Wednesday, January 22, 1997

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  • Transformations In the Military Industrial Complex

    Former Republican Senator William Cohen goes before his friends and colleagues in the Senate today for confirmation hearings to replace outgoing Defense Secretary William Perry. He’s expected to win the nomination easily and the Pentagon says that he could be sworn in as early as this afternoon.

  • Newt Gingrich Fined and Reprimanded

    Yesterday, for the first time in Congressional history, the Speaker of the House of Representatives was fined $300,000 and formally reprimanded for violating House rules. Lawmakers voted overwhelmingly — 395 to 28 — to accept the House Ethics Committee’s recommendations that Newt Gingrich be punished for using tax-exempt organization to advance the political agenda of the Republican Party. He was also reprimanded to making inaccurate and false statements to the Ethics Committee.

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    Juan González on How Puerto Rico’s Economic "Death Spiral" is Tied to Legacy of Colonialism
    Could Puerto Rico become America’s Greece? That’s a question many are asking as the island faces a devastating financial crisis and a rapidly crumbling healthcare system. Puerto Rico owes $72 billion in debt. $355 million in debt payments are due December 1, but it increasingly looks like the U.S. territory may default on at least some of the debt. Congress has so far failed to act on an Obama administration proposal that includes extending bankruptcy protection to Puerto Rico and allocating more equitable Medicaid and Medicare...


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