Originally published on Wed December 19, 2012 9:22 am
Making the case that the "Plan B" proposed by House Republicans to keep the federal government from going over the so-called fiscal cliff at the end of the year "does not meet the test of balance," the White House announced this morning that President Obama would veto such legislation if it came to his desk.
Originally published on Wed December 19, 2012 11:26 am
Robert Bork, who was at the center of Senate hearings that "marked the modern battle lines over judicial nominations," as NPR's Nina Totenberg has said, is dead, according to The New York Times, Fox News and The Associated Press.
Swiss banking giant UBS AG has agreed to pay $1.5 billion in fines to regulators in the U.S., Britain and Switzerland for its part in a scheme to manipulate the London interbank offered rate (LIBOR), which is used to set rates on contracts around the world.