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Today's Top Business and Finance News Obama set against Bush tax cuts The Washington Post, 8 Sep 2010, 2:27 am EDT President Obama will argue personally Wednesday against extending the Bush-era income tax cuts for the nation's wealthiest families even for a year or two, White House officials said Tuesday - a message aimed at wavering Democrats who have been swayed by arguments that the economy is too weak to raise anyone's taxes. Video | Full Story Dollar sinks to 15-year low against Japanese yen Associated Press/AP Online, 8 Sep 2010, 2:57 am EDT TOKYO - The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe haven for their money amid uncertainty about the global economic recovery. Balancing act: Pines budget gets initial OK The Miami Herald, 8 Sep 2010, 1:18 am EDT Sept. 08--Pembroke Pines commissioners gave initial approval on Tuesday to a $296.5 million city spending plan balanced with higher taxes for residents and smaller paychecks and fewer benefits for city workers.
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