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	<title><![CDATA[Mandate Watch: Obama Backs Off Promise to Pass Windfall Profits Tax on Big Oil]]></title>
	<url>http://www.huffingtonpost.com/david-sirota/mandate-watch-obama-backs_b_148106.html</url>
	<abstract><![CDATA[<p>Good news and bad news in the last day. The good news: Barack Obama has appointed a NAFTA critic, Rep. Xavier Becerra, as the next U.S. Trade Representative (<a href="http://www.ourfuture.org/blog-entry/2008124902/nafta-critic-selected-us-trade-representative">more on that here</a>). The bad news is this just off the <a href="http://www.reuters.com/article/vcCandidateFeed2/idUSTRE4B206W20081203">Reuters wire</a>:</p>

<blockquote>CHICAGO/WASHINGTON (Reuters) - President-elect Barack Obama is not planning to implement a windfall profit tax on oil companies because prices have dropped below $80 a barrel, an aide said on Tuesday...

<p>Obama, who signaled early in his campaign...</p></blockquote>]]></abstract>
	<taxonomy><![CDATA[Politics]]></taxonomy>
	<date_published>2009-01-03T05:12:00-05:00</date_published>
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