House moves to avert debt crisis this month
Congress races to raise the federal debt limit before the March financial cliff. Treasury borrowing authority lapses at $2.111 trillion by Friday midnight, risking a default by May 28 and triggering disruptions across government. NASA cites a disastrous lightning strike on a $161 million rocket-satellite mission amid renewed scrutiny.
MENTIONED IN THIS ARTICLE
House
Congress
Treasury
NASA
Air Force
Jon Busse
GM recall decision to be appealed
A three year government struggle to force a recall of 1.1 million 1980 GM X body cars will go another round as the Justice Department plans to appeal a federal court ruling in the automaker's favor. The department said it would file a motion soon to overturn the decision that a recall is not necessary.
MENTIONED IN THIS ARTICLE
General Motors
Justice Department
U.S. Court of Appeals
House Debates Reagan Star Wars Budget Plan
The Democratic House weighs how much to fund Reagan's Star Wars shield and whether to require an early version of the high tech defense. Lawmakers focus on a massive Pentagon budget bill for the year starting October 1.
MENTIONED IN THIS ARTICLE
Washington
House
Reagan
Pentagon
Special prosecutor probes Meese's Wedtech role
Independent Counsel James McKay launches a criminal inquiry into Attorney General Edwin Meese. Burns and Meese seek rapid investigation to resolve concerns about Meese ties to Wedtech and related officials. The probe expands to include Nofziger Wallach and Chinn with Financial Management International.
MENTIONED IN THIS ARTICLE
Washington
Edwin Meese
Wedtech Corp
Meese
James McKay
Arnold Burns
McKay
Burns
White House
Lyn Nofziger
Wedtech
Administration of Justice
Justice Department
Reagan Administration
Pegiment Spok Justice Department
Terry Eastland
Basiland
Eastland
Jeese
Nofziger
E. Robert Wallach
W. Franklyn Chinn
Financial Management International Inc
Chinn
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Bonn
Genscher
West Germany
Hans-Dietrich Genscher
George P. Shultz
U.S
Clayton Lonetree
Quantico, Va
Marine Base
Marine Embassy
Deys
Dey’s
MasterCard
VISA
Carone
Chase Lincoln
Equelit
Lincoln
von Chase
Incoln Fiese Bank
Ity Choice Line of Credit Rate Center
Celinvof
sTquay Ct
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