U.S. Senate Commerce Committee Chairman John D. Rockefeller IV on Monday called on top U.S. House Republicans to convene a conference committee by Wednesday on a bill to reauthorize the Federal Aviation Administration.
According to an analysis by the well-respected Bipartisan Policy Commission (BPC) there would be barely enough funding to pay interest, Social Security, Medicare and Medicaid, defense, and unemployment benefits.
Transportation Secretary Ray LaHood on Monday implored Congress to approve a funding measure for the Federal Aviation Administration (FAA) as airport construction projects ground to a halt.
After years of deficit spending, the United States finds itself in dire economic straits. One need look no further than the current debate over the nation’s budget and debt limit.
President Obama made clear tonight that the debate over the debt ceiling is not left vs. right. It’s center vs. right. There was nothing remotely “left” in this speech, unless you count higher taxes for corporate jet owners and a few other populist bits.
On Monday, national prices for diesel fuel averaged $3.949, $1.03 more expensive than the same time last year, according to the weekly report from the Department of Energy.
– Ben Dundas, Web Analyst
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