The House’s near-unanimous passage yesterday of a bill requiring the White House to explain how it will make the severe budget cuts mandated by last summer’s debt- ceiling pact was a pleasant exhibition of bipartisan common sense. The White House, which has been scandalously silent on the issue, needs to tell the public and lawmakers what it has in mind… Read more →
The Postal Service has announced it may be forced to default for the first time in the company’s history. Here’s WBUP. “It owes $5.5 billion to a retirees health fund on August 1st, but says if Congress doesn’t take action it will miss the payment.” The Statesman Journal explains Congress created a plan back in 2006 that put the post… Read more →
(CNN) – A bus bombing which claimed the lives of five Israeli tourists in Bulgaria was likely carried out by a male suicide attacker with a fake Michigan driver’s license, Bulgaria’s interior minister said Thursday. Israel was quick to point the finger at Iran or an Islamist militant group over the attack, which occurred Wednesday in a parking lot outside Burgas… Read more →
(Reuters) – Chinese President Hu Jintao on Thursday offered $20 billion in loans to African countries over the next three years, boosting a relationship that has been criticized by the West and given Beijing growing access to the resource-rich continent. The loans offered were double the amount China pledged for the previous three-year period in 2009 and is the latest in a… Read more →
A white Muslim convert accused of a terrorism offence discussed targeting Royal Wootton Bassett and officers from MI5 and MI6, a court heard today. White Muslim convert, Richard Dart, 29, is charged along with two other men with preparing for acts of terrorism over a two-year period by travelling to Pakistan for training and providing information for others about how… Read more →
