Archive | June 21st, 2012

Senate passes farm bill with $23 billion in cuts; House action next

June 21, 2012

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WASHINGTON (AP) — The Senate on Thursday completed a five-year, half-trillion-dollar farm bill that cuts farm subsidies and land conservation spending by about $2 billion a year but largely protects sugar growers and some 46 million food stamp beneficiaries. The 64-35 vote for passage defied political odds. Many inside and outside of Congress had predicted […]

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Home builder confidence highest since 2007, survey finds

June 21, 2012

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Builder confidence in the market for newly built, single-family homes is at its highest level since the housing market collapse, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) shows. The survey released Tuesday by the home builders and national banking giant measures “sentiment” and reports that the confidence level nudged up one […]

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