Senate to Obama: Target deficit

Senate to Obama: Target deficit

Nearly two-thirds of the US Senate pressed President Barack Obama on Friday to back a “broad approach” of spending cuts, tax reforms, and curbing popular social programs to reduce the deficit. “We believe comprehensive deficit reduction measures are imperative and to ask you to support a broad approach to solving the problem,” 64 of the […]

U.S. could hit debt limit by April 15

U.S. could hit debt limit by April 15

The United States is likely to hit its $14.29 trillion debt limit a little later than expected, the US Treasury said Tuesday, as lawmakers worked to avert a government shutdown. “The Treasury Department now estimates that the United States will reach the debt limit between April 15, 2011, and May 31, 2011,” senior Treasury official […]

Is Mubarak’s outster a win for Democracy?

Is Mubarak’s outster a win for Democracy?

Western leaders hailed the toppling of Egyptian president Hosni Mubarak as a historic victory for people power and democracy, while China, Russia and Saudi Arabia called for stability on Saturday. Messages of congratulation to the Egyptian people flooded in after Mubarak handed over power to senior army officers following 18 days of mounting protests against […]

Quick Robin! To the Bat-Plane!

Quick Robin! To the Bat-Plane!

A robotic, bat-winged bomber designed to take off from a US aircraft carrier has passed its first test in a debut flight in California, the US Navy said. The X-47B jet, which looks like a smaller version of the B-2 stealth bomber, stayed in the air for 29 minutes and climbed to 5,000 feet in […]

Senator: Pentagon paid billions to ‘fraudsters’

Senator: Pentagon paid billions to ‘fraudsters’

The US military paid 285 billion dollars over three years to hundreds of military contractors that defrauded the Pentagon over the same stretch of time, a US senator charged Wednesday. Brandishing a 45-page January 2011 US Department of Defense report on the issue, Independent Senator Bernie Sanders called for “far more vigorous enforcement” by the […]

Democratic warning: No debt, no government

Democratic warning: No debt, no government

Senate Democrats warned Thursday of dire economic consequences if Congress fails to raise the US debt ceiling, saying it could prompt a shutdown of the federal government. “It’s playing with fire,” said US Senator Chuck Schumer said of the legislative standoff. If a shutdown were to occur, “citizens couldn’t get their checks, veterans couldn’t get […]

The Internet IP warehouse is empty

The Internet IP warehouse is empty

The global warehouse for Internet addresses has run empty. The non-profit Internet Corporation for Assigned Names and Numbers (ICANN) doled out its last five batches of “IP” numbers that identify destinations for digital traffic. “A pool of more than four billion Internet addresses has been emptied this morning,” ICANN chief Rod Beckstrom said at a […]

America’s toxic political climate

America’s toxic political climate

Recriminations and soul-searching began over whether an inflamed political climate influenced a gunman to shoot a US congresswoman and 19 other people in Arizona. From the left and the right, politicians and commentators seized on the attempted assassination of Representative Gabrielle Giffords Saturday as either a reflection of the passions stirred up by rabble-rousing conservatives […]

Jihadist issues Christmas Day threat

Jihadist issues Christmas Day threat

A “jihadist” in an audiotaped threat said fireworks displays will set off terrorist bombs in countries celebrating Christmas, the SITE monitoring group said. The recording, titled “The Zero Hour has arrived” and directed to “the unbeliever and Christian countries celebrating Christmas,” lasts one minute, three seconds and bears the voice of a member of the […]