House to vote on stopgap funding bill
The GOP-controlled House is cruising toward a vote to gut President Barack Obama’s health care plan as part of a temporary funding bill to prevent a partial government shutdown on Oct. 1.
While raising the possibility of a government closure, the latest GOP plan is actually aimed at avoiding one. GOP leaders are looking to shift the fight over health care to even more important legislation required to prevent the government from defaulting on its financial obligations.
JP Morgan hit with $920 million in London Whale case
Federal regulators hit JP Morgan with one of the largest fines ever against a financial firm.
Tourists evacuating Mexico after flooding
USA Today reports that tourists are being evacuated from flood-ravaged Acapulco, in the wake of devastating twin storms that have caused more than 80 casualties and left thousands stranded.
Obama convening export panel at White House
President Barack Obama is convening his advisory council on international trade as the U.S. pursues an aggressive goal to double its exports.
Obama will meet with the President’s Export Council on the White House grounds Thursday. It’s the first meeting to include new members added to the council from the pharmaceutical, defense and hospitality industries.
House to vote on cutting back food stamps
The House is poised to vote on cutting nearly $4 billion a year from food stamp assistance, now used by 1 in 7 Americans.
House Republican leaders were still working for support as they scheduled a vote on the measure for Thursday. Some GOP moderates questioned the 5 percent cut to the almost $80 billion-a-year program as Democrats united strongly against it.
Navy Yard reopens
The Washington Navy Yard reopened for normal operations Thursday with returning employees saying they still felt unsettled about the shooting there earlier this week in which a gunman killed 12 people.
Roadside bomb strikes bus in Syria
A Syrian official has reported that a roadside bomb struck a bus in central province, killing 19 people.
Colorado Floods: property losses estimated at $2 billion
— Gulf Spill: A federal judge set to decide Thursday on Halliburton Energy Services plea deal that includes a $200,000 fine for destroying evidence.