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Cutting down on ‘offshore trickery’ could help reduce deficit, Levin says.
Third euro-area nation loses investment-grade rating as EU struggles to contain crisis.
Fed chairman could push for fiscal responsibility in testimony on Hill.
President resists GOP efforts to focus on scaled-down deal.
EU's largest borrower sees rates rise as its bonds fall for seventh day.
EU's largest borrower sees rates rise as its bonds fall for seventh day.
President, congressional negotiators to meet again today.
