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Catherine Hollander

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Former President Clinton says third terms should be legal

November 8, 2011 Former president Bill Clinton thinks presidents should be able to run for a third term. "Going forward, I personally believe that should be the rule," he said on MSNBC's Morning Joe on Tuesday. Clinton was responding to a question on whether presidents should be able to serve for two terms, ...

Super committee is not seeking an extension, member says

November 7, 2011 Despite speculation otherwise, the deficit-reduction super committee will not seek an extension on its Nov. 23 deadline, committee member Rep. Chris Van Hollen, D-Md., said on Monday. "More time won't get us there," he said on MSNBC's Morning Joe on Monday, adding, "No, we're not talking about an extension." Van ...

Freddie Mac CEO to resign

October 27, 2011 The CEO of mortgage-finance giant Freddie Mac will resign, Bloomberg reports. Charles Haldeman Jr., who has helmed Freddie for just over two years, told the company's board he will depart "some time in the coming year," according to the Federal Housing Finance Agency, the firm's federal regulator. The U.S. government ...

The economic impact of a near-shutdown

September 28, 2011 Senate Democrats and Republicans have narrowly averted a government shutdown for the third time this year. But the stop-gap funding measure only lasts through Nov. 18, at which point Congress will probably again inch toward the same precipice as it negotiates the 2012 budget. The bad news for the economy ...

Administration lowers deficit projection

September 1, 2011 The Obama administration lowered its projection for the 2011 deficit on Thursday to $1.316 trillion, down 20 percent from February's projection of $1.645 trillion. The Aug. 2 debt ceiling deal changed the deficit outlook, according to a mandatory review of the budget sent to Congress by the administration. The Mid-Session ...

Agencies to release plans for streamlined regulations

August 23, 2011 The government agencies and departments tasked by President Obama earlier this year with streamlining their regulatory requirements will release their final plans on Tuesday, The Wall Street Journal reports. The plans are in part a response to criticism that the Obama administration hasn't given business concerns enough consideration. But some ...

Backpack-wearing ambassador causes a stir in China

August 17, 2011 Zhaohui Tang/AP Photographs of candidates and elected officials standing in line for fried foods at county fairs are a dime a dozen in the United States. But a picture of the new U.S. ambassador to China, former Commerce Secretary Gary Locke, wearing a backpack and buying his own coffee has ...

New report shows sweeping cyber-spying

August 3, 2011 FROM NEXTGOV arrow A new report reveals that over 70 corporations and government organizations, including the Associated Press, United Nations secretariat, and International Olympic Committee, were hacked over the course of many months, the Washington Post reports. The hacking probably originated in China, according to experts familiar with the analysis carried out by ...

Administration sending federal officials to help struggling cities

July 12, 2011 In a new effort to encourage economic recovery, the Obama administration is sending federal officials to work with six struggling cities for a year, The Wall Street Journal reports. The federal officials will be dispatched from the Department of Housing and Urban Development, the Small Business Administration, and the Labor, ...

Senators seek 'gold standard' in cybersecurity

July 8, 2011 FROM NEXTGOV arrow The United States needs a "gold standard" in cyber-defenses, Sens. Joe Lieberman, I-Conn., Susan Collins, R-Maine., and Tom Carper, D-Del., said in a Washington Post op-ed. The alternative to better cybersecurity measures, they wrote, "could be a digital Pearl Harbor." The authors, who serve respectively as chairman, ranking member, and ...