XML FeedsArchives for: July 2011
House speaker says Senate plan 'full of gimmicks'
By News on Jul 25, 2011
WASHINGTON (AP) -- House Speaker John Boehner says Senate Democratic leader Harry Reid's plan to deal with the debt and avert a government default is "full of gimmicks."...
WH: Reid plan to solve debt crisis "reasonable"
By News on Jul 25, 2011
WASHINGTON (AP) -- The White House is getting behind a proposal by Senate Majority Leader Harry Reid to avert a debt-limit crisis by trimming $2.7 trillion of government spending. The White House stopped short of issuing a veto threat against a competing House Republican plan....
Challenging Obama, House GOP unveils new debt bill
By News on Jul 25, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=ILMOL&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- In a blunt challenge to President Barack Obama, House Republicans drafted legislation Monday to avert a threatened Aug. 2 government default - but along lines the White House has already dismissed. U.S. financial markets shrugged off the uncertainty....New Hill move: House GOP shows debt ceiling plan
By News on Jul 25, 2011
WASHINGTON (AP) -- Republicans controlling the House have released a two-track plan to increase the nation's borrowing cap by $1 trillion and permit a larger increase next year that's dependent on Congress passing cuts to benefit programs like Medicare and farm subsidies....
Pentagon: US transport funds end up with Taliban
By News on Jul 25, 2011
WASHINGTON (AP) -- Money from a multibillion-dollar U.S. transportation contract in Afghanistan has made its way into the hands of the Taliban, the Pentagon said Monday, promising to tighten the rules for future spending....
