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  1. Sequestration
  2. Government Spending
  3. Janet Napolitano
  4. Federal Bureau Of Investigation
  5. Watergate Scandal
  6. Growth-Killing Spending Cuts
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Obama Appoints New IRS Head

President Barack Obama named top White House budget office aide Daniel Werfel to be acting commissioner of the Internal Revenue Service, the White House said on Thursday.Obama ousted acting IRS commissioner Steven Miller late on Wednesday shortly after the revelation the IRS had targeted conservative groups for special scrutiny. The president called the targeting inexcusable, but the incident has become a embarrassment for him.Werfel is controller of the White House Office of Management and Budget. He was in the public eye earlier this year when he briefed reporters about deep government spending cuts that went into effect March 1 under the process known as sequestration.Werfel warned at the time that sequestration would pose "a serious threat to our national security, domestic priorities and the economy." Many economists say that if the cuts had not occurred, unemployment would be lower, and Congress acted quickly to prevent the reductions from disrupting air traffic, but in general, ...

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    Sprint Nextel Corp and SoftBank Corp <9984.T> asked regulators on Friday to go ahead with a review of their proposed $20.1 billion deal after Sprint's rival suitor, ...

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