Wednesday, June 19 2013 1:31 PM EDT2013-06-19 17:31:17 GMT
Moultrie Technical College unveiled its new $9.5 million, 46,000 square-foot Health Sciences Building Wednesday. The brand new structure is located at the school's Veterans Parkway Campus (VPC) in Moultrie. RepresentativesMore >>
Moultrie Technical College unveiled its new $9.5 million, 46,000 square-foot Health Sciences Building Wednesday. The brand new structure is located at the school's Veterans Parkway Campus in Moultrie. More >>
Wednesday, June 19 2013 12:10 PM EDT2013-06-19 16:10:40 GMT
Ravi Mikel Givens was arrested Tuesday and charged with possession of marijuana with intent to distribute. He is being held in the Dougherty County jail. Givens, who played ball at Westover and StetsonMore >>
Agents say that police responded to the apartment because of a burglar alarm. Officers found the back door broken open and went inside. That's where they detected a strong odor of marijuana, and saw pot in plain view.More >>
Wednesday, June 19 2013 10:16 AM EDT2013-06-19 14:16:37 GMT
Demetria Porter, charged with causing the death of Ja' Kavion Davis, appeared before a judge at the Dougherty County jail this morning to hear the charges against her. She is charged with cruelty to aMore >>
Demetria Porter, charged with causing the death of Ja' Kavion Davis, appeared before a judge at the Dougherty County jail this morning to hear the charges against her.More >>
Wednesday, June 19 2013 9:45 AM EDT2013-06-19 13:45:09 GMT
COLUMBUS, Ga. (AP) - About 100 soldiers are scheduled to return to Fort Benning in Georgia after a nine-month deployment to Afghanistan. The Columbus Ledger-Enquirer reports (http://bit.ly/17WfBX4) thatMore >>
About 100 soldiers are scheduled to return to Fort Benning in Georgia after a nine-month deployment to Afghanistan. The unit is made up of soldiers assigned at Fort Benning and medical personnel from throughout the Army.More >>
By PAUL WISEMAN and CHRISTOPHER S. RUGABER AP Economics Writers
WASHINGTON (AP) - A last-ditch tax deal in the Senate might let the U.S. economy escape the worst of the so-called fiscal cliff and avoid going back into recession.
But even if the House goes along, the tax increases likely coming in 2013 will dent economic growth anyway.
In the early hours of the new year, the Senate voted to end a long stalemate and raise taxes on upper-income households, extend long-term unemployment benefits and postpone decisions over government spending cuts, officials said. But any deal needs approval from the House.
About $536 billion in 2013 tax increases were scheduled to take effect Jan. 1, along with $109 billion in cuts from military and domestic-spending programs, if Democrats and Republicans could not reach agreement.
Mark Vitner, senior economist at Wells Fargo, said he expects budget policy, including the higher taxes in the Senate plan, to shave 0.8 percentage points off economic growth in 2013.
The economy doesn't have much growth to give. Vitner predicts it will grow just 1.5 percent in 2013, down from 2.2 percent in 2012.
The biggest hit to the economy is expected to come from the end of a two-year Social Security tax cut.
The so-called payroll tax is scheduled to bounce back up to 6.2 percent from 4.2 percent in 2011 and 2012, amounting to a $1,000 tax increase for someone earning $50,000 a year.
"Even with this deal, fiscal policy will still be a net drag on economic growth," Vitner said. "The expiration of the payroll tax holiday will reduce after-tax income for all workers and hit lower to middle income families the hardest."
Mark Zandi, chief economist at Moody's Analytics, calculates that the higher payroll tax will reduce economic growth by 0.6 percentage points in 2013.
The other possible tax increases - including higher taxes on household incomes above $450,000 a year - will slice just 0.15 percentage points off annual growth, Zandi says.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.