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President Barack Obama warned Monday there would be no deal on raising the government's debt limit if Republicans don't compromise and said he would not sign a short-term extension — raising the stakes on volatile negotiations with the clock ticking toward a Aug. 2 deadline. Read more
Starting this month, Cambridge will become what is believed to be the first municipality in the country to pay its public employees a stipend in an attempt to defray the cost of the federal tax on health benefits for their same-sex spouses. Read more
In anticipation of the Governmental Accounting Standards Board issuing its Exposure Drafts outlining new rules for how state and local governments account for their pensions, the National Association of State Retirement Administrators and the National Council on Teacher Retirement issued a joint statement expressing both hope and concern. Read more
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According to UWC, an association of national and state business organizations, the costs of unemployment insurance for employers has increased from $31 billion in 2008 to $160 billion in 2010. Nevertheless, most people don't much about this benefit, including human resources professionals. Read more
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