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Former Federal Reserve Board Chairman Paul A. Volcker (left) and former New York Lt. Gov. Richard Ravitch’s State Budget Crisis Task Force’s report says states’ financial problems aren’t just a result of the recession and slow recovery, but have built up over years. As an example, state and local government pension plans are at least $1 trillion short of what they need to pay for their pension promises. (Rod Lamkey Jr./The Washington Times)
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President Obama speaks during a fundraising event Tuesday, July 17, 2012, in San Antonio. (AP Photo/Eric Gay)
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“We believe that the capital punishment bill that we put forward is not only right for Massachusetts, but it’s a model for the nation,” Mitt Romney said of his state’s death-penalty law in 2005. It limited capital punishment to the “worst of the worst” crimes. (Associated Press)
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President Obama’s Affordable Care Act is as healthy as ever as a campaign issue. Both Republicans and Democrats are using it to their fullest.
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Mohammad Akhter, director of the D.C. Department of Health, is stepping down on Tuesday to work on the local implementation of the federal health reform law. (Andrew Harnik/The Washington Times)
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Men carry an extremely sick girl to the only medical center in the Yida refugee camp in Unity State, South Sudan on Saturday, May 12, 2012. With more than 30,000 residents, many of whom are undernourished, the few international aid organizations operating in Yida struggle to provide sufficient services. (Associated Press)
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Demonstrators shout slogans condemning the recent austerity measures announced by the Spanish government, during a protest in front of the Popular Party in Madrid on Friday. Thousands of demonstrators took to the streets to protest a second wave of wage cuts in as many years plus planned austerity measures. (Associated Press)
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Seventeen sailors died and 39 were injured in a suicide attack on the USS Cole the day before while it was refueling in the Yemeni port of Aden. (Associated Press)
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President Barack Obama speaks during a campaign stop at the historic Fire Station No. 1, in downtown Roanoke, Va., Friday, July 13, 2012. Obama traveled to southwest Virginia to discuss choice in this election between two fundamentally different visions on how to grow the economy, create middle-class jobs and pay down the debt. (AP Photo/Don Petersen)
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President Barack Obama speaks during a campaign stop at the historic Fire Station No. 1, in downtown Roanoke, Va., Friday, July 13, 2012. Obama traveled to southwest Virginia to discuss choice in this election between two fundamentally different visions on how to grow the economy, create middle-class jobs and pay down the debt. (AP Photo/Don Petersen)
