The U.S. House of Representatives will likely vote today to disapprove of raising the debt ceiling by $1.2 trillion. If you remember, the last time a vote of this kind went down, it was a dramatic showdown that rattled markets and was cited as one of the prime reasons S&P downgraded the United States' debt rating.
Today's vote however will be symbolic. The debt ceiling will likely be raised no matter how Congress votes.
Our Newscast desk spoke to NPR's Andrea Seabrook, who explained the vote like this:
This is TALK OF THE NATION. I'm John Donvan in Washington. Huntsman hangs up his cleats, Wisconsin Dems step up to the plate, and Newt Gingrich swings for the fences in South Carolina. It is Wednesday and time for a...
NEWT GINGRICH: Paychecks versus food stamps...
DONVAN: Edition of the Political Junkie.
PRESIDENT RONALD REAGAN: There you go again.
VICE PRESIDENT WALTER MONDALE: When I hear your new ideas, I'm reminded of that ad: Where's the beef?
Italian coast guard Capt. Gregorio De Falco (center) has become a national hero for ordering the captain of a sinking cruise liner to get back onboard and oversee the ship's evacuation. Here, De Falco arrives in court for a hearing on Tuesday.
Five days after a cruise liner slammed into rocks off Italy's Tuscan coast, the country is gripped by the contrasting profiles of two key figures in the drama — the captain charged with abandoning ship and the captain who demanded he get back onboard.
For many Italians, the accident has become a metaphor for a country that sees itself mired in economic and moral decline.
Francesco Schettino, the disgraced captain of the 1,000-foot-long floating palace known as the Costa Concordia, is under house arrest on suspicion of multiple manslaughter, shipwreck and abandoning ship.
Originally published on Wed January 18, 2012 12:26 pm
We saw stories earlier this week about a man who was lost for two nights in Mount Rainier National Park over the weekend, but survived in part because he burned the money he was carrying to keep warm as a blizzard blew through the area.
But a critical question wasn't answered until today. — how much money went up in flames?