August 2, 2011

The House of Representatives has approved a bill to raise the government’s debt ceiling and enact some $2 trillion in spending cuts. The vote of 269 to 161 included a “yes” that was cast by Arizona congresswoman Gabrielle Giffords in her first appearance on the House floor since she was shot in an assassination attempt. Final approval by the Senate and President Obama is expected today. Source Link

A bulldozer may be one way to deal with America’s glut of foreclosed and abandoned houses.  Bloomberg News reports that Bank of America is donating abandoned homes in Cleveland, Detroit and Chicago to community agencies that will demolish them. Wells Fargo, Citigroup, Chase and Fannie Mae have similar programs under consideration or already underway. Source Link

A new poll says cancer and dementia are the biggest health fears for baby boomers, but maybe it should be heart disease and diabetes. About one-third of boomers are obese and another 36 percent are overweight. And only one out of four baby boomers gets the recommended 30 minutes of moderate exercise five times a week, a trend that can set them up for poor health as seniors. Source Link