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Lerner Pleads The 5th – Again; The $1.8 Billion Obamacare Website; Obama Versus Putin – The World Is Watching; Moody’s Downgrades Chicago; Texas GOP Leaders Sail Through Primaries – Wednesday Morning News Roundup 3-5-2014

March 5, 2014 by  

Here is a collection of some of the stories making the Internet rounds this morning. Click the links for the full stories.

  • A House hearing on the IRS targeting scandal rapidly broke down into a heated and deeply personal argument between a top Democrat and Republican, moments after former IRS official Lois Lerner once again invoked her 5th Amendment right not to testify. Source: Fox News…

 

  • President Obama’s top health officials said Tuesday they expect Congress to front the money needed to fund Obamacare’s Federal marketplace in fiscal 2015 as they work to make Healthcare.gov operate better this fall. The Health and Human Services Department said it needs a projected $1.8 billion to maintain the Federally run exchange it operates on behalf of about three dozen states. Source: The Washington Times…

 

  • President Barack Obama’s response to the Russian invasion of Crimea will have far-reaching repercussions, experts said on Tuesday. Experts said at the Heritage Foundation that all of America’s geopolitical foes are paying attention to the U.S. response to Russian aggression in Crimea, not just Putin. Source: The Washington Free Beacon…

 

  • Moody’s Investors Service has downgraded Chicago’s credit rating, citing the city’s unfunded pension liabilities. The agency announced Tuesday it’s lowering the rating on $8.3 billion in debt from A3 to Baa1, putting it only three notches above junk-bond status. Source: CBS Chicago…

 

  • Texas Senator John Cornyn easily survived a primary challenger to secure the GOP nomination for a third term, while Republican Greg Abbott and Democrat Wendy Davis coasted in their gubernatorial primaries in the Lone Star State on Tuesday. Source: NBC News… 

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