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NORTHWEST NEWS

Eugene Woman Attacked With Acid for Third Time Since March

A Eugene, Oregon, woman who had acid thrown on her while walking her dog in March has been the target of two additional acid attacks at her home

Minimum Wage Increase Initiative Qualifies in WA City

An initiative to increase the minimum hourly wage in Tukwila, Washington, by more than has qualified for the November ballot.

Sydney McLaughlin Does It Again, Breaks Own World Record

When asked how she was going to celebrated afterward, McLaughlin joked: “Eating some real food besides vegetables. Like a cheeseburger or something, some pancakes.”

Inslee Seeks Abortion Rights Amendment to State Constitution

Gov. Jay Inslee will push for a state constitutional amendment to protect abortion rights within the state, and laws that make it difficult for other states to investigate whether their own residents have visited Washington for abortion care.

NEWS BRIEFS

On View This Weekend: Afro-American Heritage Bicentennial Commemorative Quilt

A History Spotlight from Boyle Family Executive Director Kerry Tymchuk ...

State Continues Paying Out Oregon Emergency Rental Assistance Program Applications to Renters and Landlords Across Oregon

More than 60,000 Oregon households facing pandemic hardship receive over 6 million in rental assistance relief ...

KGW and TEGNA Foundation Award $40k in Community Grants to Aid Four Oregon Nonprofit Organizations

Among the grant recipients are Urban Nature Partners PDX, Self Enhancement, Inc (SEI), Portland YouthBuilders (PYB), and p:ear. ...

Hawthorne, Morrison Bridges Will Close to Motorized Vehicles for July 4 Fireworks Show

The bridges will remain open for bicyclists and pedestrians. ...

Increased Emergency Snap Benefits Continue in July

Approximately 422,000 households will receive an estimated million in extra food benefits ...

Climber rescued after 700-foot fall on Mount Hood

PORTLAND, Ore. (AP) — A Happy Valley man was rescued after a 700-foot fall from the Old Chute area near the summit of Mount Hood, authorities wrote in a news release Sunday. Around 6:30 a.m. Saturday, a 43-year-old man climbing up a popular route up the mountain’s western face...

US testing new fire retardant, critics push other methods

BOISE, Idaho (AP) — U.S. officials are testing a new wildfire retardant after two decades of buying millions of gallons annually from one supplier, but watchdogs say the expensive strategy is overly fixated on aerial attacks at the expense of hiring more fire-line digging ground crews. ...

OPINION

Choice Without Shackles

The constitutional originalists do what they must to keep ignorance viable, to keep us anchored to the certainties of the old days ...

Biden’s Menthol Ban Follows the ‘Racist Law’ Playbook

The ban on menthol threatens to do more harm than good for the Black people these activists purport to want to protect ...

Black Women Will Suffer the Harshest Consequences After the Overturn of Roe

Black women are nearly three times more likely to die during childbirth than white women and are more likely to face maternal health issues. ...

Justice Clarence Thomas and the Conservative Supreme Court Have Fanned the Flames of Racism in America

Former President Donald Trump’s Make America Great Again cry proved an easy between-the-lines moniker, but even that stood as a dog whistle – until now. ...

AFRICAN AMERICANS IN THE NEWS

French soccer tournament celebrates diversity, fights racism

CRETEIL, France (AP) — An amateur soccer tournament in France aimed at celebrating ethnic diversity is attracting talent scouts, sponsors and increasing public attention, by uniting young players from low-income neighborhoods with high-profile names in the sport. The National...

Black Jewish leader works to boost community, inclusiveness

LOS ANGELES (AP) — Nate Looney is a Black man who grew up in Los Angeles, a descendant of enslaved people from generations ago. He’s also an observant, kippah-wearing Jew. But he doesn’t always feel welcome in Jewish spaces — his skin color sometimes elicits questioning...

The long, ongoing debate over ‘All men are created equal’

NEW YORK (AP) — Kevin Jennings is CEO of the Lambda Legal organization, a prominent advocate for LGBTQ rights. He sees his mission in part as fulfilling that hallowed American principle: “All men are created equal.” “Those words say to me, ‘Do better, America.’ And what I...

ENTERTAINMENT

Sonny Barger, figurehead of Hells Angels, dies at 83

LIVERMORE, Calif. (AP) — Sonny Barger, the leather-clad fixture of 1960s counterculture and figurehead of the Hells Angels motorcycle club who was at the notorious Rolling Stones concert at Altamont Speedway, has died. He was 83. Barger's death was announced on his Facebook page...

Review: Austen-era schemes, dreams fill 'Mr. Malcolm's List'

“It is a truth universally acknowledged,” goes one of the more famous opening lines in English literature, “that a single man in possession of a good fortune, must be in want of a wife.” That’s Jane Austen, beginning her 1813 “Pride and Prejudice.” Austen herself has...

Review: Imagine Dragons offer light at the end of the tunnel

“Mercury — Act 2,” Imagine Dragons (Interscope) If you were hiding under your bed after listening to the last album by Imagine Dragons, it's time to come out. The second volume of “Mercury” is upbeat, often Caribbean-spiced and throbbing. It's the sound of a band getting its...

U.S. & WORLD NEWS

US Navy offers cash for tips to seize Mideast drugs, weapons

DUBAI, United Arab Emirates (AP) — The U.S. Navy's Mideast-based 5th Fleet is starting to offer rewards for...

Searchers rescue 4th person from China ship, 12 bodies found

HONG KONG (AP) — Rescue teams searching for missing crew members from a Chinese engineering ship that sank over...

Film reveals Macron’s diplomatic bids amid war in Ukraine

PARIS (AP) — “Vladimir .... tell me what your intentions are.” Four days before President...

