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U.S. settles American Indian lawsuit for $1.4B

The Obama administration reached a $1.4 billion settlement in a 13-year-old lawsuit over money held in trust for American Indians. Under the agreement, announced Tuesday by Attorney General Eric Holder and Secretary of Interior Ken Salazar, the U.S would pay $1.4 billion to settle current clams and create a $2 billion fund for future claims. "With this ...

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