Obama health care law reduces deficit says CBO
The nonpartisan Congressional Budget Office says the health care overhaul will shrink deficits over the next decade by about 84 billion dollars due to fewer uninsured, Medicaid expansion choices, and spending cuts. It notes repeal would raise deficits and that 30 million will be covered by 2022, with total expansion costs around 12 trillion.
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Washington
Barack Obama
Congress
Obama
Supreme Court
Congressional Budget Office
Mitt
Romney
Budget Office
House
Douglas Elmendorf
John Boehner
Ohio
Elmendorf
CBO
Senate
Harry Reid
Dnev
GOP
Mitch McConnell
Kentucky
Romney calls for independent probe into White House leaks
Romney urged an independent investigation into White House leaks he says compromise national security for political gain. He criticized Obama policy on Iran and Syria, and ahead of trips to Britain, Israel and Poland he pressed for a special prosecutor. The White House denied the leak claims while Attorney General Holder authorized two federal prosecutors to probe.
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Nev
Mitt Romney
White House
Barack Obama
Romney
Obama
Iran
Syria
Israel
Eric Holder
Osama bin Laden
Great Britain
Poland
Congress
Jay Carney
Holder
Assad forces push deeper in Aleppo and Damascus battle grows
Beirut reports say jets unleashed sonic booms as helicopter gunships strafed rebels in Aleppo while ground troops comb Damascus after the latest rebel assault on the capital. Assad’s forces consolidate gains, signaling potential regime endurance amid a widening civil war and rebel setbacks.
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Beirut
Aleppo
Syria
Damascus
Bashar Assad
N Y house explosion kills teen in Wilson
An early morning blast leveled a two story house in western New York killing a 14 year old girl and injuring her parents and two siblings. Investigators note residents smelled propane a day earlier and the cause is under investigation. The 6 am explosion reduced the home to waist high rubble that caught fire.
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Wilson
N.Y
New York
Niagara County
Michael Filicetti
Europe urges calm on Spain debt fears and bailout risks
German Finance Minister Wolfgang Schaeuble and Spain's Economy Minister Luis de Guindos warned markets misprice Spain's economy as bond yields top 7 percent. They urged rapid use of up to 100 billion euros from the eurozone bailout fund to bolster banks and pressed for a centralized banking supervisor to reduce sovereign bailout risks.
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Frankfurt
Germany
Spain
Wolfgang Schaeuble
Luis de Guindos
Berlin
Schaeuble
de Guindos
Greece
Ireland
Portugal
Italy
Europe
Governors urge Congress to curb uncollected online sales taxes
Governors led by Tennessee's Bill Haslam urge Congress to require out-of-state online merchants to collect state sales taxes, arguing fairness for local businesses. Chris Christie and other Republicans support legislation to tax Internet purchases, estimated at about $20 billion annually.
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Congress
Tennessee
Bill Haslam
House
Judiciary Committee
Chris Christie
New Jersey
Market roundup sentences end with mixed moves
Key indices closed lower with the Dow down 104.14 at 12617.32 the Nasdaq slipping 21.16 to 2862.99 and the S&P 500 off 12.21 to 1338.31. Commodities showed gains and declines including corn 7.25 cents higher to 7.78, oil up 0.36 to 88.50, and gold down 1.20 to 1576.20.
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Dow Industrials
S&p
Chicago
Kansas City
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The
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Assad
Maart
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Leawood
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