Rare bipartisanship: Congress, president keep government running until October ADVERTISING Rare bipartisanship: Congress, president keep government running until October WASHINGTON — After last fall’s tumultuous, bitterly partisan debt ceiling and government shutdown fights, a sense of fiscal fatigue seems to
Rare bipartisanship: Congress, president keep government running until October
WASHINGTON — After last fall’s tumultuous, bitterly partisan debt ceiling and government shutdown fights, a sense of fiscal fatigue seems to be setting in among many Washington policymakers as President Barack Obama prepares for his fifth State of the Union address later this month.
A declining U.S. budget deficit, still-accommodative Federal Reserve and a small-bore budget deal negotiated last month — given final approval Thursday in Congress and signed by Obama on Friday — are helping to temper partisan rhetoric in the short term as attention in Washington shifts to the approaching midterm elections.
The recovery from the deep recession of 2007-2009 has been one of the slowest in history and still has a way to go, especially in terms of regaining lost jobs. That was driven home by a Labor Department report last Friday that U.S. employers added just 74,000 jobs last month, far fewer than had been forecast and the smallest monthly gain in three years.
The overall jobless rate dropped to 6.7 percent from 7 percent in November, the lowest level since October 2008. Much of the decline came from Americans who stopped looking for jobs and are no longer being counted by the government as unemployed. Meanwhile, a growing number of baby boomers are retiring.
Still, economists are generally predicting a pickup in economic growth in 2014 amid a continued favorable climate of low inflation, falling oil prices, a housing recovery and the Fed sticking to its plan to only slowly pare back the hundreds of billions of dollars in financial stimulus it has pumped into the economy over the past four years.
California governor proclaims state is in
a drought, paves way for federal assistance
LOS ANGELES — California is nearly as dry as it’s ever been. High water marks rim half-full reservoirs. Cities are rationing water. Clerics are praying for rain. Ranchers are selling cattle, and farmers are fallowing fields.
Gov. Jerry Brown formally proclaimed a drought Friday, saying California is in the midst of perhaps its worst dry spell in a century. He made the announcement in San Francisco amid increasing pressure from lawmakers and as firefighters battled flare-ups in a Southern California wildfire that chased thousands of people from their homes.
Unless the state gets significant rainfall in the next two months, television sets glowing with wildfires could play like reruns throughout the year.
Reservoir levels in the north and central parts of the state were more depleted than in Southern California, but Brown still asked Los Angeles to do its part to conserve — and gave a nod to the politics of water in the vast state.
Syria proposes
cease-fire in Aleppo, prisoner exchange before peace talks
BEIRUT — Syria’s government Friday proposed a cease-fire in the embattled city of Aleppo and a prisoner exchange with the opposition, a move that appeared aimed at presenting President Bashar Assad as a responsible partner less than a week before an international peace conference.
Assad’s opponents were skeptical about the offer, which was floated by Syrian Foreign Minister Walid al-Moallem during a visit to Moscow. A member of the main Western-backed opposition dismissed the government overture as “last-minute maneuvering” to please Damascus’ Russian allies, while a rebel commander in Aleppo described such a truce in the civil war as nearly impossible.
The opposition Syrian National Coalition has yet to decide whether it will attend the peace talks scheduled to open Wednesday in the Swiss city of Montreux. Members of the coalition gathered Friday in Istanbul to vote on the group’s participation, but the start of the meeting was delayed for at least 10 hours after dozens of representatives refused to show up.
By wire sources
The coalition is under immense pressure from its Western and Arab sponsors to go to Geneva. Many members, however, are hesitant to sign onto a conference that has little chance of success and will burn the last shred of credibility the group has with rebels on the ground, who reject the talks.
Haitham al-Maleh, a senior member of the coalition, said it was inclined to vote in favor of participating in the talks, but that the Assad regime “has to leave.”
By wire sources
