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By Patrice Hill - The Washington Times
Stocks plummeted Wednesday as the re-election of President Obama reinforced fears that a battle over higher taxes will drive the U.S. economy over the “fiscal cliff.”
By Dave Boyer - The Washington Times
Fresh off of his re-election victory, President Obama called congressional leaders of both parties early Wednesday to discuss ways to avoid the government’s looming “fiscal cliff” and to lobby for a tax increase on wealthier families.
By Guy Taylor - The Washington Times
The State Department on Wednesday said Tuesday’s election results don’t change Secretary of State Hillary Clinton’s plans to step down.
By Andrea Billups - The Washington Times
Michigan voters handed organized labor a setback in Tuesday’s voting, rejecting a closely-watched measure that would have enshrined union collective bargaining rights in the state constitution.
By Sandy Cohen - Associated Press
Mariah Carey was so excited about President Barack Obama’s re-election that she released a new song in his honor. Beyoncé popped up on Instagram with a rebuke for Mitt Romney, while Romney supporter Elisabeth Hasselbeck sent out a disappointed but conciliatory tweet urging a divided United States to become one.
New Jersey Gov. Chris Christie has been taking flak from the right (including some in Romney-world) since last week for having appeared in public with President Obama and praised the federal response to Hurricane Sandy.
By Stephen Dinan - The Washington Times
House Speaker John A. Boehner said Wednesday that Republicans are “willing to accept new revenue” coming to the federal government as part of a new debt deal, offering an early olive branch in the aftermath of Tuesday’s election.
By Greg Risling - Associated Press
The California man behind an anti-Muslim film that roiled the Middle East was sentenced Wednesday to a year in prison for violating his probation stemming from a 2010 bank-fraud conviction by lying about his identity.
By Sarah DiLorenzo - Associated Press
Europe’s economy is still reeling and unemployment could remain high for years despite the progress made in solving the debt crisis, the European Union warned Wednesday, as it downgraded next year’s forecasts for the 27-country bloc.
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