, Dale G. Young)

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Republican presidential candidate and former Massachusetts Gov. Mitt Romney speaks June 13, 2012, during the Business Roundtable quarterly meeting at the Newseum in Washington. (Associated Press)

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Defense Secretary Leon E. Panetta testifies June 13, 2012, on Capitol Hill before the Senate Defense subcommittee during a hearing on the the Defense Department's fiscal 2013 budget. (Associated Press)

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JPMorgan Chase CEO Jamie Dimon, head of the largest bank in the United States, prepares to testify June 13, 2012, on Capitol Hill before the Senate Banking Committee about how his company recently lost more than $2 billion on risky trades and whether its executives failed to properly manage those risks. (Associated Press)

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Shoppers walk through the South Shore Mall in Braintree, Mass., on Wednesday, May 30, 2012. Retail sales in the United States declined in April and May, pulled down by a sharp drop in gas prices. (AP Photo/Stephan Savoia)

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"Exploding health care spending is hardly the relief the president promised the American people," says Sen. Orrin G. Hatch, Utah Republican. (Associated Press)

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This undated product image provided by Burger King shows a bacon sundae. Burger King, the world’s second-biggest hamburger chain is introduced June 14, 2012m a bacon sundae as part of its new menu items for the summer. The sundae has 510 calories, 18 grams of fat and 61 grams of sugar. (Associated Press/Burger King)

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Spain's Spain's Ibex stock index finished with a 0.5 percent loss Monday after an initial surge pushed by news that Spanish banks would receive up to $124.7 billion in loans from eurozone partners. Repayment is problematical. (Associated Press)