State of the Union Early Bird for May 15, 2011
May 15th, 2011
05:03 AM ET
4 years ago

State of the Union Early Bird for May 15, 2011

(CNN)-It's early, and State of the Union is bringing you the best of the morning headlines to go with your cup of coffee.

On the radar today:  The latest in debt negotiations, Pakistan, and the 2012 presidential field.

Check out what we're reading, and watch the show at 9am/12pm ET with Senate Minority Leader Mitch McConnell and House Budget Committee Chairman Paul Ryan.

DEBT NEGOTIATIONS

Dire warnings on debt limit hark back to Reagan

In a November 1983  letter to then-Senate Majority Leader Howard H. Baker Jr. (R-Tenn.), Reagan warned that without a higher debt ceiling, the country could be forced to default for the first time in its history.

Reagan wrote: “The full consequences of a default – or even the serious prospect of default – by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar.”

Geithner warns of new recession without debt rise

"A default would inflict catastrophic, far-reaching damage on our nation's economy, significantly reducing growth and increasing unemployment," Geithner said in a letter, dated Friday, to Democratic Senator Michael Bennet.

Federal worker pensions emerge as target in debt-reduction talks

PAKISTAN

Florida Men Accused of Aiding Pakistani Taliban

Six people, including two imams at South Florida mosques, have been indicted on federal charges of providing financial support and encouraging violence by the Pakistani Taliban, the United States attorney here announced Saturday.

The charges of supporting the Pakistani Taliban but not actually carrying out operations are the most common types of terrorism prosecutions that American authorities have pursued since the Sept. 11 attacks. Of the 50 top terrorism cases since 9/11, about 70 percent have involved financing or other support to terrorist groups, according to the Center on Law and Security at the New York University School of Law.

Pakistan condemns Bin Laden raid, threatens reprisals for drone strikes

At a marathon closed-door session, Pakistan's  parliament Saturday joined the country's intelligence chief in strongly condemning the U.S. raid that killed Osama bin Laden. The lawmakers also threatened to prohibit NATO  from ferrying military supplies into Afghanistan  if Washington continued its campaign of drone strikes against militants.

SYRIA

Obama’s inexcusable indecision on Syria

If ever a government deserved America’s contempt and condemnation, the Syrian government does. If ever a popular uprising deserved American encouragement, the Syrian uprising does. Yet the Obama administration, which (eventually) pressed Egypt’s Hosni Mubarak to resign and (belatedly) condemned Moammar Khadafy’s violent onslaught against protesters in Libya, remains indecisive and incoherent on the ferocious Assad crackdown in Syria.

2012

Huckabee Won’t Run for President

Republicans Optimistic About Retaking Senate

TERROR ATTACKS

Cities Nationwide Heighten Vigilance on Terror

“In the short term, we are facing more danger from lone wolf actors who will see Bin Laden’s death as justification in their minds to mobilize and do something here,” said Deputy Chief Michael Downing, head of the Counter-Terrorism and Special Operations Bureau in the Los Angeles Police Department.

“I personally think the chances of an attack are highly likely,” said Boston’s police commissioner, Edward Davis. “The terrorists have utilized Bin Laden’s death to turn up the rhetoric on this extremism. I think simply due to the odds, something will happen somewhere in the United States. We have to be extremely vigilant.”

'Sensitive' police document may be threat only to NYPD's image

A "sensitive" counterterrorism document belonging to the New York Police Department was found in a trash can outside a police station by a passerby who has drawn attention for posting it online.

IN OTHER NEWS

I.M.F. Chief, Arrested at Airport, Is Accused of Sexual Attack at Hotel

N Korea and Iran 'sharing ballistic missile technology'

North Korea and Iran appear to have been exchanging ballistic missile technology in violation of sanctions, a leaked UN report shows.

Louisiana spillway is opened to relieve swollen Mississippi River, spare cities from flooding

A trail of stalled or abandoned HUD projects

Secret Desert Force Set Up by Blackwater’s Founder

Thanks for reading!

Watch State of the Union with Candy Crowley Sundays at 9am ET. For the latest from State of the Union click here.


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soundoff (2 Responses)
  1. nitro

    Was looking at state of the union and notice how the first question out of the box Mitch
    Mcconnel refused to answer. Candy ask him what will happen if the debt ceiling is not raised. He didnt answer it because he dont want the people to know what the outcome will be for the republicans refusal to cooperate.

    May 15, 2011 09:16 am at 9:16 am |
  2. once upon a horse

    looks like once again this weekend the Republicans get to take over the airways. I guess the Democrats are too busy to get the same amount of time.

    May 15, 2011 09:21 am at 9:21 am |