Lots of news, all of it bad
How is America doing today? Let’s take a quick peek around the news cycle and see, shall we?
Dow drops 240 points
The stock market closed today down -242.12 points today, in a spectacular drop against the Yen.
Feds deploy more radiation monitors in western US
SAN FRANCISCO – More radiation monitors are being deployed in the western United States and Pacific territories, as officials seek to mollify public concern over exposure from damaged nuclear plants in Japan, federal environmental regulators said. The U.S. Environmental Protection Agency already monitors radiation throughout the area as part of its RadNet system, which measures levels in air, drinking water, milk and rain.
The additional monitors are being deployed in response to the ongoing nuclear crisis in Japan, where emergency workers are attempting to cool overheated reactors damaged by last week’s magnitude-9.0 earthquake and tsunami. Officials with the U.S. Nuclear Regulatory Commission said they do not expect harmful radiation levels to reach the U.S. from Japan.
“The agency decided out of an abundance of caution to send these deployable monitors in order to get some monitors on the ground closer to Japan,” said Jonathan Edwards, director of EPA’s radiation protection division. California already has 12 monitoring stations scattered throughout the state that test the air for radiation levels. EPA also has 40 so-called “deployable” monitors that can be moved around in cases of emergency.EPA told The Associated Press it is adding two more stations in Hawaii and two in Guam. In Alaska, officials are setting up three new monitors in Dutch Harbor, Nome and Juneau.” source – Yahoo News
U.S. Debt Jumped $72 Billion Same Day U.S. House Voted to Cut Spending $6 Billion
(CNSNews.com) – The national debt jumped by $72 billion on Tuesday even as the Republican-led U.S. House of Representatives passed a continuing resolution to fund the government for just three weeks that will cut $6 billion from government spending. If Congress were to cut $6 billion every three weeks for the next 36 weeks, it would manage to save between now and late November as much money as the Treasury added to the nation’s net debt during just the business hours of Tuesday, March 15.
At the close of business on Monday, according to the Treasury Department’s Bureau of the Public Debt, the total national debt stood at $14.166 trillion ($14,166,030,787,779.80). At the close of business Tuesday, the debt stood at $14.237 trillion ($14,237,952,276,898.69), an increase of $71.9 billion ($71,921,489,118.89). Since the beginning of fiscal year 2011–which began on Oct. 1, 2010–the national debt has climbed from $13.5616 trillion ($13,561,623,030,891.79) to $14.2379 trillion ($14,237,952,276,898.69) an increase of $676.3 billion ($676,329,246,006.90).” source – CNS News