Harry Reid on Hiking Debt Limit to $18.794T: ‘We’ll Raise It’ | CNSNews.com

CNSNews.com) – Senate Majority Leader Harry Reid (D-Nev.) said on Wednesday that if the $16.394 trillion current legal limit on the federal government\’s debt must be raised in the next few months by another $2.4 trillion, \”We’ll raise it.\”

That would set the debt limit at $18.794 trillion.

During a Capitol Hill press conference on Wednesday, CNSNews.com asked: \”Senator Reid, the Treasury Department said last week that we will hit the debt ceiling again near the end of the year. Are you prepared—will you support—\”

\”I think the debt ceiling will come after the first of the year,\” Reid said. \”But please everyone accept this: They tried it before—they, the Republicans.\”

\”They tried it before – ‘We’re going to shut down the government, and we’re not going to raise the debt ceiling,’\” he said. \”If they want to go through that again, fine.\”

\”But we’re not going to be held subject to something that was done as a matter of fact in all previous administrations,\” Reid said.

CNSNews.com then asked, \”But will you support raising it by another $2.4 trillion?\”

\”If it has to be raised, we’ll raise it,\” he said.

via cnsnews.com

BY ELIZABETH HARRINGTON

\"Enhanced

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McGlinchey Places 2nd at Mid-Atlantic Regional; La Salle Finishes 6th

UNIVERSITY PARK, Pa. – Meghan McGlinchey continued her stellar fall on Friday, placing second (215 runners) at the Mid-Atlantic Cross Country Championships with a time of 20:23 (6K). As a team, the Explorer women finished sixth in the 31-team field, and sported three top-20 finishes on the day.

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Daza Earns Player of the Year | cnbnews

 

 Men’s Soccer Nets Seven First-Team All-Empire 8 Selections

ROCHESTER, N.Y. (November 9, 2012) – The No. 5 Stevens Institute of Technology men’s soccer team was well-represented as the Empire 8 announced its all-conference team on Friday. Senior Victor Daza (North Plainfield, N.J.) was named the Empire 8 Player of the Year and a remarkable total of 10 Ducks earned postseason honors from the league.

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Gloucester County Receives Grant for Compressed Natural Gas Vehicles | cnbnews

 

 

The $160,000 award will purchase two vans for transporting senior citizens

 

(Clayton, NJ) – The Delaware River Valley Planning Commission (DVRPC) has awarded Gloucester County $160,000 in funds to purchase two Compressed Natural Gas (CNG) vehicles to be used for the Senior Transportation Program. Freeholder Director Robert M. Damminger and Freeholder Heather Simmons announced the grant today as part of the county’s ongoing effort to introduce alternative-fueled vehicles into the county’s fleet.

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Fireplaces and Inserts Recalled by Monessen Hearth Systems Due to Risk of Fire

 

November 9, 2012

WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

Name of Product: Signature Command™ (electronically) Controlled Direct and B-Vent Gas Fireplaces and Inserts

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Gloucester City Unofficial Election Returns; City Democrats Remain in Control…Llewellyn, Johnson and Ziegler Win Board Seats | cnbnews

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How Many Companies Announced Closings or Layoffs Since Obama Won A Second Term? | TheBlaze.com

Do elections have consequences? If you have been paying attention to the financial markets, you might think so. Wall Street has had two horrible days since President Obama won a second term.

However, stock prices are not the only thing taking a hit. It appears that the job market is also suffering. In the last 48 hours, the following major corporations have announced layoffs in America (links take you to news stories about the layoffs – with details from the companies):

Energizer –

The St. Louis-based company said Thursday that it expects to shed about 1,500 employees. When finished, the restructuring should lead to $200 million in pretax yearly savings, Energizer said. It aims to have most of its restructuring steps finished by the end of September 2014.

 

• Exide Technologies –

Exide Technologies announced Thursday that it will be idling its lead-recycling operations in Laureldale and laying off 150 workers, effective no later than March 31.

 

Westinghouse –

Westinghouse Anniston, the contractor responsible for shutting down Anniston’s chemical weapons incinerator, has reduced its workforce by another 50 employees.

 

Research in Motion Limited –

Research in Motion Ltd., the maker of BlackBerry smartphones, laid off about 200 people at its U.S. headquarters in Irving on Wednesday, according to a source close to the company who did not want to be named.

MORE LISTED READ ON via www.theblaze.com

LINK SUBMITTED BY JOHN B. 

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\"Enhanced

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