The future of the U.S. Global Positioning System is taking shape in a vast white room south of Denver, where workers are piecing together the first of more than 30 satellites touted as the most powerful, reliable and versatile yet.

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By Paul Wiseman AP Economics Writer Washington — If Congress lets unemployment benefits expire this week, the jobless won’t be the only ones to feel the pain. The overall economy would suffer, too. Unemployment benefits help drive the economy because ...

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By Kristen Wyatt AP Writer Denver — A photo of President Barack Obama hangs on the wall in CoraFaye’s Cafe, a short walk from the Denver museum where Obama signed into law the most sweeping U.S. economic package in decades ...

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Andrew Taylor AP Writer Washington — President Barack Obama said Tuesday Washington must urgently confront unpleasant truths about deficits, while the Federal Reserve chairman said failure to mop up red-ink spending would “ultimately do great damage” to the country. Obama ...

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By Andrew Taylor AP Writer Washington — Last year’s $787 billion economic stimulus bill is going to be even more expensive — $75 billion more. The new Congressional Budget Office estimate provides more ammunition for Republicans who say the stimulus ...

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By Andrew Taylor AP Writer Washington — The Senate is where legislation often goes to die, and it’s looking like that’s the fate awaiting a new jobs bill wanted by President Barack Obama. The deficit-financed jobs bill limped out of ...

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Employers reported the stimulus package created or retained 640,329 jobs nationwide through the end of September, according to a U.S. Congressional Budget Office report released Tuesday. More than half of the jobs created were in health care. The numbers came ...

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Philip Elliott AP Writer Oak Bluffs, MA — President Barack Obama announced Tuesday he wants to keep Ben Bernanke on as Fed chairman, saying Bernanke shepherded America through the worst economic crisis since the Great Depression. “Ben approached a financial ...

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Tom Raum AP Writer Washington — The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today’s bleak landscape. The administration’s annual midsummer budget update is sure to show higher deficits ...

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