Republican debt-limit plan would cut US jobs, slow growth, economist tells Senate panel

By Andy Sullivan and Moira Warburton WASHINGTON (Reuters) – A Republican plan to cut federal spending in exchange for lifting the U.S. government’s debt ceiling would lower employment, slow economic growth and “meaningfully increase” the likelihood of a recession, Moody’s Analytics’ chief economist told a Senate committee on Thursday. Mark Zandi told the Senate Budget…

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North Carolina House passes 12-week abortion ban

(Reuters) – North Carolina’s Republican-dominated House on Wednesday passed and sent to the state Senate a controversial bill limiting most abortions to the first 12 weeks of pregnancy, a sharp drop from the state’s current limit of 20 weeks’ gestation. The bill passed 71-46 along party lines, with one Republican and two Democratic lawmakers not…

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