Congress dodges crisis and confronts new budget fights
Congress averted a government shutdown but faces key disputes over disaster aid funding and the next year's budget. Ten Republicans press for deep cuts while Democrats defend programs as a 12 member super committee aims to carve a 1.5 trillion dollar deficit reduction by November 23. The backdrop is a weak economy and an electorate frustrated with Washington.
MENTIONED IN THIS ARTICLE
Congress
Barack Obama
Washington
Shutdown threats judged old bargaining tool by Durbin
Senator Dick Durbin and Rep. Jerry Costello criticized government shutdown threats as reckless and harmful to markets and confidence. They urged responsible voting and real negotiation, while Rep. John Shimkus dismissed the threats as political drama and pointed to a broken budgeting process in Congress.
MENTIONED IN THIS ARTICLE
Dick Durbin
Springfield
House
Senate
Durbin
U.S. Congress
Standard & Poor
U.S
Jerry Costello
Costello
John Shimkus
Collinsville
Shimkus
FEMA finds extra disaster aid money to tide weeklong funds
FEMA, facing potential funding shortfalls, found about 40 million from pre Irene infrastructure projects and has roughly 175 million available as of Tuesday. Officials say recoveries this month and year extended the Disaster Relief Fund, averting an immediate shutdown and enabling a CR to fund government until November 18.
MENTIONED IN THIS ARTICLE
Washington
Federal Emergency Management Agency
FEMA
Rachel Racusen
Racusen
Congress
Energy Department
Libyan official delivers 16M to Sabha amid fighting
The Libyan National Transitional Council sent 16 million in 20 boxes of 20 dinar notes to Sabha central bank on the first flight since NATO airspace restrictions. Ahmed Bashir said forces in the area hold weapons but lack manpower while Gaddafi loyalists resist in Sirte and Bani Walid. Seif al Islam appeared in a video on Al-Rai TV praising supporters amid ongoing clashes.
MENTIONED IN THIS ARTICLE
Sabha
Libya
Muammar Gaddafi
Gaddafi
Tripoli
Ali al-Tarhouni
Ahmed Bashir
National Transitional Council
Gadhafi
Sirte
Bani Walid
Seif al-Islam
Al-Rai TV
Seif
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Ocom Gaa Ae
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