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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
Lady Antebellum, Miranda Lambert at country fest
May 24, 2013 18:26 GMT
By CHEVEL JOHNSON Associated Press
NEW ORLEANS (AP) -- The sounds of country music take over the City of Baton Rouge as the Bayou Country Superfest brings some of the genre's biggest names to LSU's Tiger Stadium for a Memorial Day holiday jamfest.
Headlining Saturday are Lady Antebellum, Miranda Lambert, Darius Rucker and Aaron Lewis, the former frontman for rock band Staind. The two-day festival concludes Sunday with performances by Zac Brown Band, Luke Bryan and The Band Perry.
Festival producer Quint Davis says the talent and free fan fest held before the nightly concerts help to entice attendees. In its fourth year, the festival drew 75,000 people last year.
Visit Baton Rouge executive vice president Renee Areng says Superfest has encouraged people to travel to Baton Rouge on a traditionally sleepy weekend.
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.
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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.