Showing posts with label U.S. Congress. Show all posts
Showing posts with label U.S. Congress. Show all posts

Wednesday

Find your birthday in Pi’s first 200 million digits


March 14 is celebrated by mathematics enthusiasts around the world as Pi Day. In fact, in 2009, the US Congress voted to pass a resolution designating the date as “Pi Day” due to its resemblance to the first three digits of the recurring constant (3.14).

Pi, the ratio of a circle’s circumference to its diameter, is an irrational number that extends to trillions of digits beyond the decimal point. Clearly, there is more to Pi than 3.14.

But did you know that you can search your birthday and other significant dates or number combinations in your life hidden in Pi’s trillion of digits?

What are the chances of finding your PIN or anniversary date within the Pi? There is a big chance, thanks to the Pi-Search Page at http://www.angio.net/pi/.

The Pi-Search Page, first put up in 1996, allows you to input any string of digits while the engine searches as you type, with extremely fast results. The page says it takes less than 1/50th of a second to process most requests.

You have a 100 percent chance of finding number combinations of one to five digits in the first 200 million digits of Pi, and nearly 100 percent chance for six to seven digits. Eight-combinations, birthdays included, have a 63 percent chance of being found in the string of numbers.

Here, we tried searching for (and successfully found) important dates in Philippine history, holidays, and other dates. YG/CBB

source: technology.inquirer.net

Thursday

Pope Francis meets with the homeless at DC’s St. Patrick’s Cathedral


After addressing the Joint Session of the US Congress, Pope Francis' schedule relaxes a little as he now has time to meet ordinary Americans before he flies to New York later in the day. He is heading to St. Patrick's Cathedral in Washington D.C., where he will meet the homeless beneficiaries of the Catholic Charities of the Archdiocese of Washington's St. Maria’s Meals program.

According to reports, the group will set up 55 tables for the homeless and needy to have lunch. Pope Francis is expected to bless the meal and interact with the diners.

The Vatican will livestream the event, which is expected to start at 11:10 p.m. Manila time. You can watch it here.


After this event, Pope Francis will fly to New York City, where he will conduct evening prayer at St. Patrick's Cathedral at 6:45 a.m. Friday (Manila time). — BM, GMA News

source: gmanetwork.com

Tuesday

US Congress unveils $1 trillion spending bill


WASHINGTON – Negotiators from the US Senate and House of Representatives unveiled a $1 trillion spending bill late Monday (Tuesday, PHL time), eliminating the threat of another government shutdown, at least until October.

The high-stakes omnibus spending bill sets discretionary spending limits line by line for each federal agency until September 30, when the 2014 fiscal year ends.

"We are pleased to have come to a fair, bipartisan agreement on funding the government for 2014," said the negotiators, including Senate Appropriations Committee Chairwoman Barbara Mikulski, a Democrat.

"Although our differences were many and our deadline short, we were able to a draft a solid piece of legislation that meets the guidelines of the Ryan-Murray deal (on the budget in December), keeps the government open and eliminates the uncertainty and economic instability of stop-gap governing."

In addition to Mikulski, the other members of the negotiating team included House Appropriations Committee Chairman Hal Rogers, the panel's top Democrat Nita Lowey and the Senate Appropriations Committee's top Republican Richard Shelby.

In October, a bitter budget clash between Republicans and Democrats – who control the House and Senate respectively – triggered a 16-day government shutdown.

A deal to end the crisis financed the government through this coming Wednesday, January 15.

Last month, Congress passed a compromise two-year budget accord, marking a truce in the fiscal wars that have plagued Washington.

The newly unveiled consolidated appropriations bill provides $1.012 trillion to operate the federal government, not including social services and foreign military operations.

Because the agreement was the fruit of bipartisan negotiations between Republican and Democrats, it is likely to get adopted quickly by Congress this week, averting another shutdown crisis.

After two years of historic reductions, federal expenditures were set to rise again in 2014 as the deal erases painful and automatic spending cuts that were due to kick in on January 1 for the next two years.

