New study warns of U.S. long-term debt problems
By ANDREW TAYLOR Associated Press on Sep 17, 2013, at 9:20 AM
US & World
A federal judge on Tuesday ordered a new trial for five former New Orleans police officers convicted of civil rights violations stemming from deadly shootings on a bridge after Hurricane Katrina, concluding the case had been tainted by "grotesque prosecutorial misconduct."
A month before he went on the rampage that left 13 dead, Washington Navy Yard gunman Aaron Alexis complained to police in Rhode Island that people were talking to him through the walls and ceilings of his hotel rooms and sending microwave vibrations into his body to deprive him of sleep.
WASHINGTON — A new government study said federal health care and retirement programs are threatening to overwhelm the federal budget and harm the economy in coming decades unless Washington finds the political will to restrain their growth.
The Congressional Budget Office report said government spending on health care and Social Security would double, relative to the size of the economy, in 25 years and that spending on other programs like defense, transportation and education would decline to its smallest level by the same measure since the Great Depression.
The report is one of a series by the agency and other budget watchdogs warning that spiraling long-term debt threatens to crowd out private investment, raise interest rates and limit Washington's ability to respond to a financial crisis.
US & World
A federal judge on Tuesday ordered a new trial for five former New Orleans police officers convicted of civil rights violations stemming from deadly shootings on a bridge after Hurricane Katrina, concluding the case had been tainted by "grotesque prosecutorial misconduct."
A month before he went on the rampage that left 13 dead, Washington Navy Yard gunman Aaron Alexis complained to police in Rhode Island that people were talking to him through the walls and ceilings of his hotel rooms and sending microwave vibrations into his body to deprive him of sleep.
