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Susan Smith-Harmon

Susan Smith-Harmon

Obama signs bill to avert default, open government

Wednesday, 16 October 2013 23:41 Published in National News

   WASHINGTON (AP) — President Barack Obama has signed a measure into law reopening the federal government and averting a potential default.

   The White House says Obama signed the bill early Thursday, hours after the House gave final approval.

   The White House budget office has already instructed federal workers to plan to return to work Thursday morning.

   The measure restores funding for the government through Jan. 15 and extends the nation's borrowing authority through Feb. 7.

   The partial government shutdown started Oct. 1. The U.S. was to reach its debt limit Thursday if no deal was reached.

   As the deal neared final passage in the House Wednesday, Obama said it was now time for leaders in Washington to win back the trust of Americans that was lost during the debt-and-spending crisis.

Court: Anti-Missouri Tigers license plate OK

Wednesday, 16 October 2013 03:33 Published in Local News

   JEFFERSON CITY, Mo. (AP) - A state appeals court says a Missouri man who roots for the University of Kansas Jayhawks may keep his personalized license plate expressing disdain for the University of Missouri Tigers.

   The Administrative Hearing Commission last year rejected an effort by Missouri's Revenue Department to recall Toby Gettler's plate, which reads "MZU SUX." The Revenue Department had issued the plate, but tried to recall it on the ground that "SUX" is obscene.

   Gettler presented evidence, including a dictionary definition, that the word has gained common usage as slang for "subpar or inadequate."

   The Missouri Court of Appeals' Western District upheld the hearing commission's decision in Gettler's favor. The appellate court said there is evidence to support the commission's determination.

 

Illinois Treasurer monitoring fed debt ceiling debate

Wednesday, 16 October 2013 03:07 Published in Local News

   SPRINGFIELD, Ill. (AP) - Illinois' treasurer says he's monitoring the debt ceiling showdown in Washington and the impact it could have on the state's finances.

   Members of Congress continued late Tuesday to search for deal that would allow raising the country's cap to borrow more money in order to pay its bills. The government has been partially shut down for more than two weeks as Democrats and Republicans haggle over spending.

   Dan Rutherford's office says it utilizes U.S. Treasury securities as an important investment tool for the state's portfolios. The state holds $1.2 billion in U.S. Treasury bills that will mature over the next month.

   Rutherford says planning ahead for a possible short-term default will allow the state to meet its payments on bonds and interest on a short-term basis.

   

 

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