Military spending, which had been set for net reductions, will increase slightly.

On top of top will come an additional $92 billion for foreign US military operations, mainly the war in Afghanistan, and $6.5 billion for extraordinary expenses linked to natural disasters.

"As with any compromise, not everyone will like everything in this bill, but in this divided government a critical bill such as this simply cannot reflect the wants of only one party," the deal negotiators said.

"We believe this is a good, workable measure that will serve the American people well, and we encourage all our colleagues to support it this week."

The discretionary budget, which must be approved by Congress each year, only represents about a third of federal public spending.

It does not include mandatory spending, such as the Medicare insurance program for the elderly and Social Security, set to reach $2.196 billion in 2014, according to Congressional Budget Office estimates. – Agence France-Presse

source: gmanetwork.com

Thursday

Oil rebounds on breakthrough hopes in US budget crisis


Singapore – Oil prices rebounded in Asian trade Thursday on hopes of a possible breakthrough in the US budget crisis after the White House moved to convene meetings with leading members of Congress.

New York's main contract, West Texas Intermediate for delivery in November, was up seven cents at $101.68 in mid-morning trade while Brent North Sea crude for November gained seven cents to $109.13.

WTI declined $1.88 and Brent fell $1.10 New York Wednesday after the latest US crude stockpiles report showed a surprise build-up of 6.8 million barrels, but analysts said developments in Washington remain the main focus.

There are "continued concerns regarding the US budget impasse that would reduce demand for oil in the world's largest oil consumer," said Vanessa Tan, investment analyst at Phillip Futures in Singapore.

President Barack Obama sat down with House of Representatives Democrats on Wednesday, and invited all other lawmakers to the White House to work through budget disagreements that have led to the partial shutdown of the government.

Scenarios for an exit to the shutdown include a short-term government funding bill and a temporary debt ceiling rise, but there have no been consensus on any of these so far.

Failure to lift the debt ceiling by a October 17 deadline will mean the government is unable to pay its bills or service its debts, causing a default that analysts have warned could send the world economy back into recession.

"There is still no clarity as to whether the White House and the Republicans are closer towards a compromise that could result in a continuing resolution or a decision to lift the federal debt ceiling," DBS Bank said in a note.

"For now, a continuing resolution looks more likely if the both parties can move away from (Republican demands to cut Obama's health care law) and work towards spending cuts," it said. – Agence France-Presse

source: gmanetwork.com

Monday

US Congress enters crucial week in battles over budget, debt limit


WASHINGTON - As the U.S. government moved into the second week of a shutdown on Monday with no end in sight, a deadlocked U.S. Congress also confronted an Oct. 17 deadline to increase the nation's borrowing power or risk default.

The last big confrontation over the debt ceiling, in August, 2011, ended with an eleventh-hour agreement under pressure from shaken markets and warnings of an economic catastrophe if a default were allowed to occur.

A similar last-minute resolution remained a distinct possibility this time as well.

In comments on Sunday political talk shows, neither Republicans nor Democrats offered any sign of impending agreement on either the shutdown or the debt ceiling, and both blamed the other side for the impasse.

"I'm willing to sit down and have a conversation with the president," said Republican House of Representatives Speaker John Boehner, speaking on ABC's "This Week." But, he added, President Barack Obama's "refusal to negotiate is putting our country at risk."

On CNN's State of the Union, Treasury Secretary Jack Lew said: "Congress is playing with fire," adding that Obama would not negotiate until "Congress does its job" by reopening the government and raising the debt ceiling.

Shutdown, debt ceiling issues merged

The two issues started out separately in the House but have been merged by the pressure of time.

Conservative Republicans in the House have resisted funding the government for the current fiscal year until they extract some concession from Obama that would delay or defund his signature healthcare law, which launched Oct. 1.

Many of those conservatives want a similar condition placed on raising the debt ceiling, but in his list of debt-ceiling demands Sunday, Boehner did not mention the Affordable Care Act, commonly known as Obamacare.

