WZTV FOX 17 - Top Stories
The budget deficit _ the shortfall created when the government spends more in a given year than it collects _ is on track to top $1 trillion for the fourth straight year. The government borrows about 40 cents for every dollar it spends.
The national debt is the total amount the federal government owes. It’s risen to a shade over $16 trillion.
There’s widespread agreement that something must be done. One big question is whether to slow spending gradually, to avoid suddenly tipping the economy back into recession, or to impose steep spending cuts right away because the problem is so severe. And how should tax revenue fit into the mix?
Thursday, October 4 2012, 03:41 AM CDT
Houston brother will be his own attorney in court
June 18, 2013 13:02 GMT
KNOXVILLE, Tenn. (AP) -- A Roane County man will face federal gun violation charges next month without an attorney.
The Knoxville News Sentinel (http://bit.ly/17VlXpM ) reported Rocky Joe Houston will represent himself on a charge of possession of a gun by a felon.
The charge came after Houston earlier represented himself in state court on charges stemming from a police chase. He was convicted of evading arrest and reckless endangerment.
Houston and his brother, Leon Houston, were tried, but not convicted, in the 2006 shooting deaths of a Roane County deputy and his ride-along companion.
In federal court, Rocky Joe Houston is claiming the officer who charged him with the felony had no legal authority.
Information from: Knoxville News Sentinel, http://www.knoxnews.com
Uncertainty over US stimulus drags shares lower
TOKYO (AP) -- Jitters over a possible change in U.S. stimulus efforts by the Federal Reserve helped pull share prices mostly lower in Asian trading today.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: PRESIDENT OBAMA DEFENDS NSA SPY PROGRAMS
WASHINGTON (AP) -- Until they were revealed earlier this month, few people knew about the National Security Agency's spying programs.
HOUSE OF CARDS
ANNAPOLIS, Md. (AP) -- The Maryland State House is getting a promotion -- to the U.S.