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Econ 101: April 12, 2013

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • The federal government will extend a program to help homeowners refinance their mortgages for another two years. [TWall Street Journal]
  • Top House Democrat James Clyburn (SC) is “not for the Obama budget” because of Social Security reforms. [The Hill]
  • A bipartisan group of senators plan to introduce an immigration reform bill Tuesday. [Reuters]
  • A high-speed trader is in consideration to oversee trading and markets for the Securities and Exchange Commission. [Bloomberg]
  • Americans are spending more of their annual pay on homes as housing values rise and paychecks fail to keep up. [Washington Post]
  • Eurozone finance ministers are meeting this weekend to discuss bailouts and the continent’s economy. [New York Times]
  • Retail sales slumped again in March. [Wall Street Journal]
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