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“No real spending cuts. No real deficit reduction. No acknowledgement of America’s out-of-control national debt. This is a popular vote today, but it will harm America in the long run. It is good to see a return to bipartisanship, but not when it makes our fiscal problems worse.
“Congress is missing the chance of the decade to adopt a large, balanced deficit reduction plan such as Simpson-Bowles that combines tax relief with controlling federal spending.
“In just a few weeks, America will face another debt-ceiling crisis as well as sequestration. Today’s fiscal Band-Aid may feel good now, but its relief will not even last until spring.”
Cooper has long favored a balanced, bipartisan approach to tackling the national debt and fiscal cliff. He and U.S. Rep. Steve LaTourette (R-OH) introduced the only bipartisan budget last spring, based on recommendations from the Simpson-Bowles fiscal commission.
The Cooper-LaTourette budget was the only budget plan to receive bipartisan support in the House last year, and was widely praised by editorial boards across the country. Cooper and LaTourette were honored by the Concord Coalition in September 2012 for their political leadership and work to reduce the debt.
Tuesday, January 1 2013, 11:17 PM CST
Body found in Percy Priest Lake
May 25, 2013 20:14 GMT
SMYRNA, Tenn. (AP) -- Authorities say a body has been found in Percy Priest Lake in Middle Tennessee.
WSMV-TV (http://bit.ly/16gYKys) reports officials with Metro Police, the Office of Emergency Management and Tennessee Wildlife Resources Agency were at the scene Saturday at Hole In The Wall Island. The body was reported to authorities about 11 a.m.
TWRA officials say they believe the deceased man is a boater who disappeared in the lake two weeks ago.
Police said the agencies coordinated with each other to get a boat in the water and recover the body.
Information from: WSMV-TV, http://www.wsmv.com/
US durable goods orders rise 3.3 percent in April
WASHINGTON (AP) -- U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for military and civilian aircraft and an increase in business investment.
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: RESTAURANT FLAP LEADS TO INTERNET MELTDOWN
SCOTTSDALE, Ariz. (AP) -- It isn't exactly to curry favor with your restaurant customers -- even if your specialty isn't curry.