This is what the U.S. government imagines would happen if terrorists set off a nuclear bomb just blocks away from the White House: The explosion would destroy everything in every direction within one-half mile. An intense flash would blind drivers on the Beltway miles away. A radioactive cloud would drift toward Baltimore.
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Gov’t report: DC nuke blast wouldn’t destroy city
A coordinated attack by Democrats on Mitt Romney’s plan to “get rid of” Planned Parenthood to help balance the federal budget is part of a larger campaign to ensure that Romney and other Republicans lose credibility with female voters.
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Democrats ride Romney’s Planned Parenthood remark
AP – Federal workers were $15 billion losers as Congress looked for ways to pay for parts of the just-passed legislation to extend the payroll tax cut and federal unemployment benefits through the end of the year.
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Congress targets federal workers for savings
(AP)
AP – Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices. Three months later, Bernanke had begun to grasp that he and others had underestimated the risk housing posed to the economy.
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Documents show how Fed missed housing bust
(AP)
Reuters – The Federal Reserve is prepared to take further steps to help an economy that is “close to faltering,” Fed chairman Ben Bernanke said on Tuesday in his bleakest assessment yet of the fragile U.S. recovery.
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U.S. "close to faltering," Fed ready to act: Bernanke
(Reuters)
AP – Across the street from the Federal Reserve Bank of Kansas City, a foreboding tower of shipping containers glowers at the building spelling out an in-your-face message: “IOU.”
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Kansas City public art project takes on debt
(AP)
AP – Federal health officials said Wednesday more illnesses and possibly more deaths may be linked to an outbreak of listeria in cantaloupe in coming weeks.
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Cantaloupe illnesses and deaths expected to rise
(AP)
Reuters – The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering U.S. recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.
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Fed looks set to ease policy as U.S. outlook dims
(Reuters)
Reuters – Federal Reserve Chairman Ben Bernanke on Friday stopped short of detailing further action to boost the U.S. recovery but said the central bank would consider what more it could do to fight high unemployment, giving some comfort to investors.
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Bernanke quiet on next Fed move, stresses job crisis
(Reuters)
AP – If the U.S. economic slowdown weren’t enough to deal with, the Federal Reserve this week must consider a new threat: a resurgent European debt crisis that could imperil the global economy.
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Europe debt crisis shadows Fed meeting on economy (AP)