Senate panel OKs extended FISA surveillance law
The Senate Intelligence Committee backed extending the Foreign Intelligence Surveillance Act Amendments of 2008 to June 2015 despite a Wyden Udall bid to require an inspector general estimate of U S residents affected by monitored calls and emails. The panel approved the intelligence authorization bill in a closed session amid disputes over public impact.
MENTIONED IN THIS ARTICLE
Washington
Senate Intelligence Committee
Ron Wyden
Oregon
United States
Wyden
Mark Udall
Colorado
Justice Department
Inspector General
U.S
Wyden- Udall
Congress
Debt deal passed amid partisan clash to avert default
The debt limit compromise allows a quick 900 billion borrowing increase and 917 billion in spending cuts over a decade, with a 12 member congressional panel to map further savings. It faces a Christmas deadline and would trigger 1.2 trillion in automatic cuts if Congress fails to act. Moody's kept AAA with negative outlook. President Obama urged tax increases on the wealthy while Republicans demand restraint.
MENTIONED IN THIS ARTICLE
U.S
Obama
White House
America
GOP
Senate
Mitch McConnell
Kentucky
Oval Office
House
John Boehner
Treasury
Administration
Moody's Investors Service
Congress
Pentagon
McConnell
New Mexico Labs Face Potential Budget Cuts Amid Deficit Talks
Los Alamos and Sandia national laboratories may see funding reductions under the deficit deal. Senator Udall cautions immediate impacts are unlikely, but long term budgets for the Los Alamos nuclear lab and Sandia bomb refurbishments could be trimmed if the package fails to pass. Senator Bingaman warns defense bases and labs could suffer. The plan previously calls for 5.8 billion dollars to modernize Los Alamos and refurbish B61 bombs at Sandia.
MENTIONED IN THIS ARTICLE
Tom Udall
New Mexico
Los
Bingaman
Los Alamos
Economy tangled as markets fall amid debt talks end
The Dow fell for an eighth straight day to 11,866.62 while the S&P 500 slipped to 1,254.05. June consumer spending dropped 0.2 percent as incomes rose 0.1 percent and wages fell, with automakers reporting weak sales due to shortages and lack of discounts. Unemployment stood at 9.2 percent as July jobs data loom.
MENTIONED IN THIS ARTICLE
Dow
Roswell talks rail spur and permits for dairies and energy
Barela and local business leaders discuss methane from dairy manure, permitting hurdles, and liquor licenses as obstacles. NuMex engineer urges a 1,000 foot rail spur on the Burlington Northern Santa Fe line to connect Loving and Carlsbad spurs, enhancing transport for energy projects amid federal policy constraints under Obama.
MENTIONED IN THIS ARTICLE
Greathouse
Guy Tipton
NuMex
South Roswell
Burlington Northern Santa Fe
Clovis
Loving
Carlsbad
Roswell
Barela
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