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Obama to propose relief for states overburdened by debt

Heavily indebted states could get immediate relief from the Obama administration under a plan to temporarily suspend interest payments they owe the federal government for borrowing money to cover the soaring cost of unemployment benefits.

 

Feds lend Tesla $465M for electric car

The Obama Administration will lend Tesla Motors $465 million to build an electric sedan and the battery packs needed to propel it.

 

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