How a favela in Rio got its clean water back, for ,300

RIO DE JANEIRO (AP) — Butterflies and waxbills flit through the Enchanted Valley just outside Rio de Janeiro’s...

Germany: 101-year-old appeals conviction in Nazi guard case

BERLIN (AP) — A 101-year-old man who was convicted last week as an accessory to murder for serving as a guard at...

Film reveals Macron’s diplomatic bids amid war in Ukraine

PARIS (AP) — “Vladimir .... tell me what your intentions are.” Four days before President...

Christopher S. Rugaber and Daniel Wagner AP Business Writers

WASHINGTON (AP) -- Just as the U.S. economy is making progress despite Europe's turmoil, here come two new threats.

A congressional panel is supposed to agree by Thanksgiving on a deficit-reduction package of at least $1.2 trillion. If it fails, federal spending would automatically be cut by that amount starting in 2013.

Congress may also let emergency unemployment aid and a Social Security tax cut expire at year's end.

Either outcome could slow growth and spook markets.

Analysts are concerned, but most aren't panicking.

Many say the economy and markets can withstand the blows. That's because Congress or the Federal Reserve could take other steps next year to lift the economy. And investors expect so little from the congressional panel that they're unlikely to overreact whatever it does.

"There's no doomsday scenario in reducing government spending," said David Kelly of JP Morgan Funds.

The 12-member bipartisan panel, or supercommittee, was created in August to defuse a political standoff over raising the federal borrowing limit. If it can't agree on a deficit-reduction plan, automatic spending cuts would hit programs prized by both parties: social services such as Medicare for Democrats, defense for Republicans.

The panel appears to be deadlocked.

Economists say a stalemate makes it harder for Congress to extend the Social Security tax cut and unemployment benefits. On the other hand, if the supercommittee does forge a deal, it might include an extension of those benefits. Or it could at least clear the way for an extension later.

The Social Security tax cut gave most Americans an extra $1,000 to $2,000 this year. Unemployment benefits provide about $300 a week. Most of that money quickly and directly boosts consumer spending, which drives the economy.

By contrast, an expiration of those benefits could cut growth by about three-quarters of a percentage point, economists say. Throw in other cuts, like those passed in the August debt deal, and all told, federal budget policies could subtract 1.7 percentage points from growth in 2012, according to JPMorgan Chase and Moody's Analytics.

Given the tepid economy, such a hit could be damaging.

"It would be very difficult for an economy that's doing well to digest, let alone one that's barely growing at potential," said Ryan Sweet, an economist at Moody's. "That could unwind a lot of the improvement we've seen so far."

The economy grew at an annual rate of 2.5 percent in the July-September quarter. Some analysts fear it could fall below 2 percent next year, especially if the emergency unemployment benefits and Social Security tax cuts aren't renewed.

The U.S. economy faces other threats, too - from persistently high unemployment to Europe's spreading debt crisis, which could hasten a recession.

If the automatic spending cuts take effect, the defense budget could be cut by nearly $500 billion over nine years. Some contractors are nervous.

Wes Bush, CEO of Northrop Grumman, has told analysts that the company is bracing for spending cuts.

"It's certainly going to be a more challenging environment" next year, he said.

Another wild card: Some investors fear that the supercommittee's failure would spark fresh downgrades of U.S. debt. Standard & Poor's downgraded the government's long-term debt in August. That contributed to a stock market plunge. It's possible that a deadlocked supercommittee would lead the two other major rating agencies - Fitch and Moody's - to follow suit.

Yet S&P's downgrade did little to tarnish U.S. debt. Treasury prices rose, and yields fell. Bond investors still saw Treasurys as a super-safe investment. Federal borrowing costs actually declined.

"S&P showed that when a rating agency downgrades the best-known security in the world, it has little impact," Kelly said. The market for U.S. Treasurys is so broad, accessible and transparent that ratings downgrades don't pose much threat, he noted.

Kelly said Wall Street is unlikely to panic given that expectations for the supercommittee "are so low as to be subterranean."

Even so, some traders appear to be positioning for a shock. So-called "defensive" sectors of the stock market, like healthcare companies and utilities, which tend to retain their value in a weak economy, have been outpacing the S&P 500 index as a whole.

In the past month, the economy has shown surprising strength. Reports this week showed that manufacturers are producing more goods and consumers are spending more. The number of people seeking unemployment benefits for the first time is at a seven-month low.

Still, more than once since the recession officially ended more than two years ago, the economy has displayed vigor only to stumble again. High gas and food prices and Japan's earthquake sharply slowed growth in the first half of the year. Congress' debt-ceiling fight sent consumer confidence to recession levels.

Sweet thinks there's a good chance Congress will end up extending the Social Security tax cut. Partly on that assumption, Moody's foresees 2.6 percent growth next year. For this year, analysts generally estimate less than 2 percent growth.

Lawmakers could make other policy changes next year to energize the economy. The tax cuts enacted during the Bush administration, and extended in 2010, are set to expire after 2012. Republicans will push to renew them.

Some of the automatic cuts set to kick in in 2013 could be delayed or altered. That's particularly true if the White House or either chamber of Congress changes sides in 2012.

And some economists say the automatic spending cuts could actually boost confidence a bit: They would reassure the world that the U.S. government can make progress in shrinking its deficit.

Even so, the supercommittee seems likely to fall short of its goal to help reduce the federal debt load.

And there's more pressure to come.

Priya Misra, an analyst at Bank of America Merrill Lynch, estimates that Congress will need to find $2 trillion more in cuts by August 2013 to prevent another credit downgrade.

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Jan. 6 Committe Hearings - Day 6

A suprise hearing with newly discovered evidence will be held Tuesday, June 28 at 9:45 a.m. PT (12:45 p.m. ET).

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