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Econ 101: January 9, 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.

  • Congressional Democrats are blasting insurance giant AIG for threatening to sue the government over the company’s “onerous” federal bailout. [The Hill]
  • Bank of America is beating a retreat from the mortgage market. [Washington Post]
  • Americans are now relocating in greater numbers than before the Great Recession. [Wall Street Journal]
  • The European Union is looking to put stricter privacy rules in place to rein in Google and Facebook. [Bloomberg]
  • U.S. oil imports are projected to hit their lowest level in 25 years in 2014. [Financial Times]
  • According to a government watchdog, the IRS should be doing more to audit wealthy Americans. [CNBC]
  • U.S. consumer debt rose in November due to increases in auto and student loans. [Associated Press]
  • France is looking to crack down on tax dodging by multinational corporations. [Reuters]

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