 |
|
|
WZTV FOX 17 - Top Stories
WASHINGTON - After voting in favor of legislation to rescue 99 percent of the American people from a tax rate increase, U.S. Senator Bob Corker, R-Tenn., said “it’s time to move on to the spending reductions that will be part of the debt ceiling package.”
“I am disappointed we could not address our country’s fiscal issues all at once, but unfortunately, the president made it clear that he was only willing to do this in two steps and leveraged the country and the economy to force revenues to be dealt with first. Now that we’ve addressed the revenue part of the equation, it’s time to move on to the spending reductions that will be part of the debt ceiling package. Passing fundamental entitlement reform is the most important action we can take in ensuring our country’s solvency and now we must have the courage to finish the job and make the tough choices necessary to get these problems behind us once and for all,” said Corker.
Earlier this month, Corker offered legislation to raise the debt ceiling by roughly $1 trillion in exchange for roughly $1 trillion in reforms to Medicare, Medicaid and Social Security.
“I am disappointed we could not address our country’s fiscal issues all at once, but unfortunately, the president made it clear that he was only willing to do this in two steps and leveraged the country and the economy to force revenues to be dealt with first. Now that we’ve addressed the revenue part of the equation, it’s time to move on to the spending reductions that will be part of the debt ceiling package. Passing fundamental entitlement reform is the most important action we can take in ensuring our country’s solvency and now we must have the courage to finish the job and make the tough choices necessary to get these problems behind us once and for all,” said Corker.
Earlier this month, Corker offered legislation to raise the debt ceiling by roughly $1 trillion in exchange for roughly $1 trillion in reforms to Medicare, Medicaid and Social Security.
Wednesday, January 2 2013, 01:44 AM CST
Tennessee News
Firefighters find body in burned Memphis house
May 20, 2013 18:46 GMT
MEMPHIS, Tenn. (AP) -- Fire officials say a man's body was found in a burned house in Memphis.
The Memphis Fire Department says 35 firefighters and other emergency personnel responded to a blaze Monday morning at a one-story house in the Uptown neighborhood.
Firefighters searched the home after they put out the blaze. Fire officials say the body of a man was found in the living room area.
The man's identity has not yet been released. The cause of death is being investigated.
Officials say the home has fire, water and smoke damage. The cause of the fire also is under investigation.
News Stories
Local Headlines
Firefighters find body in burned Memphis house
Couple's bodies found in their Blount County home
FWS to consider concerns about endangered fish
Bonnaroo and then what? More events could follow
Union County DUI stop turns up 300 pounds of pot
Chattanooga festival expands smoke-free zone
National exhibit on Civil War in Nashville
Newest Tenn. Court of Appeals judge being sworn in
 |
|
|
Newsmax Headlines
 |
|
|
Business News
United 787 takes to the skies
HOUSTON (AP) -- United Airlines has one of its 787 aircraft back in the air.
Consumer Info
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. ...
Science/Tech News
IN THE NEWS: FINANCIAL TIMES SITS HACKED
LONDON (AP) -- Another attack on a media site -- and again, one that is being claimed by the Syrian Electronic Army.
Get This
BRAS A FIRE HAZARD?
MILWAUKEE (AP) -- We haven't heard this much about the threat of bra burning since the days of the women's liberation movement.
IE6 Float Fix