"It's time to talk about the spending problem," said Boehner, including measures to rein in costs of entitlement programs such as the Social Security retirement system and Medicare, the government-run health insurance plan for seniors.

Harry Reid, leader of the Democratic-led Senate, is expected to decide soon on whether to try to open formal debate on a "clean" bill - without extraneous issues attached - to raise the U.S. Treasury's borrowing authority.

Passage of such a measure would require at least six of the Senate's 46 Republicans to join its 54 Democrats in order to overcome procedural hurdles that opponents of Obamacare could erect.

According to one Senate Democratic aide, the debt limit hike might be coupled with a new initiative to reform the U.S. tax code and achieve long-term savings in Social Security and Medicare, whose expense has soared along with the population of retirees.

Republican lawmakers have floated other ideas, such as a very short debt limit increase, which would create time for more negotiation at the expense of further market uncertainty, and repeal of a medical device tax.

The tax is expected to generate some $30 billion over 10 years to help pay for healthcare insurance subsidies under Obamacare.

Some Democrats favor repealing the tax, but they insist that replacement revenues be found and repeal be considered only after government reopens and the debt limit is raised.

Major problems in House 

Agreement in the Senate would send the snarl of issues back into the House, whose Republican caucus has adopted a hard line on both Obamacare and the debt ceiling.

There may be enough votes in the House for passage of a clean bill, according to some analysts. That would require almost all of the House's 200 Democrats and about 20 of its 232 Republicans to vote in favor. But taking such a vote would require Speaker Boehner to violate his policy against bringing a vote on any legislation that is favored by less than a majority of House Republicans.

In any case, neither side is making any move toward accommodation, and the stakes rise with the passage of time.

For any deal to work, negotiators probably would have to choreograph a multi-pronged approach that allows all sides to declare victory, even if it is one that cues up another battle in mid-November or December.

While the shutdown itself is unlikely to cause major disruption in the markets, a fight over the debt ceiling could. In the last two days of the debt-limit standoff of August 2011, the New York Stock Exchange lost 11.2 percent of its value, and the deadlock led to a downgrade of the U.S. credit rating "AA+" from "AAA" by Standard & Poors.

The outlooks from Moody's and Standard & Poor's, the only agency so far to have lowered its rating on U.S. debt, are both at "stable," but Fitch Ratings has indicated a negative outlook for the U.S. debt rating.

All three agencies have said the U.S. debt profile has improved substantially over the past two years, with gross domestic product growth, while slow, proving to be persistently positive and the budget deficit trending lower.

Fitch said in a note last week that the U.S. rating is at risk in the current showdown over the debt ceiling because failure to raise it sufficiently in advance of the deadline, raises questions about the full faith and credit of the United States to honor its obligations.

Political gridlock remains the greatest risk to the U.S. outlook, Fitch said in its note of Oct. 1, the first day of the partial shutdown of federal government operations.

"This 'faith' is a key underpinning of the U.S. dollar's global reserve currency status and reason why the US 'AAA' rating can tolerate a substantially higher level of public debt than other 'AAA' sovereigns," Fitch said.

Investors have so far been relatively sanguine about the approaching debt ceiling deadline, but measures of anxiety, such as the Chicago Board Options Exchange's Volatility Index, have begun trending up since the shutdown began last Tuesday. The VIX rose 18 percent last week and briefly hit its highest level since June. — Reuters

source: gmanetwork.com

Sunday

As Obama's Asia 'pivot' falters, China steps into the gap


KUALA LUMPUR - When then U.S. Secretary of State Hillary Clinton declared two years ago "We are back to stay" as a power in Asia, the most dramatic symbol of the policy shift was the planned deployment of 2,500 U.S. Marines in northern Australia, primed to respond to any regional conflict.

At this point in time, however, there is not a single U.S. Marine in the tropical northern city of Darwin, according to the Australian defense ministry. Two hundred Marines just finished their six-month tour and will not be replaced until next year, when 1,150 Marines are due to arrive.

