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GOP Leader: House to Vote on Debt Limit Increase
WASHINGTON (AP) -- The government could get about three more months of borrowing authority, beyond a deadline that is expected to hit as early as mid-February.
House Majority Leader Eric Cantor says the House will vote next week to let the government borrow more money to meet its obligations.
The legislation wouldn't require immediate spending cuts, despite earlier promises by House Speaker John Boehner and others. Instead, it's aimed at forcing the Democratic-controlled Senate to join the House in debating the federal budget. It seeks to do so by linking pay for members of Congress to the passing of budget measures through the House and Senate.
The idea is running into opposition from Democrats who say it's a gimmick because it would set up another potential confrontation in just a few months. Votes from Democrats may be necessary to pass it, if Republican conservatives who oppose any increase in the debt limit withhold their support.
The White House says it's "encouraged" by the apparent willingness to extend the debt limit.
Senate Majority Leader Harry Reid also welcomed the development -- but his office is indicating that Senate Democrats won't accept it because of the measure on congressional pay.
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Posted: Friday, January 18 2013, 03:22 PM CST
IN OKLAHOMA NEWS
Okla. governor signs abortion bill, 20 other bills
May 24, 2013 21:20 GMT
OKLAHOMA CITY (AP) -- Oklahoma Gov. Mary Fallin has signed legislation that requires abortion providers to take additional steps to notify the parents of a minor who is seeking an abortion.
The measure was among 21 bills Fallin signed into law on Friday, when the Legislature planned to adjourn its 2013 legislative session.
The bill prohibits a minor from getting an abortion until at least 48 hours after written notice has been provided to her parent or guardian, except in cases of a medical emergency. In that case, the physician must verbally inform a parent within 24 hours after the abortion and send a written notice to the parent's last known address.
The bill includes an exemption for girls who are the victims of sexual or physical abuse.
House Bill 1588: http://bit.ly/10u4uzC
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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. ...
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.
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. ...
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.