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Senate Minority Leader Mitch McConnell, R-Ky.

S&P Warns of U.S. Downgrade, if no Debt Deal Is Reached

Credit ratings agency S&P Friday, like Moody's Thursday, warned that the U.S.'s credit rating could be downgraded, if an agreement on raising the debt ceiling is not reached soon. Meanwhile, the Reid/McConnell 'last chance' debt deal plan appeared to gain momentum Thursday, raising hope that a debt deal agreement will be reached soon.
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Ron Paul Hits Airwaves with New Ads

Iowa and New Hampshire will be the first lucky states to hear Ron Paul issue his stern warning against raising the federal debt limit, as his new ad hits the airwaves in the early-voting states.
Casey Anthony

Casey Anthony Fans Send Money to Her Jail Account

Casey Anthony fans have been sending money to her jailhouse account to help her buy snacks, makeup and other items. Records from the Orange County Correction Department show that 17 people have sent money orders to the account since May, ABC News reports.
Tiananmen Square in Beijing

China Urges U.S. to Act Responsibly on Debt Ceiling

China Thursday called on the United States to adopt responsible policies and measures to guarantee the interests of investors -- a communique that highlights the rising concern about a possible U.S. Government default. Meanwhile, modest debt talk progress was noted on Day 5, with bipartisan agreement on at least $1.5 trillion in spending cuts over 10 years.
Bush

Poll: Voters Blame Bush More Than Obama for Economy

American voters believe former President George W. Bush is primarily responsible, not President Barack Obama, for the U.S. economy's poor condition, a poll released Thursday indicated. What's more, 48 percent of those polled said they would blame the Republicans if the debt ceiling is not raised, while 34 percent would blame the Democrats.
bin Laden

Terrorists Use Facebook to Launch Cyber-jihad

The al-Qaida is launching a ‘cyber jihad’ on the West and there have been increasing attempts by terrorists to ‘invade’ Facebook and other social networking sites for propaganda and to organize attacks.

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