The original goal of stationing 2,500 Marines there by 2017 remains in place, but the lack of a U.S. presence there two years after the policy was announced underlines questions about Washington's commitment to the strategic "pivot" to Asia.

President Barack Obama's cancelation of a trip this week to four Asian nations and two regional summits due to the U.S. government shutdown has raised further doubts over a policy aimed at re-invigorating U.S. military and economic influence in the fast-growing region, while balancing a rising China.

While U.S. and Asian diplomats downplayed the impact of Obama's no-show, the image of a dysfunctional, distracted Washington adds to perceptions that China has in some ways outflanked the U.S. pivot.

"It's symptomatic of the concern in Asia over the sustainability of the American commitment," said Carl Baker, director of the Pacific Forum at the Center for Strategic and International Studies in Hawaii.

As embarrassed U.S. officials announced the cancelations last week, Chinese President Xi Jinping was in Indonesia announcing a raft of deals worth about $30 billion and then in Malaysia to announce a "comprehensive strategic partnership", including an upgrade in military ties.

He was en route to this week's Asia-Pacific Economic Cooperation #APEC# summit in Bali and the East Asia Summit in Brunei, where Obama will no longer be able to press his signature trade pact or use personal diplomacy to support allies concerned at China's assertive maritime expansion.

Since 2011, China has consolidated its position as the largest trade partner with most Asian countries and its direct investments in the region are surging, albeit from a much lower base than Europe, Japan and the United States. Smaller countries such as Laos and Cambodia have been drawn so strongly into China's economic orbit that they have been called "client states" of Beijing, supporting its stance in regional disputes.

Leveraging its commercial ties, China is also expanding its diplomatic, political and military influence more broadly in the region, though its efforts are handicapped by lingering maritime tensions with Japan, the Philippines and several other nations.

"For countries not closely allied with the U.S., Obama's no-show will reinforce their policy of bandwagoning with China," wrote Carl Thayer, emeritus professor at the Australian Defense Force Academy in Canberra.

'Blue-water' expansion

China, for instance, has been the biggest trade partner of the 10-member Association of Southeast Asian Nations #ASEAN# since 2009, and its direct investments are surging, bringing with them increased economic and diplomatic influence.

Chinese companies invested $4.42 billion in Southeast Asia in 2012, up 52 percent on the previous year, according to Chinese state media citing the China-ASEAN Business Council. Investments into neighboring Vietnam rocketed 147 percent.

China is demonstrating that it can deploy forces far beyond its coastal waters on patrols where they conduct complex battle exercises, according to Japanese and Western naval experts. Chinese shipyards are turning out new nuclear and conventional submarines, destroyers, missile-armed patrol boats and surface ships at a higher rate than any other country.

Operating from increasingly modern ports, including a new naval base in the south of Hainan island, its warships are patrolling more regularly, in bigger numbers and further from the mainland in what is the most sweeping shift in Asia's maritime power balance since the demise of the Soviet navy.

China's military diplomacy with Southeast Asia is rapidly evolving as it takes steps to promote what Beijing describes as its "peaceful rise".

The Chinese navy's hospital ship Peace Ark recently treated hundreds of patients on a swing last month through Myanmar, Cambodia and Indonesia - its first such mission across Southeast Asia. Its naval vessels returning from regular international anti-piracy patrols in the Gulf of Aden have made calls in Southeast Asian ports, including Singapore and Vietnam.

Still, analysts and diplomats say Beijing has a long way to go to catch up with not just the long-dominant United States, but other regional military powers such as Australia, Japan and Russia.

"China has come late to the party," said Richard Bitzinger, a military analyst at Singapore's S. Rajaratnam School of International Studies.

Not a patchy pivot

Prime Minister Lee Hsien Loong of Singapore, one of Washington's most key allies in the region, said it was disappointing Obama would not be visiting Asia.

"Obviously we prefer a U.S. government which is working to one which is not. And we prefer a U.S. President who is able to travel to fulfill his international duties to one who is preoccupied with his domestic preoccupations," Lee said after arriving in Bali.

