debt limit

White House, GOP Draw Red Lines in Debt Debate

Posted on 01/7/2013 by | General News | Comments

Bulletin Today | PoliticsBy Anne Flaherty of The Associated Press WASHINGTON (AP) — Struggling for the upper hand in the next round of debt talks, Republicans and Democrats this weekend drew lines in the sand they said they’d never cross when it comes to the U.S. debt limit. The tough talk on the Sunday morning talk shows doesn’t bode well for voters who are frustrated by the political gridlock. “I believe we need to raise the debt ceiling, but if we don’t raise …

More Fiscal Battles Loom Despite Deal

Posted on 01/2/2013 by | General News | Comments

Bulletin Today | PoliticsBy Tom Raum of The Associated Press Financial markets around the world are celebrating the climactic New Year’s agreement to avert scheduled tax increases and budget cuts in the United States. But the party could be a short one. While Congress’ action ended a stubborn stalemate and prevented the nation from going over a “fiscal cliff” and possibly tumbling back into recession, the terms of the bipartisan pact helped erect an even larger fiscal precipice. The deal, which President Barack …

Movement Seen in ‘Fiscal Cliff’ Talks

Posted on 12/17/2012 by | General News | Comments

PoliticsBy Andrew Taylor and Jim Kuhnhenn of The Associated Press WASHINGTON (AP) — President Barack Obama and House Speaker John Boehner met at the White House on Monday in hopes of continuing to make progress on a plan to deal with the “fiscal cliff.” The meeting came after Boehner on Friday offered $1 trillion in higher tax revenue over 10 years and an increase in the top tax rate on people making more than $1 million a year. The House …

White House, GOP Budget Plans — What Would They Do?

Posted on 12/5/2012 by | General News | Comments

Bulletin Today | PoliticsBy The Associated Press The Obama administration and House Republicans have unveiled their opening offers in talks to avoid the so-called fiscal cliff. Details are scant, but the White House estimates its plan would carve $4.4 trillion from the deficit over the coming decade, including previously enacted cuts ($1 trillion) and savings from reduced costs for overseas military operations ($800 billion), as well as interest payments on the national debt ($600 billion). House Republicans say their plan would cut deficits …

The Takeaway: What’s in a Face at 50?; Debt Deal Goes to Congress

Posted on 08/1/2011 by | The Takeaway | Comments

News RoundupsWhat does your face say about you? Does it say you’re happy? Stressed? When people see you, do they think you’re powerful? Warm? Do you appear healthy? As President Obama turns 50, a new report examines how much he’s aged in the last three years and asks an interesting question: “What’s in a face at 50?”

The Takeaway: Taking Aspirin? Don’t Stop; Longevity Study; Prehistoric Grandparents

Posted on 07/25/2011 by | The Takeaway | Comments

News RoundupsAspirin wards off heart attack–just don’t stop taking it, study warns. Researchers tracked people ages 50 to 84 and found patients with a history of heart disease who had recently stopped low-dose aspirin were 63 percent more likely to have a heart attack. “Even stopping aspirin for 15 days was associated with the short-term risk.”