Obama says Congress will raise debt limit with spending cuts
In Chicago Obama predicted a divided Congress would lift the 14.3 trillion dollar debt limit to avoid default. He warned of market turmoil and a world recession if not raised, and said a bipartisan framework for long term deficit reduction is needed within months. He urged spending cuts as part of a smart compromise with Republicans.
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Rai
John Boehner
Obama links debt limit to spending cuts in interview
In an interview Obama says Republicans should seek a serious compromise and that the debt ceiling should not be contingent on ongoing negotiations. Boehner spokesman Brendan Buck welcomes the linkage to broader spending reductions, while Jay Carney later walks back the remark noting further cuts are needed but not tying the ceiling to negotiations.
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Congress
Obama
Boehner
Brendan Buck
Deadly spring storms strike Crystal Springs and Misrata siege
Powerful South storms killed at least nine people in Crystal Springs Arkansas and disrupted Misrata Libya as Muammar Gaddafi's forces pressed a tank and rocket assault on the rebel city. The fatalities included two parent child groups amid 80 mph winds and lightning.
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Crystal Springs
Ark
Tripoli
Libya
Muammar Gaddafi
Misrata
NATO
Civil war stalemate and pleas for precision air power
Alliance top commander calls for more precise attack aircraft to limit civilian casualties in urban fighting. Rebels say Europe Middle East talks yield little. Tripoli official denies shelling Misrata. In the U S food and gas prices rise, slowing growth forecasts though hiring and factory output climb. Inflation mostly from gas and food, with core inflation flat. Labor costs remain low for workers.
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Europe
Middle East
Gaddafi
Tripoli
Misrata
Washington
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