January 24, 2013 |
WASHINGTON - Forget about raising the federal debt limit. House Republicans are proposing to ignore it altogether - at least until May 18. The House plans to vote Wednesday on a measure that would leave the $16.4 trillion borrowing limit intact but suspend it from the time the bill passes until mid-May. The declaration that the debt ceiling "shall not apply" means that the government could continue borrowing to cover its obligations to creditors until May 18. This approach - novel in modern times - would let Republicans avoid a potentially disastrous fight over the debt limit without actually voting to let the Treasury borrow more money.
January 4, 2013 |
WASHINGTON - Only hours after Congress adopted a bill to avoid the fiscal cliff of tax increases and spending cuts, lawmakers Wednesday began to clash over the limit on federal borrowing, inaugurating the next phase of Washington's permanent fiscal war. Republicans said they would press their demand that spending be reduced dramatically in exchange for allowing any more U.S. borrowing. President Obama and top Democrats insisted that their goal of raising the $16.4 trillion federal debt ceiling was nonnegotiable.
December 21, 2012
When U.S. Sen. Pat Toomey took office just under two years ago, movement conservatives were elated. In Toomey, they had a true believer; a rigid fiscal conservative who was articulating tea-party positions a full decade before the tea party even came along. But a funny thing happened once Toomey arrived in Washington. He became a Republican that Democrats could work with. Toomey supported the repeal of "Don't Ask, Don't Tell. " He co-wrote three job-creating bills with Democrats, and got them enacted.
December 11, 2012
A WASHINGTON POST -Pew Research poll last week said that, if the fiscal cliff talks "fail," Americans will blame Republicans in Congress (53 percent) more than they will President Obama (27 percent). Makes sense: Obama won the election. But, do elections matter any more? Remember, we would not be looking at a "fiscal cliff" right now if it weren't for the gravely irresponsible, and highly undemocratic, fight over raising the debt ceiling that Republicans provoked in 2011. That was supposed to be a vote to pay the bill for government spending already authorized, something past Congresses had done routinely.
November 21, 2012 |
WASHINGTON - Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year. Without a deal, the measures known as the "fiscal cliff" will take effect in January. Bernanke also said that Congress must raise the federal debt limit to prevent the government from defaulting on the Treasury's debt. Failure to do so would impose heavy costs on the economy, he said, adding that Congress also needs to reduce the federal debt over the long run to ensure economic growth and stability.
September 22, 2012 |
Question: Is it worthwhile to add a dehumidifier to an existing heating system? If so, approximately how much would it cost? I have a gas-fired furnace and central air. Answer: Our house in the winter is not damp but dry, and I shut down the basement dehumidifier from November to April because it is unnecessary and expensive to run, although I've never broken down the electric bill to determine costs. Because the house is so dry, the gas furnace has a humidifier that adds moisture once the relative humidity falls below 30 percent (comfortable is considered in the 30 percent to 50 percent range)
July 31, 2012
The concrete ceiling of an overhead pedestrian bridge at the King of Prussia Mall partially collapsed Sunday afternoon, causing minor injuries to a woman who was having lunch outside the Piazza DiGiorgio cafe, according to Upper Merion Township police. Police said a 12-foot-by-15-foot piece of concrete came loose shortly after 3 p.m. and fell to the ground. It landed next to the woman, and debris struck her on the head, police said. The other end of the concrete slab was still attached to the structure, just above the entrance to the Court at King of Prussia, police said.
January 30, 2012 |
College students are often told the sky is the limit to what they can do. For 144 industrial-design students at Philadelphia University, that limit was quite a bit lower as they spent a week reimagining the humble ceiling. In particular, teams of four or five students competed to fashion new designs using materials supplied by Armstrong World Industries Inc. , the $2.8 billion global maker of flooring, cabinets, and ceiling products. Between Jan. 17 and 24, the university held its 10th annual Sprint challenge, which simulates "real-world" constraints of limited time and budgets, said the competition's coordinator, Michael Leonard, an associate professor of industrial design.
November 7, 2011 |
Armstrong World Industries, of Lancaster, said it acquired a Montreal-based maker of specialty metal ceilings for an undisclosed price. Armstrong said it purchased Simplex Ceilings as part of its strategy to widen its global leadership and manufacturing presence in targeted markets. Simplex is a 40-employee firm with annual sales of $10 million, according to Armstrong. Adding Simplex "expands our technical capabilities, broadens our extensive specialty ceilings portfolio and improves our service and lead times for customers in North America," Armstrong's Mike Shirk said.
September 23, 2011 |
Question: My parents have lived in their house for 48 years. The house is about 54 years old. They have always used good-quality paint. About three years ago the ceiling began to peel. When a representative from the paint company came to inspect the situation he said it was the plaster on the ceiling and not the paint. They have delayed painting because the ceilings continue to peel. What might be the cause and what do you suggest they do? Seems like too long a time for this to happen.