XML FeedsArchives for: July 2011, 26
Boehner delays vote on his debt-ceiling measure
By News on Jul 26, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- Stung by revelations that his plan would cut spending less than advertised, House Speaker John Boehner on Tuesday postponed a vote on a debt-ceiling measure that was already running into opposition from tea party conservatives. The move came just a week before an Aug. 2 deadline for staving off the potential financial chaos of the nation's first-ever default....Deal or no deal? US downgrade looking likely
By News on Jul 26, 2011
NEW YORK (AP) -- Could the U.S. lose its top credit rating even if a deal is reached to raise the debt limit? Market analysts and investors increasingly say yes. The outcome won't be quite as scary as a default, but financial markets would still take a blow. Mortgage rates could rise. States and cities, already strapped, could find it more difficult to borrow. Stocks could lose their gains for the year....
House GOP to rework budget plan after new estimate
By News on Jul 26, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- A spokesman for House Speaker John Boehner says House Republican leaders are working to rewrite their deficit-reduction plan after receiving an estimate that it won't cut spending as much as advertised....White House threatens to veto Boehner's House plan
By News on Jul 26, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- The White House threatened on Tuesday to veto emergency legislation pending in the House to avert a threatened national default, a pre-emptive strike issued as Republican Speaker John Boehner labored to line up enough votes to pass the measure....US: bin Laden death ups terror risk for Americans
By News on Jul 26, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_US_TERRORISM?SITE=ILMOL&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- The Obama administration says Osama bin Laden's death has raised the risk of anti-American violence worldwide....