Source: http://www.thehollywoodgossip.com/2013/02/donald-trump-photo-bombed-by-tyler-the-creator/
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Despite the hoopla, shutdown won't happen
It may not be readily obvious from the blizzard of news out there today on the "sequester," but a government shutdown became significantly less likely today, even as the automatic budget cuts barreled ahead toward reality.
What happened? Both sides - Republicans and Democrats - basically seem to have agreed that as they will continue to fight out the $85 billion in automatic budget cuts starting to take effect today, they will not allow that disagreement to jeopardize full funding for the federal government. That funding is now scheduled to expire March 27.
After the White House meeting this morning, House Speaker John Boehner said he would have the House vote next week to fund the full government - what's known as a "continuing resolution."
Boehner: "I did lay out that the House is going to move a continuing resolution next week to fund the government past March 27th, and I'm hopeful that we won't have to deal with the threat of a government shutdown while we're dealing with the sequester at the same time. The House will act next week, and I hope the Senate will follow suit."
Boehner's office provided this read-out of the meeting: "The president and leaders agreed legislation should be enacted this month to prevent a government shutdown while we continue to work on a solution to replace the president's sequester."
The president was asked at his mini-news conference whether he would definitely sign such a bill, even if it keeps government going at the new, lower spending levels as this fight is resolved (or not).
Obama's response: "With respect to the budget and keeping the government open - I'll try for our viewing audience to make sure that we're not talking in Washington gobbledygook. What's called the continuing resolution, which is essentially just an extension of last year's budget into this year's budget to make sure that basic government functions continue, I think it's the right thing to do to make sure that we don't have a government shutdown. And that's preventable."
So even as we moved toward the brink of sequester, the nation's leaders took a step back from another, much larger cliff.
Also ReadSource: http://news.yahoo.com/sequester-government-shutdown-looks-unlikely-211805386--abc-news-politics.html
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With 1M Users And $50M In Transactions, LevelUp Launches Its First API & SDK, ?A Starter Kit For Mobile Payments?
In spite of the fact that we now use smartphones to do just about everything, a winner has yet to emerge in the mobile payments space. Unlike mobile photo and video, consumers have yet to get fully comfortable with the idea of turning their phone into a mobile wallet. However, considering that just about every carrier, credit card company and software giant (like Google) is in the process of developing its own mobile wallet, it seems to be a matter of when, not if.Source: http://feedproxy.google.com/~r/Techcrunch/~3/oS9wJup5qSI/
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Video: Remains of Korean War Soldier returned home
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Source: http://video.msnbc.msn.com/nightly-news/50980260/
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Losttime Illustration and Design: Puzzle Communications Logo
This is a logo I have just completed for a new marketing and communications agency ?in Buckinghamshire (www.puzzle-communications.com)
The client came to me with the name 'Puzzle', maybe use puzzle?pieces?and to use purple as the lead brand colour but apart from that it was a pretty open brief.
First stage designs in mono
Chosen routes developed further and colour added
The final Puzzle Communications logo
Source: http://losttimedesign.blogspot.com/2013/02/puzzle-communications-logo.html
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Cuts imminent, Senate rejects stopgap efforts
House Speaker John Boehner, R-Ohio, pauses while meeting with reporters during a news conference on Capitol Hill in Washington, Thursday, Feb. 28, 2013, to answer questions about the impending automatic spending cuts that take effect March 1. (AP Photo/J. Scott Applewhite)
House Speaker John Boehner, R-Ohio, pauses while meeting with reporters during a news conference on Capitol Hill in Washington, Thursday, Feb. 28, 2013, to answer questions about the impending automatic spending cuts that take effect March 1. (AP Photo/J. Scott Applewhite)
Chart shows U.S. federal budget breakdown
Senate Majority Leader Harry Reid of Nev., right, accompanied by Sen. Charles Schumer, D-N.Y., faces reporters on Capitol Hill in Washington, Thursday, Feb. 28, 2013, to talk about the impending automatic spending cuts that take effect March 1. (AP Photo/J. Scott Applewhite)
FILE - In a Tuesday, Feb. 26, 2013 file photo, Speaker of the House John Boehner, R-Ohio, and GOP leaders meet with reporters to challenge President Obama and the Senate to avoid the automatic spending cuts set to take effect in four days, on Capitol Hill in Washington. As economic policy goes, experts say, the automatic spending cuts that kick in Friday, March 1, are a bad idea. From left to right are Rep. Lynn Jenkins, R-Kan., Rep. Cathy McMorris Rodgers, R-Wash., Speaker of the House John Boehner, R-Ohio, and House Majority Leader Eric Cantor, R-Va. (AP Photo/J. Scott Applewhite, File)
House Minority Leader Nancy Pelosi of Calif., joined by House Democratic women, gestures during a news conference on Capitol Hill in Washington, Thursday, Feb. 28, 2013, to talk about the impending automatic spending cuts that take effect March 1. (AP Photo/J. Scott Applewhite)
WASHINGTON (AP) ? Squabbling away the hours, the Senate swatted aside last-ditch plans to block $85 billion in broad-based federal spending reductions Thursday as President Barack Obama and Republicans blamed each other for the latest outbreak of gridlock and the administration readied plans to put the cuts into effect.
