VIDEO: Today's Headline News from Associated Press
SHORT-TERM HIKE IN DEBT LIMIT?
WASHINGTON (AP) -- Senate Democrats intend to introduce legislation by mid-week to raise the nation's debt limit without the unrelated conditions Republicans have said they intend to seek, officials said Monday, as the White House signaled it would accept even a brief extension in borrowing authority to prevent an unprecedented default.
The emerging measure is designed to ensure that there's no repetition of the current borrowing squeeze until after the 2014 elections.
Depending on the Republican response, it could be the middle of next week before a final vote is taken on the measure, close to the Oct. 17 deadline that Treasury Secretary Jacob Lew has set for Congress to avert a possible default.
The details were described by officials who spoke on condition of anonymity, saying they were not authorized to discuss a measure that has yet to be made public.
It is unclear when Republicans in the House, who hold a majority, intend to advance debt limit legislation of their own.
Republicans have said they will seek long-term deficit cuts or reforms to benefit programs and perhaps a wholesale rollback in environmental rules as the price for raising the current $16.7 trillion debt limit. President Barack Obama has ruled out negotiations on the measure, although he has said he is willing to discuss fiscal and other issues with the GOP once the weeklong partial government shutdown is over and the Treasury is free to borrow again.
Economists say a default could trigger a financial crisis and recession that would echo 2008 - or worse. The 2008 financial crisis plunged the country into the worst recession since the Great Depression of the 1930s.
US INTERROGATORS SENT TO QUESTION AL-QAIDA SUSPECT
WASHINGTON (AP) -- A team of military, intelligence and Justice Department interrogators has been sent to the USS San Antonio in international waters to question terror suspect Abu Anas al-Libi, who was captured in Libya over the weekend, two law enforcement officials told The Associated Press on Monday.
Al-Libi was indicted in 2000 for his involvement in the 1998 bombings of U.S. embassies in Africa. He is currently being held in military custody aboard the Navy ship under the laws of war, which means a person can be captured and held indefinitely as an enemy combatant, one of the officials said.
As of Monday, al-Libi had not been read his Miranda rights - which includes the rights to remain silent and speak with an attorney. Both officials spoke on condition of anonymity because they weren't authorized to discuss the ongoing investigation.
The interrogators sent to question al-Libi are part of a group of interrogators called the High-Value Detainee Interrogation Group. The group was created by the Obama administration in 2009 to juggle the need to extract intelligence from captured suspected terrorists and preserve evidence for a criminal trial. It's part of President Barack Obama's strategy to prosecute terrorists in U.S. civilian courts.
FORMER GOOGLE CEO TO CO-WRITE MANAGEMENT BOOK
Now that he is no longer Google's CEO, Eric Schmidt evidently has a lot more time to write books.
After releasing a technology treatise about his vision of the future in an Internet-connected world, Schmidt will share some of the management tips that he learned while running Google Inc. for a decade.
The upcoming book will be called "No Adult Supervision Required: How To Build Successful 21st Century Companies." Schmidt is co-writing it with Jonathan Rosenberg, one of Schmidt's top lieutenants at Google.
Publisher Business Plus, an imprint of Hachette Book Group, announced Monday that it plans to release the book in the fall of 2014.
Schmidt was Google's CEO from 2001 to 2011, when company co-founder Larry Page took over. Schmidt remains Mountain View, Calif.-based Google's executive chairman.
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