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CAFE Upgrade Unlikely

Even though gasoline prices are soaring and the political landscape seems ripe for a new way of addressing the nation’s increasing demand for oil, the prospects for forcing automakers to increase vehicle fuel efficiency standards for the first time in 30 years appear to be remote.

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Chairman of the Joint Chiefs of Staff Gen. Martin Dempsey, Secretary of State Hillary Rodham Clinton and Defense Secretary Leon Panetta testify at a Senate Foreign Relations Committee hearing Wednesday.
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Defense Sequester Policy Briefing

Defense Sequester Policy Briefing

Nobody seems to like the automatic Pentagon spending cuts set for January, but there is little Congressional agreement on an alternative.

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