Click for Uebelhor
Google TOC
Make This My Homepage
In The News
In flap over S. Carolina law, old tensions and a campaign issue

In flap over S. Carolina law, old tensions and a campaign issue


By Andy Sullivan COLUMBIA, South Carolina (Reuters) - The state that fired the first shot in the Civil War is once again battling the U.S. government in a racially charged conflict that is drawing ...
Divers suspend search of capsized Italy liner

Divers suspend search of capsized Italy liner


By Steve Scherer and Gabriele Pileri GIGLIO, Italy (Reuters) - Divers searching the capsized Italian cruise liner Costa Concordia suspended work on Wednesday after the vast wreck shifted slightly but officials said they are ...
Italy ship search suspended after hulk moves-officials

Italy ship search suspended after hulk moves-officials


GIGLIO, Italy (Reuters) - Italian divers suspended their search of the capsized cruise liner Costa Concordia after the vessel shifted slightly on its resting place near the Tuscan island of Giglio, officials said on Wednesday. ...
Obama asks Congress to soften budget cuts, trim deficit
Posted : Tuesday, 05 February 2013 10:46AM

WASHINGTON (Reuters) - President Barack Obama on Tuesday asked Congress to avoid deep spending cuts with a stopgap bill and said he is committed to cutting the nation's deficit to manageable levels over the long term.

Obama said uncertainty over the automatic across-the-board cuts - known as sequestration - has stunted economic growth and has the potential to do further damage.

A round of deep cuts would kick in March 1 unless Congress acts, and the president asked lawmakers to pass a modest bill that would blunt the impact of the reductions for several months to allow time to produce a broader package to address the deficit.

Obama said he remains committed to achieve the full $4 trillion in deficit reduction seen as necessary to bring the nation's sea of red ink under control. But he insisted that deficit reduction come in part from tax reforms.

(Reporting By Mark Felsenthal; Editing by Sandra Maler)

(c) Copyright Thomson Reuters 2013. Check for restrictions at: http://about.reuters.com/fulllegal.asp