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TODAYS TOP STORIES
Fiscal Crisis, Budget Battle Mark Panetta's Tenure
WASHINGTON (AP) -- As Defense Secretary Leon Panetta's plane returned home from his final official overseas trip, his staff gathered to salute his time as Pentagon chief. And they presented him with a symbol of his tenure months at the helm of the world's largest military: a plastic meat ax.
Panetta may go down in history as the CIA director who got Osama bin Laden. But his 19 months as defense secretary came at a critical moment -- dominated by the nation's fiscal crisis and an endless struggle to protect the defense budget from billions in automatic spending cuts he repeatedly compared to a meat ax.
For President Barack Obama, Panetta's experience as a congressman and as budget director in the Clinton administration made him the perfect choice to take on Capitol Hill.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Posted: Saturday, January 19 2013, 09:09 PM CST
IN OKLAHOMA NEWS
Fallin signs bill to spend $45M on tornado relief
May 24, 2013 19:07 GMT
OKLAHOMA CITY (AP) -- Gov. Mary Fallin has signed a bill that will allow the state to access $45 million from the state's Rainy Day Fund to help communities recover from tornado damage.
Fallin on Friday signed a bill that the House and Senate passed unanimously in the wake of the deadly tornado that raked across the state on Monday, killing 24 people and injuring hundreds more.
It allows the state to use the money to match federal disaster funds and for other "disaster-related assistance."
The state's Rainy Day Fund, a constitutional reserve fund, currently has a balance of about $577 million. Up to 25 percent of the money can be accessed to pay for emergency-related expenses. The rest is reserved for when the state experiences budget shortfalls.
Online:
Senate Bill 249: http://bit.ly/10YnKm1
OKLAHOMA HEADLINES
Fallin signs bill to spend $45M on tornado relief
Moore post office service increases; streets open
Friends remember `The Wall' after Okla. tornado
Okla. Legislature OKs tax breaks for storm victims
Mock drill in SD riles Keystone pipeline opponents
Pace slows in testing after Tulsa health scare
Business recovery center to open in Okla.
Hearing could resume in case of 4 Tulsa deaths
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OKLAHOMA WEATHER
78°
From the FOX 25 First Forecast Center..
It's Friday and the weather is looking good for the holiday weekend. We can't rule out isolated to random showers and storms from time to time but nothing organized. ...
Business News
US durable goods orders rise 3.3 percent in April
WASHINGTON (AP) -- U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for military and civilian aircraft and an increase in business investment.
Consumer Info
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
Science/Tech News
IN THE NEWS: RESTAURANT FLAP LEADS TO INTERNET MELTDOWN
SCOTTSDALE, Ariz. (AP) -- It isn't exactly to curry favor with your restaurant customers -- even if your specialty isn't curry.
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EAST HAMPTON, N.Y. (AP) -- Dr.
IE6 Float Fix
