July 2011 Current Events: U.S. News
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Here are the key events in U. S. news for the month of July 2011.
Minnesota Government Shuts Down (July 1): Minnesota Democrats and Republicans fail to agree on a solution for the state's budget problems by the July 1st deadline, causing the government to shut down. State employees are sent home without pay. Parks, historical sites, the Minnesota Zoo, and all major rest areas along highways are among the many state services closed.
Casey Anthony Found Not Guilty of Murder (July 5): After almost six weeks of testimony, a jury of five men and seven women finds Casey Anthony not guilty of killing her daughter, Caylee Marie who was last seen with her mother on June 16, 2008. The verdict ends a case that has captivated the nation for three years. Many avid watchers of the case are shocked and angered by the verdict, including HLN host Nancy Grace. In reaction to the verdict, Grace says, "The devil is dancing tonight." The jury does find Anthony guilty of the lesser charges of providing false information to law enforcement officers. The jury does not ask to review any evidence and reaches their decision in less than 11 hours.
Budget Talks Heat Up as Debt Ceiling Deadline Nears (July 19): With the Aug. 2 deadline to raise the $14.3 trillion debt ceiling quickly approaching, members of the House and the Senate as well as President Obama work to agree on a budget deal to lower the deficit. A bipartisan proposal from six senators to reduce the deficit by nearly four trillion over the next decade offers hope for an agreement. The proposal is the kind of big debt-reduction deal that President Obama has been pushing for. If a deal is not reached by the debt ceiling deadline, the U.S. would be forced to default, which would affect its credit rating. (July 31): With the debt ceiling deadline only 48 hours away, an agreement still has not been reached, even after several proposals were made in both the Senate and the House. Credit rating agencies, such as Moody's and Standard & Poor's, report that they will downgrade the country's current AAArating if the U.S. defaults and fails to pay its bills on August 2nd.
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