The Times West Virginian

Headline News

February 1, 2013

Congress passes legislation raising debt ceiling

WASHINGTON — Congress sent President Barack Obama drama-free legislation on Thursday raising the debt ceiling, averting a government default and putting off the next tax-and-spending clash between the White House and Republicans until later in the year.

The measure cleared the Senate on a vote of 64-34 after winning House approval late last week. It permits the Treasury to borrow above the current $16.4 trillion debt limit through May 18. The White House has said Obama will sign it.

“Failure to pass this bill will set off an unpredictable financial panic that would plunge not only the United States but much of the world back into recession,” Sen. Max Baucus, D-Mont., said before the vote. “Every single American would feel the economic impact.”

But Republican leader Mitch McConnell said in remarks on the Senate floor that “government spending is completely out of control — and it’s projected to get much worse in years to come.” His office issued a statement shortly after the vote saying he had opposed the legislation after Democrats torpedoed several GOP attempts to rein in spending before final passage.

The legislation reflects a switch in strategy by Republicans, whose insistence on deep spending cuts as a trade-off for a higher debt limit more than a year ago pushed the government to the brink of an unprecedented default. With polls showing their public support lagging, they now look ahead to a new season of potential showdowns, with a reshuffled batting order that moves the threat of a default to the back of a line that includes March 1 across-the-board spending cuts and the March 27 expiration of funding for most federal agencies.

In all, 50 Democrats, 12 Republicans and two independents voted in favor of the debt limit bill, while 33 Republicans and Democratic Sen. Joe Manchin of West Virginia opposed it.

The debt limit measure came with only one string attached by House Republicans, a provision that would temporarily withhold the pay of lawmakers in either house that failed to produce a budget this year.

That was designed as a prod to the Senate, where majority Democrats have failed to bring a budget to a vote in any of the past three years. This year, they say they will. Republicans say they are eager for a comparison of plans, rather than a long year spent defending one of their own.

Already, the next conflict over budget priorities is taking shape, in an environment includes a fresh report that the economy unexpectedly declined in the last quarter, and the emergence of a warning from the Pentagon’s top uniformed officers that pending defense cuts could lead to a “hollow force.”

1
Text Only
Headline News
  • George Harrison memorial tree killed by beetles

     A tree planted in Los Angeles to honor former Beatle George Harrison has been killed — by beetles.

    July 23, 2014

  • ‘X-Men’ VR experience coming to Comic-Con

    Comic-Con attendees will have a once-in-a-lifetime chance to enter the mind of Professor X.
    20th Century Fox has created an “X-Men”-themed virtual reality stunt especially for the pop-culture convention, which kicks off Thursday in San Diego. The interactive digital experience utilizes the Oculus Rift virtual reality headset, which is not yet available to consumers, to simulate the fictional Cerebro technology used to track down mutants by the character portrayed by Patrick Stewart and James McAvoy in the “X-Men” films.

    July 23, 2014

  • Centenarian Weather W_time2.jpg At 101, weather observer gets a place in the sun

    It takes only a couple of minutes, twice a day, but 101-year-old Richard Hendrickson is fiercely proud that he has done the same thing for his country and community nearly every day since Herbert Hoover was in the White House in 1930.
    The retired chicken and dairy farmer, whose home sits in the heart of the ritzy Hamptons, has been recording daily readings of temperature and precipitation on eastern Long Island longer than any volunteer observer in the history of the National Weather Service.

    July 23, 2014 1 Photo

  • Starved Pennsylvania 7-year-old weighed only 25 pounds

    A 7-year-old Pennsylvania boy authorities described as being so underweight he looked like a human skeleton has been released from the hospital.

    July 22, 2014

  • U.S. outlines case against Russia on downed plane

    Video of a rocket launcher, one surface-to-air missile missing, leaving the likely launch site. Imagery showing the firing. Calls claiming credit for the strike. Recordings said to reveal a cover-up at the crash site.

    July 21, 2014

  • James Garner Obit.jpg 'Maverick' star James Garner, 86, dies in California

     Actor James Garner, whose whimsical style in the 1950s TV Western "Maverick" led to a stellar career in TV and films such as "The Rockford Files" and his Oscar-nominated "Murphy's Romance," has died, police said. He was 86.

    July 20, 2014 1 Photo

  • Given life term, drug offender hopes for clemency

    From the very start, Scott Walker refused to believe he would die in prison.
    Arrested and jailed at 25, then sent to prison more than two years later, Walker couldn’t imagine spending his life behind bars for dealing drugs. He told himself this wasn’t the end, that someday he’d be released. But the years passed, his appeals failed and nothing changed.

    July 20, 2014

  • Teen’s death puts focus on caffeine powder dangers

    A few weeks before their prom king’s death, students at an Ohio high school had attended an assembly on narcotics that warned about the dangers of heroin and prescription painkillers.
    But it was one of the world’s most widely accepted drugs that killed Logan Stiner — a powdered form of caffeine so potent that as little as a single teaspoon can be fatal.

    July 20, 2014

  • Monitors try to secure Ukraine plane crash site

    International monitors moved gingerly Saturday through fields reeking of the decomposing corpses that fell from a Malaysian airliner shot down over rebel-held eastern Ukraine, trying to secure the sprawling site in hopes that a credible investigation can be conducted.
    But before inspectors ever reach the scene, doubts arose about whether evidence was being compromised.

    July 20, 2014

  • Without radar, missile may not have identified jet

    If Ukrainian rebels shot down the Malaysian jetliner, killing 298 people, it may have been because they didn’t have the right systems in place to distinguish between military and civilian aircraft, experts said Saturday.
    American officials said Friday that they believe the Boeing 777 was brought down by an SA-11 missile fired from an area of eastern Ukraine controlled by pro-Russian separatists.

    July 20, 2014

House Ads
Featured Ads