112th US Congress convenes Jan. 5January 5, 2011 - 15:46 AMT PanARMENIAN.Net - The 112th US Congress convenes Wednesday, January 5, with a large Republican majority in the House of Representatives and a diminished Democratic majority in the Senate. This division is the outcome of the November 2010 election, in which the Republicans made a net gain of 63 seats and took control of the House while picking up six Senate seats but falling short of a majority in the upper chamber. The Republican leadership, headed by incoming Speaker of the House John Boehner, is more attuned to the requirements of the financial markets, and plans to use the intransigence of the ultra-rightists in its bargaining with the White House over what spending cuts will accompany an increase in the debt ceiling. The House Republicans will also adopt new budget rules which will allow unlimited tax cuts for the wealthy, regardless of the impact on the deficit, but forbid any increase in social spending or tax cuts for working people, like the Earned Income Tax Credit, without offsetting cuts elsewhere, wsws.org reported.
Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. |