So entrenched were the two parties that the Senate chaplain, Barry Black, opened the day's session with a prayer that beseeched a higher power to intervene.
"Rise up, O God, and save us from ourselves," he said of cuts due to take effect sometime on Friday.
The immediate impact of the reductions on the public was uncertain, and the administration pulled back on its earlier warnings of long lines developing quickly at airports and teacher layoffs affecting classrooms.
On the Senate floor, a Republican proposal requiring Obama to propose alternative cuts that would cause less disruption in essential government services fell to overwhelming Democratic opposition, 62-38.
Moments later, a Democratic alternative to spread the cuts over a decade and replace half with higher taxes on millionaires and corporations won a bare majority, 51-49, but that was well shy of the 60 needed to advance. Republicans opposed it without exception.
In a written statement after the votes, Obama lambasted Republicans. "They voted to let the entire burden of deficit reduction fall squarely on the middle class," he said.
He noted that he would meet with congressional leaders from both parties at the White House on Friday, but no one is expecting action before the cuts begin taking effect. Obama said, 'We can build on the over $2.5 trillion in deficit reduction we've already achieved, but doing so will require Republicans to compromise. That's how our democracy works, and that's what the American people deserve."
Said House Speaker John Boehner, the top Republican in Congress: "Obama and Senate Democrats are demanding more tax hikes to fuel more 'stimulus' spending."
Though furloughs are a fear for some, especially certain federal workers, there is little sign of business worry, let alone panic in the nation. Stocks declined slightly for the day after trading near record highs. And unlike the "fiscal cliff" showdown of two months ago, there are no deadlines for action to prevent tax increases from hitting nearly every American.
Still, there was talk of crisis.
"We have the opportunity to avoid the kind of calamity and disaster that is being threatened and is completely unnecessary," said Sen. Pat Toomey of Pennsylvania, who co-authored the Republican proposal.
"The question is, are we going to achieve these savings through badly designed spending cuts that make no attempt whatever to distinguish between more sensible government spending and less sensible spending?"
Sen. Patty Murray of Washington said that was precisely what Democrats had tried to do by proposing the deferral of Pentagon cuts until U.S. combat troops have come home from Afghanistan in two years' time.
At the same time, she said the Democrats had reasonably proposed replacing half of the pending cuts with higher taxes on "the wealthiest Americans and biggest corporations."
In fact, the Democratic measure also included small increases for a variety of small programs such as biodiesel education, assistance for biomass crops and certification of organic foods.
Boehner and House Republicans show no hurry to alter the cuts, contending they provide leverage with Obama in their demand for savings from government benefit programs. Yet they are expected to launch legislation next week to replenish government coffers after current funding expires on March 27, and that measure could become a magnet for new attempts to change Friday's "sequester."
Already, some Republicans held out hope the current struggle might lead to talks on completing work on the final piece of a deficit reduction package that has been more than two agonizing years in the making.
"The objective here ought to be not just to deal with sequester but to deal with the underlying spending problems, which require tax reform" as well as reform of benefit programs like Medicare, Medicaid and Social Security," said Sen. Rob Portman, R-Ohio.
Democratic senators emerged from a lunch with Transportation Secretary Ray LaHood and top Pentagon officials and said the current cuts could not be allowed to stand.