"It is a very great disappointment to us President Obama is unable to visit."

U.S. officials dismissed the notion that Obama's no-show would imply any weakening of the U.S. commitment to the region. Just last week, Secretary of Defense Chuck Hagel and Secretary of State John Kerry were in South Korea and Japan to reaffirm the U.S. military commitment to the two key allies, and Kerry will fill in for Obama at the two Asian summits.

"The bottom line is that the United States of America is not going to change one iota the fundamental direction of the policy under this president," Kerry said on Saturday.

"I think everybody in the region understands. Everybody sees this #the cancelation of the visit# as a moment in politics - an unfortunate moment - but they see it for what it is."

The United States has ramped up military funding and assistance to its close ally the Philippines, expanded military exercises with other nations and increased regional port visits.

From only 50 ship visits in 2010, nearly 90 ships have visited the Philippines since January this year alone.

Washington has stationed surveillance planes there and promised up to $30 million in support for building and operating coastal radar stations, all aimed at improving its ally's ability to counter China's naval encroachment in the disputed South China Sea that has alarmed several Asian nations.

But talks to establish a framework agreement on a regular rotational U.S. military presence in the Philippines have yet to bear fruit, and are unlikely to have been helped by Obama's cancelation of his planned visit to Manila.

For the Darwin deployment, a U.S. Senate Committee said in April that it would cost $1.6 billion to build lodgings for the Marines, but the Australian government last month called for only a first-stage A$12 million #$11.3 million# tender to construct new quarters at existing Australian barracks for around 350 marines.

The economic leg of the pivot, negotiations for the U.S.-led Trans-Pacific Partnership, has grown to 12 nations. But the complex three-year-old talks, which seek unprecedented access to domestic markets, are facing resistance in many countries and are unlikely to completed soon.

A final deal would have to be approved by the U.S. Congress, raising the prospect of domestic politics again obstructing Asia ties.

"Even if the administration could push through some agreement on the TPP, it's very unlikely there is going to be legislative success getting that through based on the acrimony that exists," said the CSIS's Baker.

"...On the commercial side #of the pivot#, there seems to be more rhetoric than action." — Reuters

source: gmanetwork.com

Obama urges Congress to pass budget, raise debt ceiling


WASHINGTON - President Barack Obama on Saturday urged the US Congress to approve a budget to keep the government open after October 1, and raise the debt ceiling so the country can pay its bills.

Far-right Republicans in Congress want to take neither action in their attempt to defund a sweeping health care overhaul approved more than three years ago. Critics nicknamed the law "Obamacare," and Republicans have fought to repeal it since its passage.

If a budget "doesn't pass before September 30th - a week from Monday - the government will shut down," Obama said in his weekly Saturday morning broadcast address. "And so will many services the American people expect."

Obama warned that even soldiers serving abroad could see their paychecks stopped.

Congress must also raise the limit on government borrowing, as the US government is expected to run out of money by around the middle of October -- a scenario that could make stock markets tumble and send shockwaves through the global economy.

"Since the 1950s, Congress has always passed it, and every president has signed it - Democrats and Republicans," including conservative icon Ronald Reagan, Obama said.

"And if this Congress doesn't do it within the next few weeks, the United States will default on its obligations and put our entire economy at risk."

While Democrats and "some reasonable Republicans" are willing to take both actions,"there's also a faction on the far right of the Republican party who've convinced their leadership to threaten a government shutdown" and are "willing to plunge America into default" if they can't defund the health care program.

"The United States of America is not a deadbeat nation," Obama said. "We are the world's bedrock investment. And doing anything to threaten that is the height of irresponsibility.

"That's why I will not negotiate over the full faith and credit of the United States. I will not allow anyone to harm this country's reputation, or threaten to inflict economic pain on millions of our own people, just to make an ideological point."

Many federal agencies and programs will shutter on October 1, day one of the coming fiscal year, if Congress and the president do not agree on a temporary budget measure. — Agence France-Presse

source: gmanetwork.com