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Merkel: Financial crisis solution to 'take years'

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  • Pagan Salt Lake City, UT
    Dec. 2, 2011 10:12 a.m.

    "According to the Pew Economic Policy Group, an extension of all of the Bush tax cuts will cost $3.1 trillion over ten years, once the costs of servicing the debt are factored in."

    Result?

    *'Study: Rich get a lot richer, outpace middle class' - By Andrew Taylor - AP - 10/26/11

    'The study comes from the Congressional Budget Office and is based on IRS and Census Bureau data.
    It finds that after-tax income for the top 1 percent of U.S. households almost tripled, up 275 percent, from 1979 to 2007. For people in the middle of the economic scale, after-tax income grew by just 40 percent.'

    Poor:

    *'Poorest poor in US hits new record: 1 in 15 people' - By Laura Wides-munoz - AP - Published by the DSNews - 11/03/11