Sen. Chris Murphy, D-Conn., said the session had confirmed to him that as currently constituted, the cuts were 'a really, really dumb idea."
In a cycle of crisis followed by compromise over the past two years, Obama and congressional Republicans have agreed to more than $3.6 trillion in long-term deficit savings over a decade.
None of the savings to date has come from the big benefit programs that lawmakers in both parties say must be tackled if the country is to gain control over its finances. Each party fears the political fallout of confronting them on their own, but Democrats, in particular, are reluctant to scale back programs that they count as their political birthright.
Their rival speeches on the Senate floor weren't the first time that Toomey and Murray disagreed on economic issues.
Both served on a so-called congressional Supercommittee in 2011 that was charged with producing at least $1.2 trillion in savings over a decade.
The panel deadlocked, automatically triggering the across-the-board cuts that now are imminent.
As constituted, the cuts would total $85 billion through the end of the current budget year ? Sept. 30 ? half each from defense and non-defense programs. Large parts of the budget are off-limits, including programs for veterans, Social Security and Medicare benefits.
The Republican alternative would have required Obama to propose an alternative that relied exclusively on spending cuts, ruled out tax increases and limited what he could take from Pentagon accounts.
The Democratic measure would have canceled the $85 billion in cuts, and replaced them with a combination of tax increases and cuts to defense and farm programs that would phase in over a decade. Deficits would have risen by more $42 billion in the first year and $38 billion over the two following years before gradually beginning to decline.
While the White House has issued a steady stream of severe warnings about the impact of across-the-board cuts, the president said Wednesday night, "This is not a cliff, but it is a tumble downward. It's conceivable that in the first week, the first two weeks, the first three weeks, the first month ... a lot of people may not notice the full impact of the sequester."
___
Associated Press writers Jim Kuhnhenn, Laurie Kellman and Donna Cassata contributed to this story.
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SpaceX cleared for cargo run to space station
CAPE CANAVERAL, Fla. March 1 - A rocket built by Space Exploration Technologies was poised for launch on Friday to deliver a capsule filled with food, supplies and science experiments to the International Space Station.
Liftoff of the Falcon 9 rocket carrying a Dragon capsule from the company's leased launch pad at Cape Canaveral Air Force Station, just south of NASA's Kennedy Space Center in Florida, was set for 10:10 a.m. EST/1510 GMT Friday.
Meteorologists predicted an 80 percent chance of good weather for the launch.
The cargo run will be the second of 12 missions for privately owned Space Exploration Technologies, or SpaceX as the company is known, under a $1.6 billion NASA contract.
Following a successful test flight to the space station in May 2012, SpaceX conducted its first supply run to the orbital outpost in October. A second space freighter, built by Orbital Sciences Corp., is expected to debut this year.
NASA turned to private companies to ferry supplies to the Space Station, a $100 billion project of 15 nations, following the retirement of its shuttle fleet in 2011.
Staffed by rotating crews of six, the orbiting laboratory flies about 250 miles above the Earth.
With the shuttles grounded, NASA plans to hire private firms to fly astronauts as well as cargo, breaking Russia's monopoly on crew transport that costs more than $60 million per trip.
Mandatory government spending cuts set to go into effect Friday do not impact space station operations or supply runs, said NASA's space station program manager Mike Suffredini.
The cutbacks, however, implemented under the so-called "sequestration" initiative, will slow development of privately owned space taxis.
NASA currently has partnership agreements worth more than $1.1 billion through May 2014 with SpaceX, Boeing Co. and privately owned Sierra Nevada Corp. to develop passenger spacecraft.
Under the expected budget cuts, NASA would effectively halt space taxi development work this summer.
"Overall availability of commercial crew transportation services would be significantly delayed, thereby extending our reliance on foreign providers for crew transportation to the International Space Station," NASA administration Charles Bolden wrote in a letter last month to Senate Appropriations Committee chairwoman Barbara Mikulski.
Under sequestration, NASA expects its $17.8 billion budget to drop to $16.9 billion, Bolden said.
(Editing by Todd Eastham)
Source: http://news.yahoo.com/spacex-cleared-cargo-run-space-station-051859872--finance.html
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