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[10] The Dow Jones Industrial Average closes above 11,000 (11,011.90) for the first time since June 7, 2001. January 10 – Governor Arnold Schwarzenegger proposes a $125.6 billion budget increasing spending without raising taxes. [11] January 11 – The Augustine Volcano in Alaska erupts twice, marking its first major eruption since 1986 ...
The final Senate result was decided when Democrat Jim Webb was declared the winner in Virginia against incumbent George Allen, as reported by the Associated Press. [9] On November 9, 2006, Allen and fellow Republican incumbent Sen. Conrad Burns of Montana both conceded defeat, ceding effective control of the Senate to the Democrats. [10] [11]
February 2 – Representative John Boehner of Ohio becomes the U.S. House Majority Leader, beating out acting majority leader Roy Blunt in a house vote.; February 3 – Dutch D66 party chairman Boris Dittrich resigns because the Dutch Government voted 'Yes' to Dutch participation in a NATO-led ISAF operation in Afghanistan.
In an effort to spur economic growth, the Federal Reserve engaged in three rounds of quantitative easing, while the federal funds rate was kept near zero for an unprecedented seven years. [14] However, credit remained difficult to obtain for some time, as lending institutions used the newly created cash to shore up their balance sheets. [ 15 ]
A 235-193 vote in the U.S. House of Representatives falls short of the 2/3 majority needed to override President George W. Bush's first-ever veto of a bill intended to reauthorize federal funding of embryonic stem cell research (see Stem cell controversy).
2006 events in the United States by month ... 2006 in American politics (5 C, 16 P) S. 2006 in American sports (34 C, 46 P) T. 2006 in American television (4 C, 37 P) U.
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(Drudge Report) (Associated Press) Casinos in the U.S. state of New Jersey have shut down for the first time in their history. The closure started at 8 AM Local Time, 1200 GMT, since the state's budget has not been decided, necessitating the shutdown of nonessential state offices, including casino regulators.(Philadelphia Inquirer) (Associated ...